SubscribeAll Posts Tagged With: "commercial real estate"
Home Ownership: Do You Have The Courage To Buy Into This Housing Market?
Almost half of all American adults no longer believe that home ownership is a realistic way to build wealth.
That’s according to Gail Cunningham of the National Foundation for Credit Counseling, quoted in Barron’s this week.
Given that home ownership is a cornerstone in almost every wealth-building plan, this is astonishing. Even if the days of selling a house for an enormous profit are over, building equity in a home beats the pants off paying rent.
Of course, home ownership is not always better than renting, but in most cases, it still is. And even if home prices are flat, building a little bit…
2Jul2009 | Smart Profits Report | 1 comment | ContinuedThe Commercial Real Estate Fallout: Profiting From the Death of the Shopping Mall
On April 17, I wrote about the massive train wreck coming in commercial real estate.
As it turns out, my estimates of the coming devastation – which seemed outlandish to some at the time – have actually turned out to be too conservative.
The problem is far worse than anything that’s been reported so far, particularly when it comes to our icon of consumerism: the shopping mall.
With retail losses continuing to accelerate and vacancy rates skyrocketing, malls are going to be one of the biggest losers from the consumer spending slowdown…
Here’s why our shopping malls, and by extension the commercial real estate market,…
22Jun2009 | Investment U | 0 comments | ContinuedThe Next Trillion Dollar Tsunami of Bad Debt
NY Post
John Crudele
(snip)
Phillip F. Blumberg, chairman of Blumberg Capital Partners, thinks banks are really worried about the commercial real estate loans they issued during the orgasmic 2000s. That’s the reason, says Blumberg, banks are remaining conservative in their lending.
Credit cards may be bad but commercial real estate is worse.
"It’s absolutely frightening," says Blumberg, who adds that he sold most of his real estate holders before the bust.
And the most dangerous time for banks will be 2010 to 2013 when $1 trillion in commercial real estate loans will mature and — like homeowners before them — owners of commercial…
21May2009 | The Real Deal | 2 comments | ContinuedThe Retail Sector: Two Ways To Profit From America’s Empty Shopping Malls
While having lunch with my mother yesterday, she told me she’s never seen stores and malls so empty. And she should know – shopping is her favorite pastime.
But you don’t need the keen insights of Mrs. L. to know that the retail sector is struggling big-time. Many malls and shopping centers have more vacancies than they’ve ever had.
With unemployment headed towards the double-digits and the personal savings rate quadrupling since 2007, this is hardly surprising. There’s simply a lot less money sloshing around the retail sector.
And this is having a negative trickle-down effect on a couple of other sectors…
Commercial Real…
18May2009 | Smart Profits Report | 0 comments | ContinuedCommercial Real Estate Leaves An Awkward Taste
During the work day I usually keep CNBC on to see if the Talking Heads are doing something entertaining on any given day. Usually I keep the volume low or muted until a story or person of interest pops up. As the latter hours of the morning were coming to a close the CNBC “Real Estate Task Force” with Re/Max CEO Margaret Kelly and Charles Cohen from Cohen Brothers Realty popped up. I figured on my way out to lunch I would at least give this motley crew a few seconds of my time. I didn’t listen to the whole…
5Feb2009 | Oxbury Research | 0 comments | ContinuedDon’t Forget the Economics
Jan. 14 (Bloomberg) — Apple Inc. Chief Executive Officer Steve Jobs, who said this month that he is being treated for a nutritional ailment, will take a medical leave of absence through the end of June. The shares fell 10 percent.
Although I wish the best for Steve Jobs, I care very little about this whole Apple story. The reason I bring it up is due wholly to CNBC. They’ve covered this story, along with the Madoff, for a large portion of the day.
But the reason I wanted to talk about Apple today actually has to do with some of…
15Jan2009 | Oxbury Research | 0 comments | Continued
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