by grsgrouptest | Nov 22, 2011 | Uncategorized
Taking advantage of its large reserves and the down real estate market, Blackstone Group LP is betting that commercial real estate values will improve as the economy recovers. According to a recent Wall Street Journal article, Blackstone, already a major player in...
by grsgrouptest | Nov 17, 2011 | Uncategorized
The National Association of Real Estate Investment Trusts (“NAREIT”) held its REIT World conference this week in Dallas, Texas. According to published reports, two major points were made at the conference. First, existing multi-family apartment housing is doing...
by grsgrouptest | Nov 16, 2011 | Uncategorized
It’s surprising that anyone would purchase real estate, much less commercial real estate, without a current ALTA/ACSM survey. The ALTA (American Land Title Association) and ACSM (American Congress on Surveying and Mapping) revised their standards this year in...
by grsgrouptest | Nov 10, 2011 | Uncategorized
Zombies! They’re everywhere! In the movies, on TV, at the corner strip mall! As you might guess, “Zombie” properties are those commercial and industrial properties that are vacant, under-performing, or underwater financially, the “walking...
by grsgrouptest | Nov 10, 2011 | Uncategorized
Blackstone Group LP has agreed to purchase from Duke Realty Corp. up to $1 Billion in suburban office properties in seven suburban markets, including Dallas, Atlanta and Minneapolis. This is an interesting move for Blackstone, since many real estate investors,...
by grsgrouptest | Nov 1, 2011 | Uncategorized
We are seeing today many of the same problems we saw in the early 1980’s, when so many savings and loans and banks became insolvent and were taken over by the Resolution Trust Corporation and/or the Federal Deposit Insurance Corporation. In the 1980’s...
