Council Members in this Study Group: 115
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
Dennis CisternaVice President of Acquisitions
Broberg Capital![]()
Dennis Cisterna is the Vice President of Acquisitions at Broberg Capital, a real estate investment firm focused on distressed opportunities in the United States. Mr. Cisterna was previously a Principal with American Pacific Development and a Land Acquisition...
Consultant
Independent Consultant- John Ryan![]()
John "Jerry" Ryan is an independent consultant. Mr. Ryan was most recently Vice President of Acquisitions at Aviv Asset Management. Aviv has one of the largest privately held portfolios of triple-net leased skilled nursing facilities in the United States....
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
February 26, 2008
Existing Home Sales Decline | biz.yahoo.com
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 demand.