GLG News by Modular Space Experts

The news surrounding the subprime mortgage industry,particularly that focusing upon improperly managed portfolios that has led some companies into bankruptcy or forced sales of their assets, points to the importance of prepurchase due diligence for any entity considering such a bulk purchase...

The San Diego Tribune story points out what many of us in the distressed real estate market have seen coming since the late fall of 2006---The recast of hybrid ARM loans decidedly upward;a surge in NODS filed by mortgagees across the nation;stricter credit controls issued in response to the defaults; ...

While many developers have avoided brownfields because of the necessary environmental clean-up and liability risks, these sites are prime real estate redevelopment opportunities. Available funding and insurance that reduces the risk of lawsuits and cost overruns are making revitalization of these blighted...

A twenty percent (20%) ROI is still considered strong by most portfolio managers.  Jeff Opdyke's WSJ article is on point to wisely caution investors about a sudden exodus from real estate.  Opportunities abound for investors willing to consider alternative routes to their desired...

The market is heading for the basement. The market is dead, because of greedy builders. Miami has over 71,000 condos for sale. 3 years ago prices were normal. Greedy builders decided to double the prices and build, build and build. Buyers’ incomes did not go up. So, we have a Bomb in Miami. No one is...

Low interest rates and quite reasonable market prices compared to almost all other Western European countries, thus excellent return of investment to be expected, makes residential and also commercial real estate investment in Germany especially in the main conurbation areas and even in b-locations,...

The Sunshine State exodus of families with children depicted in the Wall Street Journal article is reflected starkly in Florida’s 2006-2007 public school enrollment figures. Statewide, 48,400 new students were expected in 2006-2007, but only 477 showed up. South Florida public schools saw 15,000 fewer...

The Investors’ Business Daily article by David Devoss accurately notes that condominium conversions are on the wane. Many apartment owners have made the decision to either not move forward with the legal reclassification of condominium; or, in many instances, to actually revert the status of their units...

 "One man's misery is another man's good fortune." This maxim from a 20th Century agronomist lamenting the Oklahoma drought of the 1930's continues to hold true today.  Les Christies' January 17, 2007 piece for CNNMoney.com places blame for the dramatic rise in mortgage foreclosures...