“Khaneman and Tversky are more responsible than anybody for the powerful trend to mistrust human intuition and defer to algorithms.” The thought of distrusting ourselves at all costs is a very uneasy one for most of us, because so often we have been told by our parents, mentors, and partners to “trust our gut feeling.” […]
Don’t Just Lose the Gut, Don’t Trust It Either Read More »
Growing CRE Capital in 2016 Written two years ago, the thoughts below were a look forward in an attempt to define a strategy that offered upside while protecting against downside as is seemed an asset bubble was forming through easy money policy. Today, at the end of January 2019, the stock market has continued to
A look back…were we right? Read More »
As Black Friday and Cyber Monday have come and gone I find myself thinking back to the evolution of retail from my perspective as a commercial real estate professional. Looking back over the last few years I have become more active in retail property through the assumption of responsibilities for retail assets in Southwest FL.
Owning Good Retail Centers Read More »
Today’s situation The future holds a difficult reality for those expecting to enjoy retirement from 401(k) or IRA savings programs, pensions, or self-directed investments. Returns that were once commonplace, have gone into hiding. This is no different for real estate investors who have watched opportunities to invest in properties that deliver historical returns of 7-10%
Smart Capital Growth Read More »
Pro-Active Brokerage In over a decade of leasing and owning various types of commercial real estate, I have developed the belief that brokers and landlords should focus on two major themes in order to create a professional and effective leasing environment to welcome prospective tenants. · Mutual Understanding- Accepting that the devil is in the details,
Pro-Active Brokerage Read More »
THE SITUATION A personal owner is involved in a partnership holding an asset which has been substantially depreciated and mortgaged, creating a situation where a sale would result in minimal after-tax cash flow. However, contrary to the personal owner’s opinion, the majority of partners decide the time is right to sell the asset without reinvesting
Swap & Drop: A 10-31 Theory Read More »
Not long ago, after selecting a broker to list a property, a mentor shared his insight into how real estate brokerage is parochial, and his best steps for choosing a broker who was a part of the right community for each assignment. Occasionally, a lease or sale of a building will stall unnecessarily, because of a
7 Great Questions to Interview A Broker Read More »