The Cognitive Computing Revolution

Robots are no longer a fantasy from a science fiction movie. Forms of cognitive computing have become part of every day professional life — and are increasingly visible. “Hubo,” the World Economic Forum’s first robot delegate, debuted in January 2016. Six of IBM’s “Watson” cognitive supercomputers work in the healthcare industry, giving healthcare professionals fast […]

London After Brexit

Editor’s Note: This article was written prior to the events of March 29, 2017, when Prime Minister Theresa May triggered Article 50. As a former imperial capital, London has had global significance for about 300 years, but over the last 30, it has seen particular success. Although its global roles as a financial center and […]

Housing in Argentina

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 […]

Growth vs. Sustainability: Can Tokyo Have It All?

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 […]

How Risks are Shifted Within the German Real Estate Market

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 […]

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Water in the West

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 […]

Public Trust: Toward Building a Park and Open Space Legacy

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 […]

It’s a “Small World”…with Big Economic Challenges

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 […]

Challenges and Opportunities Facing the Future of our Cities

Special Issue – Global Real Estate Published: Spring 2017 By George T. Vallone, CRE Photo: IM_photo/Shutterstock.com 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 […]

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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