• The Complete Guide to Your Real Estate Closing, Second Edition: Answers to All Your Questions - From Opening Escrow, To Negotiating Fees, to Signing Closing Papers
    The Complete Guide to Your Real Estate Closing, Second Edition: Answers to All Your Questions - From Opening Escrow, To Negotiating Fees, to Signing Closing Papers
    by Sandy Gadow
  • Love Your Life Not Theirs: 7 Money Habits for Living the Life You Want
    Love Your Life Not Theirs: 7 Money Habits for Living the Life You Want
    by Rachel Cruze
  • Capital Gaines: Smart Things I Learned Doing Stupid Stuff
    Capital Gaines: Smart Things I Learned Doing Stupid Stuff
    by Chip Gaines
  • The New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle Class—and What We Can Do About It
    The New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle Class—and What We Can Do About It
    by Richard Florida
  • The Mortgage Wars: Inside Fannie Mae, Big-Money Politics, and the Collapse of the American Dream
    The Mortgage Wars: Inside Fannie Mae, Big-Money Politics, and the Collapse of the American Dream
    by Timothy Howard
  • Make It Right: Expert Advice on Home Renovations
    Make It Right: Expert Advice on Home Renovations
    by Mike Holmes
  • Surveying: Principles and Applications (9th Edition)
    Surveying: Principles and Applications (9th Edition)
    by Barry Kavanagh, Tom Mastin
  • Dream Home: The Property Brothers' Ultimate Guide to Finding & Fixing Your Perfect House
    Dream Home: The Property Brothers' Ultimate Guide to Finding & Fixing Your Perfect House
    by Jonathan Scott, Drew Scott
  • American Bungalow Style
    American Bungalow Style
    by Robert Winter
  • Trees: A Visual Guide
    Trees: A Visual Guide
    by Tony Rodd, Jennifer Stackhouse
  • Zillow Talk: Rewriting the Rules of Real Estate
    Zillow Talk: Rewriting the Rules of Real Estate
    by Spencer Rascoff, Stan Humphries
  • Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever M ade
    Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever M ade
    by Charles V. Bagli
  • Keep Calm . . . It's Just Real Estate: Your No-Stress Guide to Buying a Home
    Keep Calm . . . It's Just Real Estate: Your No-Stress Guide to Buying a Home
    by Egypt Sherrod
  • The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
    The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
    by Ron Chernow
  • Learn the Lingo of Houses 2016 (paperback)
    Learn the Lingo of Houses 2016 (paperback)
    by Regina Brown
  • The Story of Millard and Linda Fuller, Founders of Habitat for Humanity and the Fuller Center for Housing
    The Story of Millard and Linda Fuller, Founders of Habitat for Humanity and the Fuller Center for Housing
    by Bettie B. Youngs
  • Rural Studio: Samuel Mockbee and an Architecture of Decency
    Rural Studio: Samuel Mockbee and an Architecture of Decency
    by Andrea Oppenheimer Dean
  • The Philadelphia Country House: Architecture and Landscape in Colonial America
    The Philadelphia Country House: Architecture and Landscape in Colonial America
    by Mark E. Reinberger, Elizabeth McLean
  • Trump: The Art of the Deal
    Trump: The Art of the Deal
    by Donald J. Trump, Tony Schwartz
  • Atlanta Homes & Lifestyles
    Atlanta Homes & Lifestyles
    Esteem Media
  • Nashville Lifestyles Magazine
    Nashville Lifestyles Magazine
    Nashville Lifestyles
  • Indianapolis Monthly
    Indianapolis Monthly
    Emmis Publishing
  • New Orleans Magazine
    New Orleans Magazine
    Renaissance Publishing
  • Real Estate Investments and How to Make Them (Fourth Edition): The Only Guide You'll Ever Need to the Best Wealth-Building Opportunities
