Real Estate Issues articles from March 22 2009

Real Estate Issues archives from March 22 2009

Editor's note.(Editorial)
March 22, 2009... THIS VERY PUBLICATION WAS MY FIRST exposure to The Counselors of Real Estate. I have been citing and referencing its authors and articles in my own work for years. OK, make that decades... but, long before I was honored with the distinction of...

Corporate real estate: an interview with experts.(LEADERSHIP ROUNDTABLE)(Interview)
March 22, 2009... INTRODUCTION IT'S ALWAYS BEST TO START AT THE BEGINNING. AND BEFORE real estate can be discussed as an asset class or as something to be valued, leveraged, traded or securitized, it must first be seen as a place for the conduct of work....

Enterprise component allocation: methodology discussion.(INSIDER'S PERSPECTIVE)
March 22, 2009... BUSINESS ENTERPRISE VALUE (BEV) HAS FOR MANY YEARS eluded a universally accepted method of appraisal. It has been the subject of much discussion, writing and even litigation. By definition intangible, BEV is difficult to pin down. This article...

Mixed-use development and financial feasibility: part I - economic and financial factors.(FEATURE)
March 22, 2009... INTRODUCTION MIXED-USE DEVELOPMENTS ARE GROWING IN POPULARITY AS they reportedly can create additional value and outperform standard single-use real estate developments. The synergy and appeal of a quality mixed-use development can...

Credit crisis has weakened global property fundamentals.(INSIDER'S PERSPECTIVE)
March 22, 2009... A STRIKING FEATURE OF THE RECENT FLOW OF MACRO DATA IS how the downturn in those economies most directly affected by the credit crunch has spread across the rest of the globe. No longer is there any hiding place, even if a country's banks have...

Managing risk in income property loan portfolios: relative index methodology: a proposal to enhance Basel II regulations on income property lending and assess risk positions in income property loan portfolios.(FEATURE)
March 22, 2009... INTRODUCTION The purpose of this article is to propose Basel II regulation to significantly reduce the risk of another real estate boom-bust cycle threatening the viability of the U.S. financial system. This proposed Basel II regulation...

Islamic financing and foreclosure.(FEATURE)
March 22, 2009... IN THE PAST SEVERAL YEARS, THE UNITED STATES HAS SEEN substantial growth in a subsection of international finance sometimes called "Islamic Finance." Although conclusive data is not yet available, Forbes magazine recently estimated that at...

Counseling the banks: what is the market for branches?(INSIDER'S PERSPECTIVE)(Industry overview)
March 22, 2009... INTRODUCTION LOSSES ARE IN THE BILLIONS, CENTURY-OLD FINANCIAL institutions are failing, and those that formerly lent money to the rest of us now are on government assistance; these are the darkest days the banking industry has seen in...

The income tax effects of the Housing and Economic Recovery Act of 2008 on real estate transactions.(FEATURE)(Statistical data)
March 22, 2009... INTRODUCTION IF REAL ESTATE INVESTORS ARE TO MAXIMIZE AFTER-TAX profits and maintain appropriate levels of capital investment, they must have a working knowledge of the latest legislative changes enacted by the United States Congress that...

When will the Miami condominium market recover? Follow the land, man.(COMMENTARY)(Industry overview)(Statistical data)
March 22, 2009... Since 2003, DEVELOPERS HAVE BEGUN CONSTRUCTION ON 22,000 condos in downtown Miami, which is more than double the number built over the last four decades. "For sale" condominium inventory has doubled. Residential vacancies have doubled in the...

Navigating the Redevelopment Maze: Redevelopment-Planning, Law and Project Implementation: A Guide for Practitioners.(Book review)
March 22, 2009... EDITORS BLAESSER AND CODY HAVE put together a number of individual chapters, creating a primer on the redevelopment process. The book is targeted to attorneys acting on behalf of their developer clients or a government entity. As such,...

A Practical Guide to Commercial Real Estate Transactions.(Book review)
March 22, 2009... "It was a dark and stormy night. Suddenly, a shot rang out! A door slammed. Someone screamed. Without warning, a..." [ILLUSTRATION OMITTED] Well, this volume is not quite all that enticing--unless, of course, you find yourself...

Enough. True Measures of Money, Business and Life.(Book review)
March 22, 2009... JOHN BOGLE IS THE FOUNDER AND former CEO of the Vanguard Mutual Fund Group. He created Vanguard in 1974. Fortune Magazine rated him as one of four "Investment Giants" of the twentieth century. Time. Magazine rated him one of the 100 most...