12th March 2009
I spent several hours recently reading blogs, magazine and newsprint articles written by some of the country's top economists. I was trying to get a sense of where the U.S. economy is headed and gain some sort of insight as to when things might get back ...
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16th January 2009
On more than one occasion I've mentioned Sam Zell, the real estate billionaire and organizer of the original real estate "vulture fund" (now known by the politically correct term "opportunity fund") of the early ‘90s. When commercial property turned so...
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09th January 2009
We think of liquid assets as something we can quickly and easily convert into cash, like stocks and bonds. With what's been happening to investor portfolios lately, including IRA and 401k retirement funds, here's something to think about:
· If you had...
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09th January 2009
Baseball great Yogi Berra's famous quote certainly applies to today's real estate market. In the late 1980's and early 90's, the U.S. experienced a devastating downturn in the commercial real estate market. It lasted over five years and, although many inv...
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09th January 2009
The trouble with gloom and doom is that when you're surrounded by it, that's all you can see. While most economists don't predict a depression, the prevailing thought is that we're in for a very bad recession with lots more foreclosures, job losses and ma...
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09th January 2009
I often get questions from potential investors about the basic functions of a mortgage fund (aka a mortgage pool). Therefore, I've decided to write about mortgage pools in general to clear up any misconceptions.
Mortgage pools are securities that are r...
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09th January 2009
The recent whipsaw gyrations of stock markets worldwide have kept many an investor on pins and needles lately. Since the beginning of 2008, the US stock market has shed over 40% of its value, with trillions of dollars being lost. IRA and 401k investors ar...
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09th January 2009
Like any business, real estate is subject to certain market forces that affect values. The life-blood of commercial real estate is affordable financing for the acquisition, development, redevelopment and refinancing of improved properties. The availabilit...
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