Monthly Archives: September 2011

Sam Zell Doesn’t See The “Volume Opportunity”

Billionaire Sam Zell said he doesn’t see the “volume opportunity” to invest in distressed real estate that he’s witnessed in past property slumps as lenders extend troubled loans. Real estate markets may experience “measurable turmoil” in the next few years, pill Zell, chairman of Chicago-based Equity International, said today at a conference hosted...
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An Updated Real Estate Retail Report

A new survey by CB Richard Ellis shows that although U.S. retailers are generally more cautious about the current market environment, site 59 percent plan to expand their stores due to lower rental rates. CBRE’s second annual Shop Talk: A Retailer’s Perspective survey, order which was conducted during June and July...
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The Bi-Polar Housing Market

In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else. Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 - about what a buyer would have paid...
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Student Housing Goes Mainstream

Considering the overall economy is still shaky, pill the capital markets are funding a lot of student housing deals these days at quite aggressive rates and terms. With continued enrollment gains nationwide generally boosting rents and operating incomes at student housing properties, health the capital markets are...
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Westfield Still The King Of Shopping Malls

Westfield Group cemented its claim as a dominant shopping- mall owner on four continents on Tuesday, by opening its Westfield Stratford City shopping complex adjacent to the site of London's 2012 Olympic Games. The 1.9 million-square-foot project, touted by Westfield as Europe's largest urban mall, spans 250 stores, 70 restaurants, a casino, a movie theater, three...
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Never Lose Hope

Do you have a dream?  I do.  I dream to be successful in all that I do.  One thing that kept me going through the hard times was a desire to see something happen in my life that was great.  I would say that on many occasions holding onto hope was so very important and...
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Hold The Panic…Certain Office Markets Are Holding Up

34,000 Education and Health Services Jobs Stands as Sole Bright Spot in Tepid Month for Job Growth
U.S.-based employers went into the Labor Day weekend adding no new jobs in August, according to the U.S. Bureau of Labor Statistics. In addition, the number of persons employed part time for economic reasons (sometimes referred to as involuntary...
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The Rebuilding Of The World Trade Center- Developer Larry Silverstein

Larry Silverstein Just over 10 years ago, Larry Silverstein, president and CEO of Silverstein Properties, closed on the then-largest real estate transaction in the city's history: a $3.25 billion, 99-year leasehold on the Port Authority's 10.6 million-square-foot World Trade Center site. Seven weeks later, the buildings were destroyed in the...
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Freedom Isn’t Free….A Time To Remember

Thank you to Marc A. Thiessen. Freedom Isn't free...time to remember the more than 3,000 people killed on Osama bin Laden’s orders in the 9/11 attack, the attacks on our embassies in East Africa, the U.S.S. Cole and other acts of terror.
When I heard the news  earlier this year that U.S. Special Forces had killed Osama...
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