Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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?
September 24, 2009
Savvy Retailers Snatch Leases Out Of Other Chains Bankruptcies | www.printthis.clickability.com
This article presents a common industry practice as being newsworthy and in the process, gets it all wrong. The practice of retailers taking over other failed retailer's locations has been going on since time immemorial. I guess it was a slow news day.
FDIC to create value "mark" by selling Corus portfolio
September 24, 2009
Corus Auction Promises Property 'Mark' | online.wsj.com
The FDIC is poised to sell approximately $5 billion in condominium loans and other property held by the failed Corus Bank. The winning investor will have the ability to acquire a high quality condo portfolio at a significant discount. This is the largest bulk sale of commercial property assets since...
Title insurance in Thailand and other Asian destinations
September 22, 2009
Title insurance in Thailand | forbeslebrock.com
Up until recent times, the concept of private or individual land ownership was practically unheard of. In the ‘Middle Ages’ it was only the kings, Lords and the privileged few that were able to proclaim ownership to lands that had been conquered.
Investors Are Finally Dealing With The Real Seller of Troubled Assets
September 19, 2009
FDIC Packages Loans From Failed Banks | www.washingtonpost.com
The FDIC has rediscovered a program they used in the early 90s that was successful in the resolution of problem assets. My analysis takes a closer look at why the program is necessary, the details of the program, and the implications of setting the program in motion.
September 18, 2009
Blockbuster To Shutter 40% Of Stores | online.wsj.com
Only two days ago I reported that Blockbuster announced it was closing 1000 stores. It has now revised that number to 1500 or 40% of their total. What does this sudden increase say about their chances for survival?
Dear Bankers of America: Welcome to the Hotel Business
September 17, 2009
Hotels Deliver Some 'Jingle Mail' | online.wsj.com
When America’s bankers open the mail these days, they’re often finding “hotel jingle mail,” the proverbial keys to hotels that owners have walked on. Combine these forfeited hotels with foreclosed hotels and bankers are now among America’s biggest hotel owners. What do bankers need to know in order...
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