Real Estate Investor $1.8 Million In The Hole

Where Now So. California Real Estate

I am a tax attorney by training and a Real Estate Broker investor by choice. I hate the stock market… Where Now So. California Real Estate[...]

Commercial Real Estate News Digest

COMMERCIAL REAL ESTATE NEWS • AMB Property of San Francisco, which owns and develops industrial real estate, said Friday that it would sell as many as 9.1 million new shares and plans to expand its global development business by 75 percent over the next four years. The company will use the funds[...]

Real estate appraisals are outmoded

The real estate appraisal system is broken and needs to be fixed. The fundamental problem is the conflict of interest among the lender who selects the appraiser, the borrower who pays for the appraisal and the investor who relies on the adequacy of the appraiser’s opinion. Lenders are in a powerful[...]

GCC fastest growing retail real estate market in the world

The Gulf Cooperation Council’s (GCC) retail real estate market is the fastest growing in the world, with more than 16.35 million square metres (m²) of Gross Leasable Area (GLA) expected to be completed by 2010, according to Colliers International - one of the top three global property service consultants. The increase[...]

Last week’s biggest real estate deals in the Valley

A CEO of an investment management group, a real estate broker, a real estate investor and a Canadian executive are among the buyers and sellers in this week’s priciest homedone deals. $8,800,000. Larry P. Clemmensen, as trustee of the Larry P. Clemmensen Living Trust, paid cash for a home in the Jokake[...]