Monthly Archives: April 2011

Cushman & Wakefield CEO, James M. Underhill

In October, Cushman & Wakefield named Washington, D.C.-based James M. Underhill chief executive officer of the Americas, the company's largest operating region. The move is a significant shift for the company as the first time that any executive outside of Cushman's New York City power base has led the global...
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The Recovery Guessing Game

Now that the baseball season is upon us again, there it’s time to dust off one of my favorite questions from real estate conferences gone by. The question goes like this: “If the economy were a baseball game, link what inning would...
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Grubb & Ellis Update

Grubb & Ellis Co., one of the oldest commercial-real-estate brokerages in the U.S., was facing a bleak future in 1996 when Detroit real-estate investor C. Michael Kojaian rode to the rescue, helping to recapitalize it by buying a 5% stake. The company is on "a solid foundation," he...
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Adversity And Opportunity

While commercial real estate markets are not static, link  I’m always surprised by the number of  Real Estate pros who operate as if they were. As the landscape around them changes, rx rather than understanding and adapting to new market drivers, many just prefer to pretend as if it’s business as usual. It is...
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Real Estate Recovery Overview

Despite the fits and starts and multiple global and domestic headwinds  the economic recovery should continue this year and hopefully gain more momentum as bad news abates. A similar pattern exists for recovery of the nation’s commercial real estate market, ampoule only with different lag and lead times...
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REIT Time

Publicly traded real estate investment trusts (REITs) have been having a good run in recent years. New statistics from the Washington, seek D.C.-based National Association of Real Estate Investment Trusts (NAREIT) showed that equity REITs were up 7.5 percent in the first...
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Stay Positive My Friends And Be Yourself

You know the beer commercial that says "Stay Thirsty My Friends" I suggest a "Stay Positive My Friends"  mantra , it can be a difference maker. It has been very challenging for many of us  in real estate to stay positive and upbeat.  We have all complained about the banks, the market, etc.....but we should...
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Do You Practice Probability Brokerage?

“Which is a better listing? A) a $15M building for sale or B) a $5M building for sale? On the surface it would seem that the answer is clearly A. Probability brokerage is about looking deeper and doing a quick calculation to really understand each of these listings. Let’s make the...
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