
Vice President of Acquisitions, Broberg Capital
Member of the Real Estate Council
Dennis Cisterna is the Vice President of Acquisitions at Broberg Capital, a real estate investment firm focused on distressed opportunities in the United States. Mr. Cisterna was previously a Principal with American Pacific Development and a Land Acquisition Director at Toll Brothers, one of the nation's largest luxury home builders. He is involved in overseeing strategic planning and acquisitions nationwide. Mr. Cisterna is an expert in economic and housing market research as well as strategic planning, financial analysis and property valuation. He is a contributing writer for Builder & Developer magazine and the author of nationally published housing market research. Mr. Cisterna has been working in the real estate industry since 2000 and began his career as a Senior Development Consultant at Meyers Group (now Hanley-Wood Market Intelligence). He is a Licensed Real Estate Broker in California and holds a Bachelors Degree in Political Science from San Diego State University. (This is me - Update Profile)
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February 26, 2008
Existing Home Sales Decline | biz.yahoo.com
Unsold inventory is at an extremely high level, which will be increased significantly as mortgage foreclosures continue to ramp up through 2008. The median home price has dropped only 4.6% year over year. Even with historically low interest rates, the credit crunch will continue to suppress demand.
| Study Group Name | No. Members |
|---|---|
| Production Homebuilding Experts | 1727 |
| Land Banking Experts (US) | 481 |
| CoStar or LoopNet Users | 121 |
| Senior Housing Real Estate Experts | 115 |
| Distressed Real Estate Experts | 115 |
Dennis Cisterna has not participated in any GLG Live Meetings.