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GLG News by Land Acquisition Experts (US)

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Paul BurnsDecember 10, 2007
Mexico’s resort developments show the U.S. economy affects the rest of the world
Analysis of: Decoupling' Debunked as U.S. Collapse Infects World (Update2) | www.bloomberg.com
Author: Paul Burns, Owner, City Investments
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...
Paul BurnsNovember 27, 2007
Phoenix is going back a fur piece according to the bloggers.
Analysis of: Commercial real estate outlook for 2008 | www.azcentral.com
Author: Paul Burns, Owner, City Investments
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...
Paul BurnsNovember 19, 2007
An update on Blackstone’s commercial real estate activity
Analysis of: Blackstone See’s Dip in Real Estate Revenue, Posts Loss For 3rd Quarter. | www.therealestatebloggers.com
Author: Paul Burns, Owner, City Investments
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...
Paul BurnsNovember 19, 2007
Yesterday’s hot homebuilding areas and what we can learn from what we see
Analysis of: Price slump eating away home equity | www.sacbee.com
Author: Paul Burns, Owner, City Investments
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...
November 19, 2007
A NEW PERSPECTIVE ON HOUSING DEMAND: The Next Las Vegas Boom
Analysis of: LOCAL HOUSING SHORTAGE AHEAD, REPORT PREDICTS | www.lvrj.com
Author: Steve Bottfeld, Principal, Marketing Solutions
     The NAHB has predicted that the real estate downturn will bottom in the first or second quarter of 2008. Several recent studies have indicated that the balance in housing “fundamentals” may be slowly returning to normal.        These studies...
Jim BelfioreNovember 13, 2007
Job Growth, 2008, and Phoenix Single-Family Demand
Analysis of: Mortgage Industry Needs More Layoffs, Analysts Say | www.azcentral.com
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
Phoenix metro area employment and population growth will slow in 2008.  Consequently, so will demand for new housing, but how much will it slow?  How do you forecast employment growth?
November 12, 2007
CAN YOU SPELL "ASSUME"?
Analysis of: A Bank Bet on Condos, but Buyers Want Out | www.nytimes.com
Author: Steve Bottfeld, Principal, Marketing Solutions
Mr. Burns makes two assumption errors in what is otherwise an outstanding analysis regarding the "near-future" of condominium development. His assumption regarding  attitudes towards HOA's is incorrect ... as is his statement that the Hi-Rise condo market in Las Vegas will succumb to the current...
Paul BurnsNovember 12, 2007
Here’s The Current Status of Retail Real Estate
Analysis of: Stores See Shoppers In Retreat | www.nytimes.com
Author: Paul Burns, Owner, City Investments
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...
Paul BurnsNovember 6, 2007
Where does Phoenix housing go from here?
Analysis of: Opportunities essential for drawing 'knowledge workers' | www.azcentral.com
Author: Paul Burns, Owner, City Investments
The U.S. is going to do a major portion of the thinking for the world, prepare its economic plans and source its finances if the country is to continue its primary world power status. Recent results indicate that the growing knowledge economies will feature a world class international airport and/or...
Jim BelfioreNovember 2, 2007
Credit Availability will Determine Future
Analysis of: Fresh Credit Worries Grip Markets | online.wsj.com
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
When making your determination on the future of the economy, how many units will be sold next year, or how many people will move to Phoenix, consider how banks have reacted to bad news this year; the statistics above; and how lenders may react to bad news next year.

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