GLG News by Land Banking Experts (US)

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 Orlando market, which is generally considered to encompass the counties of Orange, Seminole, Lake, Osceola and Polk has experienced declining sales since mid (in most counties) 2006. While the most overbuilt areas, near the tourist attractions in Polk and Osceola counties, countinue to decline,...

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...

The rate-freeze approved and being implemented by the government is not nearly the answer to the problems facing the Mortgage Industry, or the Financial District as a whole. The problem is systemic, and the solution is only one of a bitter pill to swallow.

Will the abandonment of mortgage defaulted properties create opportunites for tax debt investors? What innovations may be on the horizon to address the anticipated loss of property tax revenue to the nation's cities & counties?  Will tax certificate sales become the method of choice for recovering...

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...

The idea of having politicians involved in the solution of any problem of economics is,admittedly,frightening.  However,congrats and kudos are in order for those members of the Florida Legislature which crafted the concept of real estate tax "portability" and,further,put forth the idea...

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...