Council Members in this Study Group: 49
This study group may include experts knowledgeable on topics in real estate including: commercial property, residential property, corporate real estate, construction, design, contracting, real estate investment, real estate investment trusts, and residential and commercial real estate brokerages, among others.
Leading institutions connect with members of this Study Group through GLG
Senior Vice President
GRUBB & ELLIS COMPANY ![]()
Joseph Gabbaian is a Senior Vice President at Grubb & Ellis. Mr. Gabbaian has established himself as an expert in commercial real estate investments in the southern California market with an emphasis on the West Los Angeles/Santa Monica market through a solid track record in representing buyers, sellers,...
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Rental rates follow job market
February 17, 2009
A Month Free? Rents Are Falling Fast | www.nytimes.com
Rents received are a directly proportional to job market strength. As jobs soften, so do rents and vice versa. In this market, renters are finding roommates or returning to live with family/friends to reduce costs and expenses.
Real Estate Downturn Finally Arrives in West Los Angeles
January 13, 2009
Joseph Gabbaian, Senior Vice President, GRUBB & ELLIS COMPANY
As Vacant Office Space Grows, So Does Lenders’ Crisis | www.nytimes.com
- The West Los Angeles commercial real estate market, once considered bullet-proof due to its strong fundamentals, is hit hard by the recession. - The Westside market experiences its first negative absorption in five years, and rental rates, which had gone up in the face of declining absorption, drop...
January 9, 2009
All tunnel, no light | www.property-report.com
Job losses continue to escalate
My investments are safe with Institutional investors- So you think!
November 21, 2008
DBSI Failure Shows Spread of Turmoil in Real Estate | online.wsj.com
It is critically important to understand the fundamentals of the investment strategy before you commit your money. There are super sales people who can convince a drowning person to buy more water- unfortunately those same sales persons are interested in collecting their fee and little else. By understanding...
May 9, 2008
Bulletproof housing markets get hit | money.cnn.com
The subprime pipeline has a ways to go. Very much like a virus infects humans- it must run it's course. In 2002 the rebirth of the subprime mortgage began to prevent our economy from dipping into recession. In 2007, the market shows the first short sales and foreclosures. The 125% rule of negativeamortizing...