opinion

Is it Time to Invest in Commercial Real Estate Yet?

Sep 15th, 2009 | By Doug | Category: comment, opinion, trends

According to this article on netgainrealestate.com, it might be.

Using historical statistics, the current climate can be dissected to some extent. Net Gain describes a recession as a manner of alleviating surplus. There have been 20 prior recessions since the start of the 20th century, all of which have made a full recovery. Statistics show that [...]



Should an Inexperienced Residential Agent be Selling Commercial Property?

Sep 10th, 2009 | By Doug | Category: how to, ideas, opinion

Well, isn’t that a loaded question and one that I’ve discussed before. Actually I came up the title for this piece after reading the following headline and question on Yahoo! Answers:
What is the process in writing an offer for a commercial property?
“I am a residential realtor. I have a client that wants to purchase a [...]



Invest Like Joe and Don’t Look Back

Aug 28th, 2009 | By Doug | Category: comment, editorial, opinion, trends

NYT – Inland Real Estate Dives Into Troubled Commercial Market
G. Joseph Cosenza, president of Inland Real Estate Acquisitions of Oak Brook, Illinois, is on the right track. At a time when the majority of property investors either have their heads in the sand waiting for the storm to blow out or are [...]



Are You the Tortoise or the Hare in Your Approach to Real Estate Investing?

Aug 27th, 2009 | By Doug | Category: how to, ideas, opinion

Do you have a plan in place to achieve commercial real estate success? Maybe you’re just spinning your wheels going from idea to idea without any clear direction or consistent actions to reach your goals. Do you even have clearly defined goals?
Reaching success, whatever that means to you, is only possible with consistent [...]



Commercial Real Estate Is NOT Collapsing

Aug 18th, 2009 | By Doug | Category: comment, opinion, trends

What’s causing the slow motion commercial real estate crash?
Definition of collapse:col-lapse[kuh-laps] verb, -lapsed, -laps-ing, noun–verb (used without object)
Number 1 definition: to fall or cave in; crumble suddenlye.g. “The roof collapsed and buried the crowd. “
Commercial real estate is not collapsing sounds like a crazy claim to make at this point in time, but I’m not [...]



Pessimism is Probably Good News for the Commercial Real Estate Business

Aug 4th, 2009 | By Doug | Category: opinion

Bad News is Good News article from seekingalpha.com
Anyone who reads this blog regularly is probably getting sick of hearing me say this, but here I go again: When everyone else is selling, you should be buying. When everyone else is in a state of immobility, especially after a major market shock like we’ve [...]



Why David Miller is Quite Possibly the Worst Toronto Mayor Ever

Jul 27th, 2009 | By Doug | Category: opinion, political

Toronto misses out on stimulus money. – Toronto Star, July 27, 2009
I used to wonder where Toronto got such a reputation as an egotistic city. The center of the known universe and all that. I mean, I know a lot of people from Toronto, and they aren’t that bad! Most of them [...]



Pricing Commercial Real Estate in Today’s Realty Reality

Jul 20th, 2009 | By Doug | Category: opinion

Is it just me, or is there a real sense in the marketplace that buyer’s feel that they should be getting blazing hot deals these days? I’m all for trying to get a good deal; after all, isn’t that what we get paid to do, negotiate deals that both parties feel are beneficial? [...]



Are You Ready for Some Good News?

Jul 3rd, 2009 | By Doug | Category: comment, opinion, review

Found via Sibdu.
Last week I wrote about the state of commercial real estate in the US and posted a video featuring Richard Lefrak. This week, another take on the situation in the US with a much more positive spin.
William Rudin, of Rudin Management, has a very upbeat and positive position as it relates to [...]



The State of Commercial Real Estate

Jun 25th, 2009 | By Doug | Category: comment, opinion

The commercial real estate industry is “in the intensive care unit,” according to real estate mogul Richard LeFrak, president of The LeFrak Organization.
This video was brought to my attention by my associate, Harry Huffman. Harry runs his own blog – take a look here.
Great talk about the state of the American commercial real estate [...]