I am back from moderating an all-star panel discussion at the Apartment Finance Today Conference in Fort Lauderdale, FL. Our topic: “Small but Mighty: Finding the Best Small-Balance Apartment Loan” was well received by a full house of real estate Read More
Category: Real Estate
Hometown Democracy? Sounds great in theory… who doesn't like Democracy? Until you learn more…
And you learn that Hometown Democracy shifts many of the planning and zoning decisions from professionals that have spent a career working through the critical issues to all the voters. America was not founded as a Democracy with majority rule Read More
Is Warren Buffet's entry into distressed real estate the sign we have been looking for that it is safe to jump back in the water?
Not really. While there is frothy excitement in social media circles that Warren Buffet’s holding company, Berkshire Hathaway Inc., is mentioned in the same sentence as “distressed real estate” his firm is a special servicer, not a buyer of distressed Read More
How I Built It: Barry Sternlicht of Starwood Capital
Follow this link to view an inspirational 4-minute interview with Barry Sternlicht, the founder of Starwood Capital, to learn what motivated a then 31-year old unemployed young man to take the leap of faith and start his own business. From Read More
Bank cleanup delayed: Where are all those fish that were supposed to be in the barrel?
Earlier this year, commercial real estate had all the hallmarks of a distressed asset sale of the millennium. Across America, hundreds of billions of dollars’ worth of office buildings, hotels, apartment complexes and malls were tanked up with debt and Read More
Anything but .01%… The Case for Commercial Real Estate Investment
I’m not so much concerned about the return on my money as the return of my money. – Will Rogers, 1933 Billionaire Bill Gross of PIMCO makes the case for an alternative to money market accounts in his December newsletter. Read More
Multifamily Economist: The Worst Is Over
Nadji Mfe2009 View more presentations from bthompson. [slideshare id=2212297&doc=nadjimfe2009-091013152016-phpapp02] This 20-slide presentation was prepared by Hessam Nadji, managing director of research services at Marcus & Millichap for the recent Multifamily Executive Conference in Las Vegas. Nadji has indicated that the housing Read More
CMBS Volume down 99.99% and cap rates only up slightly, huh?
BLOGGER COMMENT: For more stats download the file labeled “CMSA-Compendium” from the box.net widget on this blog. You may also want to see the graph detailing the 99.99% plunge in CMBS volume from my October 6, 2009 blog entry. Read More
Barbara Corcoran's Top 10 Markets in the U.S. to Buy A Home: #1 Sarasota & #6 St. Pete
View 5m 55sec video interview of Barbara Corcoran on The Today Show selecting Sarasota as the #1 and St. Petersburg as the #6 turnaround residential markets in the USA. God Bless America!! http://www.bisonfinancial.com/resources/top10.htm Read More
Florida Land Development and Traffic Concurrency
By David Repka I’ve written in previous posts about the recent changes to the growth management laws that have eliminated traffic concurrency from every real estate developer’s worst nightmares (we think!). Today I received a newsletter from a local land Read More