Weekly News & Capital Markets Perspective

This week’s perspective is provided by Mike Sullivan:

Michael_Sullivan_Optimized

Some of the most meaningful and impactful conversations are had over a pint of beer in a corner pub at the end of the work day.  Or perhaps over a glass of iced tea at a favorite lunch spot.  When people are at ease, conversations and ideas freely flow.  Whether it has to do with an item pertinent to my business or a personal fact about someone of which I was unaware, I always learn a few things as a result of a face-to-face meeting.  I had two such occurrences this week.  And upon a bit of reflection, I realized the respective conversations tie together fairly well.  

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Weekly News & Capital Markets Perspective

This week’s perspective is provided by Jim O’Connell:

James_OConnell_OptimizedDISTRESSED OR NOT DISTRESSED?

By the time any of you read this I will have wrapped up my comments as part of a panel at the PNC/University of Cincinnati Economic Outlook Conference this week.  I was asked that my comments provide some perspective on distressed real estate.  I felt I had a fairly strong set of experiences on that topic because over the last 9 months or so our team has sold over 2.2 million square feet of “distressed” assets.  So in preparing for that presentation, no I didn’t wing it, this time, I not only had the value of those transactions as background but I also was able to find a number of statistics and perspectives on Distressed Real Estate.  

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Weekly News & Capital Markets Perspective

This week’s perspective is provided by Mike Sullivan:Michael_Sullivan_Optimized

While it may be difficult to top my partner Tom Powers’  “Giddy up” at the end of last week’s post, I will do my best to entertain as well as enlighten.  And who knows, I may even weave in a reference to that university in South Bend.  Continue reading

Weekly News & Capital Markets Perspective

This week’s perspective is provided by Tom Powers

Tom PowersThe fourth quarter contraction of the economy was unexpected by most but that doesn’t seem to have prevented investors from continuing their appetite for real estate.  Last summer, it seemed the only investment sales that were taking place were for Class A core product.  Anything that was not considered Class A core didn’t seem to have a chance of attracting much capital – from either the equity or debt side.  Continue reading

Weekly News & Capital Markets Perspective

This week’s perspective is provided by Jim O’Connell:

When Good News is Actually Bad News

James_OConnell_OptimizedI’m sure all of you do many of the same things that we do when it comes to reading about our industry.  You scan all the published resources we monitor for headlines and when something catches your eye you read it.  Such was the case this Wednesday when there was an article in The Property Report of The Wall Street Journal with the curious headline, “When Good News for Real Estate is Bad”.

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Weekly News & Capital Markets Perspective

This week’s perspective is provided by Mike Sullivan:

Michael_Sullivan_OptimizedI would like to thank those of you (and there were many) that offered your condolences for the performance of Notre Dame in the BCS championship game a few weeks ago.  And I would be remiss if I did not at least acknowledge those of you (and there were many, many more) who took at least some small measure of delight in the performance of Notre Dame against Alabama.  I will assume the old adage “we kid because we care” holds true, at least for some of you.

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Weekly News & Capital Markets Perspective

This week’s perspective is provided by Jim O’Connell:

James_OConnell_Optimized

Do We Hear the Footsteps of Inflation???

I don’t fancy myself as the Chicken Little type but I also do not want to be so myopic that I walk around with my head in the sand.  (I think Yogi Berra said that first?)

As I read about different segments of the economy and how some sectors are reacting as we move into the new year, post fiscal cliff, it occurs to me and some others there may be some very subtle signs that some inflationary elements are beginning to show signs of themselves.  Continue reading