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GLG News by Senior Housing Real Estate Experts

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Dennis CisternaFebruary 26, 2008
No Bottoming Out Soon
Analysis of: Existing Home Sales Decline | biz.yahoo.com
Author: Dennis Cisterna, Principal, American Pacific Development
Unsold inventory is at an extremely high level, which will be increased significantly as mortgage foreclosures continue to ramp up through 2008.  The median home price has dropped only 4.6% year over year.  Even with historically low interest rates, the credit crunch will continue to suppress...
June 20, 2007
The Benefits of Manufactured Housing
Analysis of: Manufactured Housing | dribinhousingblog.typepad.com
Author: GLG Expert Contributor
Manufactured Housing is an Excellent Product 1.  The quality is as good if not better than site built housing 2.  It is more energy efficient 3.  It is significantly less expensive
May 3, 2007
Great Opportunities in Refinancing HUD 236 Projects
Analysis of: Great Opportunities in Refinancing Older HUD Projects | www.dribinhousingblog.typepad.com
Author: GLG Expert Contributor
Investors often shy away from government assisted housing due to fear of regulation and red tape.  There are excellent opportunities for investors in the refinancing and recapitalizing of older HUD projects.
April 23, 2007
Low Income Housing Tax Credits-Not as Good as They Could Be
Analysis of: Affordable Housings' Dirty Little Secret | www.dribinhousingblog.typepad.com
Author: GLG Expert Contributor
The Section 42 Low Income Housing Tax Credit Program has been the primary tool for the development of affordable housing since the mid 80s.  The program is not efficient, because much of the funding gets used for soft costs.  It is also not as effective as it could be because it does not serve...
April 18, 2007
Workforce Housing
Analysis of: Workforce Housing for St. Charles County Missouri | www.dribinhousingblog.typepad.com
Author: GLG Expert Contributor
It is becoming increasing difficult for hardworking Americans of average means to afford to buy a home.  Many of the reasons for this are the artificial restrictions placed on homebuilders by governments.  Those communities that effectively address this issue will benefit from a higher rate...

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