One of the primarily keys to a robust commercial real estate market, beside lenders willing to lend, is job growth. Everything being equal, a robust employment market will equal a thriving [...]
And now, back to the news: NAR reports that the commercial real estate market is recovering far faster than many of us thought it would. I’ve sure seen antidotal evidence of this. I have [...]
Mark Heschmeyer at CoStar News discusses exactly what I’m running into out there in the recovering commercial real estate market and that is rapidly dwindling supply of something good to sell. [...]
CMBS activity is way up with $6.5 billion in new securitization coming to the market in the last few weeks. The activity to date in February is 2/3rds of the total CMBS deals offered for all of [...]
There’s lots of mildly positive news here. It’s been about three years since I’ve been able to say that. In previous posts, I think I’ve covered thoroughly the positive impact that the election [...]
The President, on Monday, signed into law the Small Business Jobs Act of 2010. The bill, which Congress passed last week, expands loan programs through the U.S. Small Business Administration [...]
Can November get here soon enough? “But the cost of that paper trail could swamp the small companies, sole proprietors freelancers forced to generate it. Pennsylvania business networking [...]
This is the 800 pound gorilla in the corner, and not only a big risk to CRE valuations for years to come, but to the economy in general. Let’s hope that this is not an aberration, but a trend [...]
Ok, no more news for a moment, good or bad – And no better way to do it than a car show and a good one at that! Time for a recap of Sunday’s Concours on Rodeo in Beverly Hills. I [...]
This shouldn’t come as much of a surprise as this has been in the works for a while. Califonia passed the nation’s first mandatory green-building code today that requires new [...]
Although not directly related to real estate, this piece from the LA Times, Sunday business section, is still of interest and relevant. Plus, it is predicted to have quite an impact on future [...]
At the the link is a ‘simplified’ overview of the California One Action and Anti Deficiency law authored by Alan Martin at Sheppard Mullin. Some of the major points made in the [...]
True, the primary topic of my blog was supposed to be commercial real estate, but since everyone lives somewhere, there are topics of interest concerning residential. The big one right now is [...]
For any reader that is a bit unfamiliar with LEEDS and who/what they are and maybe some history, a good quick answer is available courtesy of Wikipedia. The Leadership in Energy and Environmental [...]
CoStar Group — a commercial MLS, published a good piece on LEEDs credentialing. I thought that many of you developers and contractors would be interested in reading it. This isn’t [...]
HVCC Effective May 1, 2009 Promotes the accuracy of appraisals by shielding them from undue influence, and ensuring that borrowers have sufficient notice of appraisal content by requiring that [...]