by grsgrouptest | Jan 12, 2012 | Blog, Uncategorized
The apartment market is HOT, and everyone wants to be in it. The decline in home ownership is causing a boom in rental housing, and construction starts for the multifamily sector in November 2011 grew over 25% from the previous month. If you’re an office or...
by grsgrouptest | Jan 11, 2012 | Blog, Uncategorized
Think of a parcel of land not as a piece of dirt, but as a bundle of sticks, with each stick representing a specific interest in that land. One of the sticks is the right to actually be on the land, called the right of possession. Another stick entitles you to...
by grsgrouptest | Jan 5, 2012 | Uncategorized
It’s all a matter of who has the cash. In my last post, I discussed the difficulties that commercial real estate owners are encountering with attempts to re-finance outstanding adjustable rate loans that are set to mature in the very near future. This problem is in...
by grsgrouptest | Jan 3, 2012 | Uncategorized
Even though interest rates are currently at the lowest levels in decades, experts indicate that commercial real estate borrowers won’t be able to take advantage of them for much longer. The reason is that much of the current debt on commercial real estate that was...
by grsgrouptest | Dec 23, 2011 | Uncategorized
Unless you live in New York City, you probably don’t remember that New York City was a leading bidder for the 2012 Olympic Games, which will be held in London next summer. The prime site that Mayor Bloomberg offered for the Olympic Stadium was a large tract on...