Filed Wednesday, August 20. 2008
Some cities and regions are dying because they haven’t provided the right “platform” to attract and maintain new corporate endeavors. Cities and regions need to understand that their infrastructure can either attract or repulse new corporate facilities.
Filed Wednesday, July 23. 2008
There is a slow-moving, downward vortex starting to pick up speed in some commercial property markets and financial institutions. Several months ago, I posed a question that continues to hit home in the commercial real estate markets nationwide: Which property owners are sitting on commercial properties that are going to lose value in the vortex of property depreciation?
Filed Wednesday, July 2. 2008
There’s an exodus of tenants and the traditional real estate “experts” are befuddled. A couple weeks ago, I recently posed a question that has really hit home in the real estate arena: “Which property owners are sitting on commercial properties that are going to lose value in the vortex of property depreciation?”
Filed Thursday, June 19. 2008
The problems with the sub-prime rate mortgage market have seeped into other facets of the real estate market. What happened to all the experts on CNBC and other business channels who in 2007 said the mortgage and financial crisis was going to be limited to the sub-prime rate mortgages and those holding them? Their initial observation was that only a very small percentage of loans would be affected.
Filed Friday, May 16. 2008
If your commercial or residential building is lacking broadband connectivity, you might start seeing a lack of tenants. Broadband connectivity is one of the top three criteria for site-selection committees looking to locate corporate facilities.
Filed Friday, April 18. 2008
There needs to be ubiquitous state awakening to commit billions of dollars for major infrastructure endeavors like what we’re seeing in New York and New Jersey, James Carlini writes from the New York Palace in New York City.
Filed Wednesday, April 2. 2008
Within the commercial real estate markets, those commercial buildings that lack IQ will lose tenants and overall value over the next five years.
Filed Tuesday, April 1. 2008
Based on your experience, where is the economy? While some economists think we are doing well, that is based on what they read in charts and not what happens on the street.
Filed Monday, March 24. 2008
Which property owners are sitting on commercial properties that are going to lose value in the vortex of property depreciation?
Filed Wednesday, October 10. 2007
What needs to be done in order to bolster downtown Chicago and suburban office building leases? There is more economic fallout from the sub-prime mortgage market crash and other mortgage credit issues as real estate markets see an increase in vacancies at various office buildings. Crain’s Chicago Business recently ran an article that pointed out some of these trends in the suburban Chicago market.
Filed Thursday, August 23. 2007
Does anyone really know what’s going on? I have been analyzing the crumbling sub-prime mortgage markets along with some of the related hedge funds. I’ve been watching the experts and business analysts on CNBC for the last two weeks. It’s a much more complex issue than what some have defined it as (i.e. a “simple market correction” or a “tightening of the credit within the mortgage business”).
Filed Wednesday, August 8. 2007
Why are many commercial real estate developers still locked into selling office space like they did in the past? In their minds, space is the final frontier. Traditional amenities like air conditioning, parking and elevators are a given. There are a whole host of intelligent amenities that are now must-have requirements. Trying to lease space without these new amenities is like trying to sell a car without power steering or a radio. Options that were rare or even non-existent are now considered to be standard features by those who are looking for premium space.
Filed Wednesday, June 6. 2007
Are Chicago business journalists finally starting to understand the issues that generate foreclosures? Last week, Crain’s Chicago Business ran a story about the rise in foreclosures within the Chicagoland area. It’s good to see they pointed out something we uncovered and talked about six months ago. Though they focused on adjustable-rate mortgages (ARMs) being the cause for most of the defaults, it’s more complex than that.
Filed Saturday, May 12. 2007
Last week I attended the Killer App Expo for Municipal Broadband as a guest of the Graham Richard, mayor of Fort Wayne, Ind., who has been recognized with several awards for innovation and achievement in municipal government. He spoke about:
Filed Wednesday, April 11. 2007
When it comes to real estate acquisitions, many smart investors have turned to taking their money from the stock market and have invested it into REITs (Real Estate Investment Trusts). Some of these groups have provided 20 to 50 percent returns to their investors. These are great returns on investment, but are there any hidden time bombs lurking behind the marble facades and talking elevators?
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