CBRE Econometric Advisors released its assessment of where commercial real estate opportunities will be found in 2011. It is in the form of a slide-show and audio-cast, which you can see and listen to here. It is a discussion between Jim Costello, CBRE-EA’s Director of Investment Strategy, and Ray Torto, CBRE’s Global Chief Economist. Notes on what [...]
CB Richard Ellis CEO Brett White leads the largest and most successful commercial real estate firm in the world. What’s he now see in the economy and its effects on commercial real estate? Here’s a short interview published on Monday in The Washington Post. I liked his report. I bet you will too. By [...]
What’s the “missing link” in our recovering economy? Employment. What’s its effect on the value of commercial real estate? Employment equals demand. Demand equals value. Today, I present an analysis on this relationship and on the prognosis for its improvement, compliments of economist Arthur Jones of CBRE Econometric Advisors, an independent research firm owned by CB Richard [...]
I read a summary last week of what I’ve been witnessing and hearing about: commercial real estate is on the rebound. The summary was in the form of an article published June 9, 2010 in the Los Angeles Times entitled Worst May Be Over For Commercial Real Estate, by Roger Vincent. (Want to read it? [...]
Understatement: It’s been a difficult year economically. I don’t know anyone who has not been negatively affected by this stubborn economic recession. Yet, as with so much in life, mood matters. One’s outlook can really affect one’s capacity to act — to see and avoid threats (or at least mitigate the suffering), to accept and [...]
The economy is still topic #1 with most people. Most with whom I talk say they just don’t know how to think about it, so they feel all they can do is re-act . . . a situation they hate. They’d rather be able to pro-act. What’s a “V” recovery? Or a “U” one? And what’s the difference? Most [...]
