GLG News in Real Estate

We need to stop looking at the "multifamily market" as a single market. Clearly, given the current condominium market (or lack thereof), we need to talking in terms of rental apartments and for-sale condominium product, regardless of whether some of that condo product may temporarily be placed into the rental market. These are two entirely different markets, and if you are looking for proof of that...

The combination of a slowing economy and turbulent debt markets has finally hit the US commercial office market. Although a great deal of equity capital remains ready to invest, between the meltdown and risk-adjustment in the financing markets, deteriorating operating fundamentals and herd mentality withdrawal from the market, office investment transaction values are down 70% from last year as...

Rising costs and high delinquencies are pushing HOAs into bankruptcy.  Add HOA solvency to your underwriting checklist.

It easy to think nationally when reading of the foreclosure number increases;the glut of homes and the downward impact on price point when,in fact,there are many regions of the country that have not been as adversely affected by speculator development and inflated land values.  Connecticut is one of several states that have weathered the storm and continue to have considerably healthier...

This is a perfect example of my often repeated notion that what passes for news in today's 24/7 news-hungry environment is mostly just a rehash of old and obvious observations.   This WSJ reporter obviously was given the assignment to write something newsworthy about the annual shopping center industry's trade show currently being held in Vegas. In a failed attempt to address...

Money flows from middle east to China set to increase after long wait

Now that the numbers are coming in, there is no doubt the commercial market has just begun to feel the pain this writer has been predicting. The only question is far down can the market go and for how long. All indications are it will be a decent decline probably not the worst in terms of historical standards but it will last for a fairly long period of time. However, although the United States economy...

To paraphrase Winston Churchill, April’s housing data for Las Vegas could be the “beginning of the beginning.”  undefined·      -----Prices of ALL new homes have reached a yearly high of $291,080 – just 9.3% below last April.  The price differential between 2008 and 2007 has narrowed in each successive month of this year. undefined·        ...

The opening up of timeshare by Emaar is very interesting for the following reasons:- Emaar are highly respected as probably the best developer in Dubai and are owned by the Rulers family. This is evidenced by the fact that until recently it was very difficult to obtain finance on other companies developments that were not being constructed by companies owned by the Rulers family. This...

Cyril Moulle-Berteaux relates interesting facts that corroborate the return to a normal housing economy in the future.  Yet, others do not understand Moulle-Berteaux’s historical analysis.