Archive for November, 2010
QE2 and its Impact on Commercial Real Estate
Nov 30th
The First Round of Quantitative Easing, or QE1, instituted by the Federal Reserve, covered a period from January 2009 to March 2010, and involved the purchase of approximately $1.4trillion of mortgage-backed securities (MBS) and Treasuries. This did not include the TARP stimulus package which amounted to another $2 trillion. Theoretically, these stimulus efforts staved off a collapse of the US economy, but this $3.7 trillion rescue package did little to repair the economy. It did have the visible impact of inflating stock prices, and reducing borrowing rates for homeowners and commercial property owners. More >
The Time is Now to Motivate Tenants to Make Long Range Commitments
Nov 29th
With a change in Congress taking place in the next few weeks, the “Bush” tax cuts expected to be reconfirmed and the President starting to move to the middle as he plans for re-election, business decision makers will be more optimistic. This is an ideal opportunity for brokers to motivate tenants to make long range commitments before rents start to escalate. More >
Changes in FASB 13 Rules to Change Commercial Real Estate Industry
Nov 25th
New lease accounting standards are currently being developed in a joint project between the IASB and FASB that could result in a complete overhaul of the way in which leases are reported in financial statements. More >
Shaping Tomorrow’s Commercial Real Estate Leaders
Nov 24th
The great recession has had a tremendous impact on the commercial real estate market. Shaking market fundamentals to their core, corporate users and property owners are struggling to find confidence in the market once more. As the credit crisis locked down financing, all but saving the commercial real estate market from overbuilding during the months leading up to the recession, brokers have had to think outside the box to find financing for their clients. And with fewer tenants and buyers in the market, brokers are finding themselves working harder than ever, with little to show for it on their monthly bank statements. More >
What Ever Happened to Dubai?
Nov 23rd
Dubai was just a few years ago the buzz-worthy commercial property market on everyone’s lips. A member of the UAE, Dubai became synonymous with upper class through world-famous properties like the Burj Al Arab (the sail-shaped hotel) and the Palm Islands (man-made island chains in the shape of a palm tree). Developers quick to notice a market trend shifted focus to Dubai, with plans to open a mega-retail and entertainment center, the Dubai Global Village – replete with hotels, theater venues, shopping and much more to attract tourists from around the world with continent-specific venues. More >
