July 23, 2009
A few weeks ago I had the privilege of teaching with one the CCIM Institute’s most experienced and knowledgeable instructors. He has spent a career mastering one of the most important, and often overlooked, components of commercial real estate analysis: identifying and quantifying demand.
He says that demand for space is 80% of the real estate [...]
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July 22, 2009
Jack liked to smoke. Often. He’d hang out smoking just at the entrance to the office and would greet me with a casual smile and the seasoned look of a battle hardened real estate broker. On normal days, I’d stop, stay hello and then go to my desk.
After the World Trade Center attack in 2001, the world seemed to come to a stop. Everyone stopped and waited to see what was going to happen to the market and overall economy, and seemed equally unwilling to take any risks and get back making money work. People were just proving that the market responds worse to uncertainty that it does bad news.
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