GLG News in Real Estate

There have been recessions and commercial real estate bubbles that have burst in the past. The most notable was the 1990's crash. Unfortunately the learning curve for this time around will be an uphill battle for all concerned. The simple reason is no one has had to encountered the multiple credit issues that are so wide spread today, whereby there is no safe haven or easy answer as all...

Sears continues to lose money at an ever increasing rate. However its stock continues to sell at a substantial premium over far better positioned and profitable retailers such as Wal Mart and Target.  What the heck is going on? SHLD is up over 23% above its recent low on 7/15/08 showing continued losses while the major retailers who are showing only slightly lower profits continue their drift...

THIS ARTICLE PROVIDES ENOUGH INFORMATION TO ALLOW AN ASTUTE OBSERVER TO MAKE SOME PRETTY ACCURATE ASSUMPTIONS ABOUT THE CURRENT MARKET VALUES OF MOST OF THE STRIP CENTER REITs. 

Good points, but a lack of industry oversight and planning make this a fact of life. Where is the economic planning in the U.S.A.? Relationship building is a key element of business.

If you have cash when even good projects need it you ought to be able to drive a hard bargain.

More loans are going into default and foreclosure, not only of the borrower, but now the builders are running out of cash. The downward spiral is not yet at midpoint, and will continue down for several years. What makes one think that prices will trend up in general, at any point in the next several years, when banks are trying to shore up their balance sheets and hoarding cash?

Per NAR: Total housing inventory at the end of July rose 3.9 percent to 4.67 million existing homes available for sale, which represents an 11.2.-month supply² at the current sales pace, up from a 11.1-month supply in June. While there was plenty of regurgitation of this inventory data, there seems to be no understanding of the toxic nature of this inventory.  An inventory dominated by lender...

Financial markets wring their hands over whether commercial real estate is going to be as hard hit as homes, when they are the ones that are insuring a tragic outcome through their own histerical policies. Financial executives have said that they are not about to make "risky" loans in these times. That is the approach we would have all appreciated over the last 10 years or so. The problem is...

Apartment rentals and the complex  ownership are currently very favorable. Why? 1. The difficulty in home loans 2. The ego's of a lot of people 3. The favorability of lending instituitions toward apartment purchases As home loans become more difficult to obtain, people still need a place to live. The Rental rate scale from low to high will or is taking the place of affordalbe...

Mr. Zuckerman, the Editor-In-Chief, writes persuasively here of declining, nay plummeting, home prices and new home construction and of the possible passing of the U.S. auto industry and of healthcare funding problems.  He makes the point that 10 million home mortgages exceed the value of the underlying security and goes on to point out that wages are not rising to cover the average $ 2,000 loss...