In 2015, Argentina had a gross domestic product (GDP) of U.S. $586 billion.[1] It is the third largest economy in Latin America and among the largest in Emerging Markets.[2] In accordance with the latest census (2010), it has a population of 40 million. Argentina has abundant natural resources in energy and agriculture. In its territory […]
A strong economy or a stable lifestyle: Which scenario is preferable? I. INTRODUCTION I grew up in the 1950s and 60s when the Japanese economy was experiencing a strong growth. Everybody in Japan believed that tomorrow would be better than today as long as we worked hard. Dr. Ezra Feivel Vogel published a book titled […]
Wall of Equity and Debt The current interest rate environment in the European Union (EU) creates the following situation, which can be described best as a “wall of equity meets a wall of debt”: Real estate projects, which could not have been realized/financed several years ago, are financed today using favorably priced equity, hybrid and/or […]
Special Issue – Global Real Estate Published: Spring 2017 By Robert E. Dietrich, CRE Driving through my neighborhood in Southern California, I see a different landscape than when I moved in a little more than a year ago. In my gated community, there once was an almost cult-like grooming of yards with massive green carpets […]
Spring 2017, Special Issue – Global Real Estate By Cassandra J. Francis, CRE Interest in, and use of, the Public Trust Doctrine has reached unprecedented levels recently in response to the growing threat that urban growth poses for parks and open spaces. The Public Trust Doctrine forces governments holding land assets in trust on behalf of […]
Special Issue – Global Real Estate Published: Spring 2017 By K.C. Conway, CRE One need only reflect upon the headlines of late regarding Brexit, Trans-Pacific-Partnership (TPP), Hanjin shipping bankruptcy, and slowing GDP growth to realize that all is not harmonious in the global economy. The common threads that run through these headlines — as well […]
I met my business partner Dan Gans in 1972 when we were both freshman at Gettysburg College. One year after graduating, we decided to start a development business together. After studying the entire New York Metropolitan area for three years as we completed our post-graduate studies, we came to the conclusion that Hoboken would be […]
Book by: Hugh F. Kelly, Ph.D., CRE (© 2016, Routeledge; 326 Pages) Hugh Kelly reminds us in more than one place in 24 Hour Cities that “a list of ingredients does not constitute a recipe.” In his book, Kelly offers us a full-flavored, sit-down, multi-course meal of form and function, detail and design, ebb and […]
Special Issue – Global Real Estate Published: Spring 2017 Resource Review of The Human City: Urbanism for the Rest of Us by Joel Kotkin (© 2016, Agate B2; 304 Pages) Reviewed by Roy J. Schneiderman, CRE Joel Kotkin is a significant persona and one of the more prolific writers on the non-politically correct side of the “urbanism” […]
The Impact of Submarket Trends on Property Performance I. Introduction Location matters for how commercial real estate will perform over time. This statement will seem painfully obvious to industry practitioners, who may argue that (aside from timing and luck) location is the only thing that matters. However, in an age where capital flows across […]
The Counselors of Real Estate®, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide expert, objective advice on complex real property situations and land-related matters. Membership is selective, extended by invitation only. The organization’s CRE® (Counselor of Real Estate) credential is granted to all members in recognition of superior problem solving ability in various areas of real estate counseling. For more information, contact The Counselors of Real Estate