Real Estate News by GLG Council Members

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.  

Buyers and Investors Beware:  In addition to determining values (prices), careful analysis of the financial conditions of Condominium Associations (CA's) must be prudently examined before purchasing.  

In the United States, state laws govern how property is taxed. Of particular importance is how property is defined.  What is real property for ad valorem purposes should be identified. For the shopping centers anchored by grocery or pharmacy companies may be attracting investors because corporate guarantees and other intangible property inherent in leases. And, the value of the intangibles may...

What is another risk !

First, let me state the obvious:  recovery times will depend on which market you are talking about.  If you narrow down the question, I believe that you can make some reasonable predictions about the specific market you are analyzing.  While none of us has a crystal ball, knowledge of the supply of product in your market and the history of the range of demand for that product can...