Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Australian Agriculture Opportunities Awakening.
August 29, 2009
Great Southern receivers sell cattle station | www.investordaily.com.au
1. Australian agriculture has shown to create opportunities for foreign investors to move into a solid and equitable enterprise following the Global Financial Crisis (GFC).2. Agricultural and Pastoral land in Australia is relatively cheap by world standards.
The Timing Could Be Right for Asian Investment in Residential US Land Markets
August 14, 2009
Chinese developers looking for land in Oz and US | www.propertywire.com
The overall residential housing market in the United States has been in severe decline since 2006 and related land prices have taken an even greater hit. This is particularly true for key markets like California, Florida, Las Vegas and Phoenix. So here is the good news. In recent months, many of the...
Submarket Analysis Helps With Great Decisions
August 4, 2009
June home sales are highest in King County since Oct. 2007 | seattletimes.nwsource.com
Today, it’s important to understand housing at a submarket level. There is a shift in the mix of buyers. Investors need to understand the nuances at a more granular level in order to make smart decisions. Fewer distressed and entry-level sales are taking place in Seattle. This same shift is takingplace...
Fairness and Equity take precedence over the need for Speed and Action.
December 4, 2008
Landsource Seeks Quick Land Sale Process | www.bigbuilderonline.com
The article points to the need for a more streamlined process, but also the need to retain and reinforce STANDARDS OF CONDUCT and PROCESSES which are transparent, open to all, “rules of the game” are known and enforced, and accountability is present. Otherwise, the pitfalls of the absence of thosestandards...
October 13, 2008
Cheaper Land Sparks Free-For-All in Some Markets | www.builderonline.com
A few years ago was a great time to sell, now is a reasonable time to buy. Prices may go down some more. Nor will they go up again right away. Low land prices will at some point allow somewhat lower cost new homes. When the cheap land is all developed there will be some sort of squeeze.
September 15, 2008
Yale’s Shiller: U.S. Housing Slump May Exceed Great Depression | blogs.wsj.com
Comments to a recent article I wrote, “Defining Value and the Risk of Delay,” have encouraged me to follow-up with this piece. Alan Greenspan uttered the words “irrational exuberance” in 1996 when referring to the stock market bubble that ultimately didn’t reverse until several years later, but itwas...
September 15, 2008
Yale’s Shiller: U.S. Housing Slump May Exceed Great Depression | blogs.wsj.com
Comments to a recent article I wrote, “Defining Value and the Risk of Delay,” have encouraged me to follow-up with this piece. Alan Greenspan uttered the words “irrational exuberance” in 1996 when referring to the stock market bubble that ultimately didn’t reverse until several years later, but...
Defining Value and the Risk of Delay
September 12, 2008
Yale’s Shiller: U.S. Housing Slump May Exceed Great Depression | blogs.wsj.com
Residential real estate lenders, property owners, and potential investors are seeing that current land values have in fact drop to levels that could be 60% below their highs in 2006. Community developments and lot prices have shown the most obvious excesses and value collapses. When you...
July 4, 2008
Unfinished subdivisions grinding to a halt | www.azcentral.com
This article is right on the money as the developers who leveraged all their financing on selling the whole community got caught in a down turned market. I don't think communities will become "ghost towns" as this will be an opportunity for large developers to buy at a reduced price.
Developed Lot/Land Foreclosures Rising Rapidly, Banks Struggle for a Strategy
July 3, 2008
Unfinished subdivisions grinding to a halt | www.azcentral.com
While banks are selling foreclosed homes in the Atlanta market for close to 90% of the loan amount, their vacant lots and land are not selling at all. Builders and developers that have been paying interest for months are running out (or have run out) of cash. Banks are struggling to find...
Excess money is on the sidelines for commercial real estate
November 20, 2009
Is This Mr. Lampert's 8th or 9th Life?
November 19, 2009
A Happy Thanksgiving for Las Vegas
November 18, 2009
Current Construction Activities in FL
November 16, 2009
Commercial Real Estate Impact on Economy Understated
November 16, 2009
www.theglobeandmail.com
www.wtop.com
retailtrafficmag.com
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say
www.wtop.com
www.washingtonpost.com