GLG News by Self Storage Experts

The news here is that the chickens are coming to roost in one of the largest misapplications of capital yet.  Commercial real estate is overdone in most every sector and market and the banks of this country are among the culprits.  Ratios of three and more times capital lead to predictions...

I have been a consultant to major construction lenders for over ten years.  In this time I have averaged three property conditiion assessment or pre-project review assignments per month.  In 2008, I have received less than one assignment per month.  The firms that I consult with have...

Promote Malaysian property to the World A new retirement haven Government backing

Centro has bought a large portion of their portfolio on the basis of "re-positioning". These centers still have not reach their zenith yet and unfortunately the benefactor will be the eventual owner. It would have been in Centro's interest to bring in a JV partner rather than sell outright. Despite...

As it turns out, gun dealers in Phoenix are supplying some/a bunch of the weapons which are being used in the drug wars below the Mexican border.  The Mexican Cartels send $ 15 Billion drugs to the U.S. and transports $ 10 Billion cash back to Mexico over the border.  As the article also tells...

The Peter G. Peterson foundation will confront the dangers of America’s $ 9.5 Trillion national debt.  The article quotes Peterson as saying “Over time, taxes would have to double to pay for the debt and that's unthinkable''. 

July 1 marked the beginning of a new fiscal year for most states and about one third of local governments, and, as a result of declining economic conditions, ushered in a period of cutback management and difficult decision making for many state and local leaders. Reduce taxes,reduce spending is the...

Changes to housing, autos, urban planning, public transportation, carpooling, consumer goods and retailing, manufacturing, restaurants, agriculture, mining and utility providers are coming.  There will be suppliers close to the ultimate user, zero or virtual mobility for workers and local vacations...

The public is now going to be asked to support the housing mania of the 1st years of this century with tax look-backs to previous profits, with extended activity by the quasi-public lenders, Freddie Mac and Fannie Mae, and with government backing for loans written down to 85% of the new appraisal. ...

This article notes the recent statement building financing of financial institutions and concludes its opening remarks with “I don’t know, you don’t know, and they don’t know”.  The article states the assumptions of current bank recapitalizations and in particular recaps the Bear Stearns acquisition. ...