Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
German Investment Firms buying US properties at Discounted Prices
October 31, 2009
German Firms Scour U.S. for Deals | online.wsj.com
Deka an asset manager for German banks operates the country’s largest of open-ended property funds of around $28.24 B in property assets. In September, Deka bought a 12-story building in Washington, D.C., for $208 m at the top end of prime office space in the capital. Other German buyers of U.S....
October 29, 2009
Uncle Sam Adds 5% to Prices of Homes, Goldman Says | blogs.wsj.com
Government intervention eliminates the "Free-Market" concept.This is politics as usual...kicking the can down the road.Pres. Obama is not bringing about change(I am not against him).Cash for clunkers applied to home purchase will not fix the problem.
October 23, 2009
In India, Property Stocks Act Like Tech | online.wsj.com
Customs and Practice define the rules of Real estate.Real estate is/has been real business since the Jurassic Age but Tech is recent.
If Borders Can't Make It Here, They Can't Make It Anywhere
October 14, 2009
Borders Renews Lease At 830 North Michigan Ave. | www.chicagorealestatedaily.com
Borders flagship Chicago store has long been rumored to be in trouble and not likely to exercise its' renewal option. It now has renewed but only for one year.
Market Inertia caused by Capital Unavailability
October 13, 2009
Experts Probe Capital, Distressed Assets Outlook | www.globest.com
Banks are still not performing.Capital needs to flow more freelyMarkets will continue to depress
There is a bull in the Boston office market--in fact there are many
October 7, 2009
Boston Properties Sells $700M In Notes | www.bankerandtradesman.com
The announcement by Boston Properties of its sale of $700 million in notes, and the specific announcement by Doug Linde that the company expects "opportunities" is evidence not only of the recovery in the Boston office market but is the clearest statement yet that there is ample money awaiting so-called...
Tax Lien Certificates Offer Stability During Unstable Times
October 1, 2009
Tax Bills Put Pressure on Struggling Homeowners | www.nytimes.com
Present estimates of unpaid property taxes in the United States place the figure as high as $15 billion annually. The choices available to government officials for remedying this shortfall are limited. Counties and cities could increase the tax rate,borrow (maybe) the necessary capital,reduce services...
Multifamily Becomes Multiple Choice in the North Hollywood, LA Submarket
October 1, 2009
Apartment Know-How in NoHo? | online.wsj.com
The Wall Street Journal report, by Maura Webber Sadovi, published on September 30, 2009 highlights what has become an increasingly common occurrence, the decline in property values over the past several years. The example used, a 438 unit deal in North Hollywood was almost sold for more than $140 million....
Resort Real Estate & Recovery Speed: What Comes Back Quickest?
September 30, 2009
Resort Real Estate: Preparing for the Recovery | www.hvs.com
In the current crisis it seems that just about all resort real estate segments—hotels; condo hotels; fractional and wholly-owned residential—have fallen equally far and equally fast. In fact, not all resort real estate segments fell as fast or far, nor, accordingly, will they recover at equal speed...
Reality always trumps hyperbole
September 30, 2009
Stocks waver on housing, consumer confidence data | www.wtop.com
Housing will continue to slide.Consumers are tapped out.What do we expect?
At Best, an Incremental Step In the Right Direction
November 6, 2009
The Current Real Estate Downturn is Different
November 4, 2009
Irish Commercial Real Estate - What is the Natural Vacancy Rate?
November 4, 2009
We know why Geithner isn't Worried about the Banks problems with CRE Credit
November 2, 2009
Let’s put numbers to reduced housing prices
June 4, 2007
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