GLG News by Infrastructure Construction Experts (North America)

The time has arrived for the U.S. to pay the bill for illiquidity or rather the excesses of the last eight years of Republican economics. The prediction made in the article is for worse times than generally expected sooner than anticipated. The CMBS market is a dead issue right now with $...

Here’s an example of a conversion from an older hotel property in an OK but not great location losing its momentum. The per unit cost of the renovation will prevent a reasonable return from being realized for the current owners. The only investment hope will come after the monetization of losses...

The financial basket includes the REIT’s and REOC’s and Homebuilders and Mortgage Lenders and Realtors we’ve funded so generously that overexpansion and speculation was the business rather than the production and operation of real estate.

Commercial real estate is a business of opportunity, and opportunity comes at its own pace. 

This article has the tenor of many articles written about the housing industry in say 2004. The initial tremors in the market are dismissed as a minor and temporary event to be followed by a steady rise thereafter.

The Mexico resort/retirement/second home industry is suffering as buyers from the U.S. are on the sidelines. Some thirty Baja California and Sea of Cortez developments in planning are predicted to stall on the boards in the coming period. Prices have escalated at 15% annually in recent years, but no...

I like the content of this article except that I believe the suffering will be greater than depicted by the pros for apartments, office buildings and warehousing (the biggest part of the current industrial construction). In addition, I have been hearing for the current development cycle that the shopping...

Blackstone has made the biggest bets in the history of commercial real estate and, now that they have gone public, we all get to see the results in greater detail. As to the Equity Office portfolio purchased from Sam Zell, the initial sales in the major markets have been consummated and the balance...

Sacramento is a unique large metro area tied to Northern California Bay Area’s coastal communities by commuting distances and to California’s Central Valley by it’s location n the northern portion of that 500 mile long N/S by 100 mile E/W area. The Bay Area is the home of Silicon alley with its world...

This Christmas season is bringing a historically earlier opening of the holiday season promotional effort. The major retailers are doing everything they can to catch the shopper early through pricing wars and heavy marketing. Each wants to get a leg up on consumer shopping urges and capture the second...