GLG News by Self Storage Experts

News reports continue to show that buyers during the real estate boom didn't attempt to understand the fundamentals.  Analysis of  the growing supply and the price competition to follow were absent from the buying decision.  Speculators now own a massive supply of hotel rooms, apartments...

Dillard's has grown, though not necessarily thrived, over the years, largely through acquisitions. The acquired companies and stores were a mixed bag of good and mediocre players; Dillard's became a real melting pot and the diverse roots are still evident in the stores today. The stores are sometimes...

The economy of the western United States has been thought to have underpinnings that are too solid to be affected by recessions. Among these economic undertakings are the gaming and tourism facilities of Las Vegas. This assumption looks to be shaky as set forth in the subject article. &nb...

JC Penney (JCP), currently struggling, along with so many of its competitors, has been working hard to differentiate itself as a dominant player. The recent appointment of Ken Hicks to the JCP Board of Directors is a significant move to reward and retain an unusually talented retail executive. Hicks...

 The article shows what’s on the local mind as families in this average man’s town try to get from paycheck to paycheck.  Not surprisingly, the British grocer, Tesco, has called a 90 day moratorium to its aggressive market entry and store opening program in Arizona, California and Nevada. ...

Consider: “a lot of the financial system looks like it’s going to shrivel up and have to be rebuilt”; “it’s clear that we’re going to have a commercial real estate crash not too far short of the severity of the housing crash”; “the only good thing we have going for the U.S. economy now is the weak dollar...

This material is an easy reading two pages that proposes government programs that will take at least ten years to effect.  We haven’t begun to set up a government program as proposed and won’t in this lame duck administration.  So by the time the next government in Washington gets out of first...

There are several reasons to consider the student housing and dormitory construction market as niche real estate investments that will continue to prosper despite the downturn we are currently experiencing.  First,there is a real shortage of dormitory space at both public and privately run campuses...

The subject article chronicles the downward trend in retail sales and consumerism that was shown in the less than stellar Holiday season just past.  Other media have recently questioned the strength of the fashion sector as indicated by the recent closings in LRTW.

It’s preposterous to think that our real estate, homebuilding and home lending industries could with government approval in the last ten years have created the losses which threaten to upset the entire financial system of this county in a manner which may eclipse the thirties.