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GLG News by Self Storage Experts

James Butler, C.F.A, Ph.D., President
Rigley Financial Corporation
Analysis of: Why Credit Unions Just Don't Get It. (credituniontimes.com)
Considering the current fall-out in Commercial Lending with the big banks (most of which were deservingly so), such as Wachovia, Chase, and Bank of America, the Credit Union field has such great opportunities to grow their market-share if they just decided to move into the 19th Century, instead of living...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: The Haunted Housing Market (www.usnews.com)
The Editor-In-Chief of U.S. News & World Report is torn between the development business and journalism.  Most often such divided efforts might result in mediocre results in both areas, but in this case Mr. Zuckerman has been outstandingly successful at both endeavors.  So his words to...
James Butler, C.F.A, Ph.D., President
Rigley Financial Corporation
Analysis of: Analysts give CIOs advice on weathering recession (www.infoworldmagazine.com)
The Economist recently described specific events that would lead one to believe that the U.S. Economy is already in the throws of a recession, yet the nay-sayers (including our illustrious President) state that there is still some signs of life negating this apparent event. I feel that like the 90's,...
Howard Liggett, President and CEO
Howard Liggett, President and CEO
Distressed Real Estate Consulting Services, Inc.
Analysis of: Existing Home Sales and Prices Fall in January (www.mortgagenewsdaily.com)
Now is the time for creative innovation within the public and private sectors.  It behooves the related industries of home construction,mortgage,and banking to uncover strategies that put in play will allow distressed homeowners to cut their payments and,at the same time, cut lender losses that...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Hedge Fund Manager Devaney Returns to Subprime After Yacht Sale (www.bloomberg.com)
The press is reporting on defaulted CDO’s and CMBS’ and Credit Default Swaps endlessly these days.  The referenced article is just one of the many occurring in almost every business paper and publication.  Now Michael Lewis has reported in the latest issue of Portfolio reports on the options-pricing...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: ULI Asks: 'Can Stand-Alone Malls Survive?' (www.globest.com)
Now a panel empowered by the U.L.I. has declared the old EMAC dead and the future of retailing to be provided in a planned environment housing not only retail but residents and the total commercial and industrial needs of the community.  Today that seems to mean that individual retail stores will...
Howard Liggett, President and CEO
Howard Liggett, President and CEO
Distressed Real Estate Consulting Services, Inc.
Analysis of: Events Build Florida's Capacity to Promote Community Vitality through Brownfields Redevelopment (www.enn.com)
For builders looking for a smooth landing spot amid today's softening market for new construction, it makes good dollar sense to examine the  green market opportunities available on existing office and commercial space.  The LEED (Leadership in Energy and Environmental Design) rating...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Preventing a Panic (www.usnews.com)
The Editorial referenced presents a picture of treasury risk that is not understood and therefore not ratable at this time. The combination of insurance underwriting failures and leverage and ultimate liability, however, at the worst threatens to bust institutions holding portfolios when the losses...
Paul Burns, Owner
Paul Burns, Owner
City Investments
February 4, 2008
The Mall is in free-fall
Analysis of: Birth, Death and Shopping (www.economist.com)
 The modern mall is a creature that is usually now 35 or so years old.  The birth and evolution of the industry is chronicled in the featured article.  Originally some 1600 strong, the breed now numbers say 1100 and will diminish further as the next era evolves.
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Home Affordability (www.marketwatch.com)
The featured commentary notes that even as home prices across the nation implode, affordability ratios are not moving in favor of the consumer.  Wages are lagging the increase in household budget items such as utility costs, food, transportation, gasoline and heating oil, communications services...

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