GLG News in Real Estate

As it turns out, gun dealers in Phoenix are supplying some/a bunch of the weapons which are being used in the drug wars below the Mexican border.  The Mexican Cartels send $ 15 Billion drugs to the U.S. and transports $ 10 Billion cash back to Mexico over the border.  As the article also tells us, the U.S. consumes more than half of the world’s drugs.  “Much of the Heroin, most of the...

The Peter G. Peterson foundation will confront the dangers of America’s $ 9.5 Trillion national debt.  The article quotes Peterson as saying “Over time, taxes would have to double to pay for the debt and that's unthinkable''. 

July 1 marked the beginning of a new fiscal year for most states and about one third of local governments, and, as a result of declining economic conditions, ushered in a period of cutback management and difficult decision making for many state and local leaders. Reduce taxes,reduce spending is the hue and cry from John Q. Public and understandably so.  However,we as voters sometimes shoot ourselves...

The knee-jerk reaction to this article is that we should all drop a 500 gal. fuel tank in our back yards, because soon there won't be any gas stations left!!  We are also led to believe that the gas station business is homogenous across the U.S. of A. - clearly not the case. The success of a gas station business, like any business, depends on management and their ability to cope with change. ...

For the better part of five years, TIC (tenant in common) investments were heavily promoted to individual investors as a "safe" and hassle- free investment alternative to whole ownership, primarily to those  wishing to defer taxes on the realized gain from a sold property or properties. These investors were sold a bill of goods and these investments are proving to be disastrous as the markets...

Lowest Housing starts for Decades. Increasing redundancies. Improving Rental Figures. Potential Housing crisis as shortages of homes grow.

When major service providers manipulate their statistics to paint a different picture than what is true reality, how can that benefit anyone in the industry or better asked the uneducated commercial real estate consumer? It also provides a disservice to their client base that rely on honest and objective information and advice.   No wonder we are in a world of hurt, and just because CBRE the...

The Key Implication is this investment behavior is so far over the top and wrong, that its is going to hurt a lot of innocent people and the tax payers. CEO’s of Public Companies have been put in Jail for such bad investment behavior. Furthermore the pension fund managers can’t even report on how their investments are really doing or what they are even invested in as per the subject article....

Changes to housing, autos, urban planning, public transportation, carpooling, consumer goods and retailing, manufacturing, restaurants, agriculture, mining and utility providers are coming.  There will be suppliers close to the ultimate user, zero or virtual mobility for workers and local vacations or recreation, we are told.  

The public is now going to be asked to support the housing mania of the 1st years of this century with tax look-backs to previous profits, with extended activity by the quasi-public lenders, Freddie Mac and Fannie Mae, and with government backing for loans written down to 85% of the new appraisal.  Industry insiders will love this direction as they seek to absolve their balance sheets of low...