Recently added articles from Real Estate Issues:
Editor's note.(Editorial)
Mar 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 becoming a Counselor, I was more than ...
Corporate real estate: an interview with experts.(LEADERSHIP ROUNDTABLE)(Interview)
Mar 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. Put simply, the real estate industry ...
Enterprise component allocation: methodology discussion.(INSIDER'S PERSPECTIVE)
Mar 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 reviews various methodologies for estimating ...
Mixed-use development and financial feasibility: part I - economic and financial factors.(FEATURE)
Mar 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 increase office and retail prices, rents and ...
Credit crisis has weakened global property fundamentals.(INSIDER'S PERSPECTIVE)
Mar 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 been largely untouched by the whole subprime ...
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)
Mar 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 identifies speculation risk and better ...
Islamic financing and foreclosure.(FEATURE)
Mar 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 least $500 billion in assets around the world are ...
Counseling the banks: what is the market for branches?(INSIDER'S PERSPECTIVE)(Industry overview)
Mar 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 generations. At the same time, the supply ...
The income tax effects of the Housing and Economic Recovery Act of 2008 on real estate transactions.(FEATURE)(Statistical data)
Mar 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 pertain to real estate. On July 30, ...
When will the Miami condominium market recover? Follow the land, man.(COMMENTARY)(Industry overview)(Statistical data)
Mar 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 past year. Prices have slipped downward ...
Navigating the Redevelopment Maze: Redevelopment-Planning, Law and Project Implementation: A Guide for Practitioners.(Book review)
Mar 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, commentary in the book is often directed toward an ...
A Practical Guide to Commercial Real Estate Transactions.(Book review)
Mar 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 involved in real estate transactions as ...
Enough. True Measures of Money, Business and Life.(Book review)
Mar 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 influential people in the world. Termed by some, ...
"Like any professional, an architect is simply an educator".(Editor's Statement)
Sep 22, 2008; ... ONE OF THE GREAT BENEFITS OF MY JOB as editor in chief of Real Estate Issues is that I have the opportunity to read all of the wonderful manuscripts that the members of The Counselors submit for review. Often I find that I forward them on to professional associates and to my colleagues in ...
Shifting the sustainability paradigm: from advocacy to good business.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... INTRODUCTION SUSTAINABILITY HAS BECOME THE WATCHWORD for imagining a new utopia where the relationship of the human endeavor with the natural world is properly aligned to the benefit of both. But this, like all utopias, lies in the future. The present is a dichotomous public ...
Weather-related losses in the built environment: societal change and climate change.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... INTRODUCTION IT IS NOW COMMON IN POLICY DEBATES to invoke human-caused climate change as a possible cause of economic, public health and catastrophic property losses. A close look at climate change issues and the built environment, including both the larger scale planning issues ...
Selling and governing the green project: owner risks in marketing, entitlement and project governance.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... INTRODUCTION CRITICAL THINKING ABOUT THE LEGAL AND RISK MANAGEMENT issues related to green buildings is in its relative infancy. With the sustainable development revolution upon us and a general consensus that it is here to stay, attorneys for owners, architects, contractors, ...
Greening the standard of care: evolving legal standards of practice for the architect in a sustainable world.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... OVERVIEW THE TASK OF DELIVERING GREEN OR SUSTAINABLE BUILDINGS requires the coordination of many parties in the chain of asset management and construction. Arguably, one of the more important figures in this process, particularly for new buildings and in the perception of the ...
Trust, but verify ... building enclosure commissioning in sustainable design.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... INTRODUCTION Sustainable design does not necessarily result in a sustainable building. As an architect practicing in the area of building enclosure failure investigation and repair design, personal experience has taught me that there is often a sizeable gap between design intent ...
Expanding the principles of performance to sustainable buildings.(FOCUS ON GREEN BUILDING)
Sep 22, 2008; ... A MAJOR ISSUE IS EVOLVING WITH REGARD TO THE MEANING and implications of the term "building performance." To some, this expression means a promise to design buildings that will function in accordance with "green" or "high-performance-green" ratings. Others aspire to operate safe, secure ...