Change is inevitable and everybody resists it. But what happens when the market changes and not everyone agrees with what's happening? We wanted to find out. So we ran a survey of over 1,157 New England based commercial real estate owners and investors to collect their thoughts on the commercial real estate market.
"You've finally capitulated, haven't you?" joked my business partner. He and I laugh at the fact that he's a bear and I'm a bull. It works for us. And when either of us become too negative or positive on the market, we weigh the pros and cons. "Yep." I said. "Despite the fact that you know that I'm a bull and that I've been writing and advising of this correction for some time now, I really feel that I've experienced the shift today. There's no going back now."A lot of equity's going to be lost.
It seems there’s been a rash of suicides and other violent acts in the news lately and a number of them have been connected to real estate. David Kellerman was found dead, from hanging, this morning in his basement. A couple of months ago Steve Good of Sheldon Good & Company was found dead (by [...]
Boston is an ideal location for many businesses, with the convenience of public transportation and the prestige of the high-rise in the big city. For most, it is worth the higher rental rate to boast a Boston address on their letterhead.
However, there is a concern that the lower rents and increased vacancy in the [...]
Maybe – maybe not but the owner, General Growth, appears to be on the ropes. General growth owns more than 200 malls and other properties across the country one of which is our own Faneuil Hall. General Growth has been facing a slew of problems, not the least of which are hundreds of millions of [...]
Tuesday, June 9, 2009
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