Consumer spending is likely to steer the U.S. economy safely through the shoals of deteriorating global growth and turbulent financial markets.
Click here to read the article (Bloomberg 10/14/14)
October 14th, 2014
Consumer spending is likely to steer the U.S. economy safely through the shoals of deteriorating global growth and turbulent financial markets.
Click here to read the article (Bloomberg 10/14/14)
October 14th, 2014
Sandler O’Neill Principal and Chief Strategist Robert Albertson examines the global slowdown as the Federal Reserve considers a rate hike. He speaks with Bloomberg’s Tom Keene, Scarlet Fu and Adam Johnson on “Bloomberg Surveillance.”
Click here to watch the interview (Bloomberg, 10/14/14)
October 7th, 2014
Residential real estate values from 1890 to 2014 rose an average of 0.3% after inflation, according to a study by Robert Shiller. Residential real estate can produce larger gains, but properties must be identified by professionals who have connections and who have learned to spot opportunities through painful trial and error, writes Carl Richards
Read the article here (NY Times 10/6/14)
October 2nd, 2014
In addition to U.S. tech, energy and entertainment money, Los Angeles has lured investors from China, Indonesia, Russia, Latin America and the Middle East who use U.S. real estate as a haven from political and economic uncertainty back home.
“If you buy a house for $50 million, $60 million, and it falls to $40 million, it’s still better than having your money under a dictator who decides that money doesn’t belong to you any more… It’s the return of capital rather than the return on capital.”
Read the article here (Bloomberg 9/22/14)
September 24th, 2014
Cities across the state of California, including SoCal, are grappling with a dwindling stock of housing that can be considered affordable for anyone but the wealthiest. In much of the state, a two-bedroom apartment or home is virtually impossible to acquire with anything less than a six-figure salary.
Read the article here (NY Times 9/23/14)
September 23rd, 2014
Foreign investors are combing through high-profile development sites in Southern California, according to Laurie Lustig-Bower, EVP at CBRE. Local developers and investors are facing increased competition from foreign investors for Class A locations.
Read the article here (Globe St. 9/23/14)
September 9th, 2014
Commercial real estate is a popular retirement choice, but Commercial Property Funds are far less common than those holding publicly traded Real-Estate Investment Trusts (REITs).
There are significant advantages, according to the Wall Street Journal.
Read the article here (WSJ 9/5/14)
July 29th, 2014
The very industry that arguably set the stage for the financial crisis in 2007 has generated important economic opportunities for certain
investors and entrepreneurs, namely in the non-traditional mortgage lending arena.
Read the article here (Globe St. 7/28/14)
July 9th, 2014
“Rates arent’t going anywhere” – Barry Sternlicht, Starwood Capital Group CEO shares his macro global outlook
Watch the interview here (CNBC.com 7/8/14)
July 8th, 2014
Economists see little risk of a surge in inflation, despite mounting evidence that the American economy is
rumbling to life.
Read the article here (The Hill 7/8/14)