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GLG News by Brokerage Experts: Commercial Real Estate

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July 2, 2008
Tell Me Again How Housing Has "Bottomed Out".
Analysis of: KB Home’s Loss Widens as Inventory of Unsold Houses Mounts | online.wsj.com
Author: GLG Expert Contributor
The numbers reported by KB Homes are very similar to those reported by Lennar and other major, publicly-traded homebuilders. Sales are off drastically, contract cancellations continue to be problematic and losses are mounting. For the National Association of Realtors and other trade organizations, as...
June 23, 2008
It Isn't What's Above the Surface That Makes an Iceberg Dangerous
Analysis of: NAR Report Details Impact of Credit Crisis on Commercial RE | www.cpnonline.com
Author: GLG Expert Contributor
To assert that "times are tough but not as tough as during the recession of the early 2000s" is to look no further than the numbers, ignoring the underlying issues, which the NAR and many other trade organizations are quite good at. The numbers may not show it now, but the commercial real estate market...
June 20, 2008
More investments by local property firms including Federal Land equates to continuing and future business confidence in the economy
Analysis of: No to Boom or Bust | www.abs-cbnnews.com
Author: GLG Expert Contributor
Present inflationary and other negative concerns are affecting the local economy but can property developers ride out the strom?
June 20, 2008
Transparency on Philippine prime property bidding ultimately good for economy
Analysis of: Shimao offer on Fort Boni nixed | www.businessmirror.com.ph
Author: GLG Expert Contributor
The Philippine government's stricter bidding procedures for its prime property in Bonifacio Global City in Taguig, Manila shows its renewed efforts for transparency which could actually translate to more FDI's in the long run.
June 20, 2008
Philippines' Clark and Subic now ready to grow along with economy after opening of new SCTEx highways
Analysis of: Subic-Clark Alliance: Breakthrough in Infrastructure Dev’t. | business.inquirer.net
Author: GLG Expert Contributor
Local economies of Pampanga and Olongapo along with surrounding areas of Tarlac, La Union, Baguio, etc.  to grow along with national economy after opening of new Subic Clark Tarlac Expressway (SCTEx).
June 19, 2008
As Warren Buffet Said, "You never know who is swimming naked until the tide goes out."
Analysis of: Commercial property in a world of hurt | www.financialweek.com
Author: GLG Expert Contributor
The underlying dynammics of the commercial real estate markets have not made sense for the last 18 to 24 months. It is only now that the overall economy is in turmoil that we are seeing the consequences of what were bad purchase decisions, bad lending decisions and bad development decisions. But make...
June 12, 2008
Timeshares--The Good and The Bad--
Analysis of: Timeshares poised to capture the holiday market | www.ameinfo.com
Author: GLG Expert Contributor
Over the years Timshares have gotten a terrible reputation for being bad investments and hard to use properties sold by high preasure salespeople.  RCI and Interval International are the two leaders in Timeshare trading.  The viabilitiy of Timeshares depends upon how easy they are to use and how...
June 12, 2008
Booming Emerging Markets really means Mexico
Analysis of: Real estate remains hot in emerging economies | www.iht.com
Author: GLG Expert Contributor
Mexico is the only suitable alternative for Baby Boomers looking for a second home, retirement alternative or winter home for Americans. The product that they require is non existent. There is a great opportunity to build the product according to US standards.
June 9, 2008
Is It Time For The Vultures to Swoop In?
Analysis of: Real Estate Woes of Banks Mount | online.wsj.com
Author: GLG Expert Contributor
The only surprising aspect of this front page Wall Street Journal article is that anyone was surprised by it. While the subprime write-offs, now north of $400 billion, will prove to be the largest, there is still plenty of pain to be felt among a whole host of lenders...and the WSJ article has only...
June 6, 2008
Las Vegas Brief
Analysis of: LAS VEGAS REAL ESTATE: As high-rises grow, sales slow | www.lvrj.com
Author: GLG Expert Contributor
Las Vegas has a limited water and hydroelectric supply.  An aerial view of the main supply of water in Lake Mead shows that the water level to be down to almost critical levels.  Unless the Colorado River receives a large quantity of water runoff from the mountains to the north, it will within...

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