    Real Estate Investments and How to Make Them (Fourth Edition): The Only Guide You'll Ever Need to the Best Wealth-Building Opportunities
    by Milt Tanzer
  • Portsmouth (Images of America Images of America Images of America Images)
    Portsmouth (Images of America Images of America Images of America Images)
    by Gerald D. Foss
  • The Plan of Chicago: Daniel Burnham and the Remaking of the American City (Chicago Visions and Revisions)
    The Plan of Chicago: Daniel Burnham and the Remaking of the American City (Chicago Visions and Revisions)
    by Carl Smith
  • Louis Sullivan: Creating a New American Architecture
    Louis Sullivan: Creating a New American Architecture
    by Patrick F. Cannon
  • The Death and Life of Great American Cities
    The Death and Life of Great American Cities
    by Jane Jacobs
  • Midcentury Houses Today
    Midcentury Houses Today
    by Lorenzo Ottaviani, Jeffrey Matz, Cristina A. Ross
  • The Good House: A Novel
    The Good House: A Novel
    by Ann Leary
  • Investing in REITs: Real Estate Investment Trusts
    Investing in REITs: Real Estate Investment Trusts
    by Ralph L. Block
  • Mississippi River Tragedies: A Century of Unnatural Disaster
    Mississippi River Tragedies: A Century of Unnatural Disaster
    by Christine A. Klein, Sandra B. Zellmer
  • Rails Around the Thumb (Images of Rail)
    Rails Around the Thumb (Images of Rail)
    by T.J. Gaffney, with an introduction by Kevin P. Keefe
  • The Katrina Decade: Images of an Altered City
    The Katrina Decade: Images of an Altered City
    by David G. Spielman, Jack Davis, John H. Lawrence
  • Post-Petroleum Design
    Post-Petroleum Design
    by George Elvin
  • Better Than New: Lessons I've Learned from Saving Old Homes (and How They Saved Me)
    Better Than New: Lessons I've Learned from Saving Old Homes (and How They Saved Me)
    by Nicole Curtis
  • Home Staging That Works: Sell Your Home in Less Time for More Money
    Home Staging That Works: Sell Your Home in Less Time for More Money
    by Starr C. Osborne
  • Connectedness and Contagion: Protecting the Financial System from Panics (MIT Press)
    Connectedness and Contagion: Protecting the Financial System from Panics (MIT Press)
    by Hal S. Scott
  • Evicted: Poverty and Profit in the American City
    Evicted: Poverty and Profit in the American City
    by Matthew Desmond
  • Sabrina Soto Home Design: A Layer-by-Layer Approach to Turning Your Ideas into the Home of Your Dreams
    Sabrina Soto Home Design: A Layer-by-Layer Approach to Turning Your Ideas into the Home of Your Dreams
    by Sabrina Soto
  • Retire on Real Estate: Building Rental Income for a Safe and Secure Retirement
    Retire on Real Estate: Building Rental Income for a Safe and Secure Retirement
    by K. Kai Anderson
  • New Orleans Magazine
    New Orleans Magazine
    Renaissance Publishing
  • The Inside Track to Careers in Real Estate
    The Inside Track to Careers in Real Estate
  • Condo Living: A Survival Guide to Buying, Owning and Selling a Condominium
    Condo Living: A Survival Guide to Buying, Owning and Selling a Condominium
  • Unbuilding: Salvaging the Architectural Treasures of Unwanted Houses
    Unbuilding: Salvaging the Architectural Treasures of Unwanted Houses
  • A Field Guide to American Houses
    A Field Guide to American Houses
  • The Abrams Guide to American House Styles
    The Abrams Guide to American House Styles
  • The Real Estate Investor's Pocket Calculator: Simple Ways to Compute Cashflow, Value, Return, and Other Key Financial Measurements
    The Real Estate Investor's Pocket Calculator: Simple Ways to Compute Cashflow, Value, Return, and Other Key Financial Measurements
  • The Commercial Real Estate Tsunami: A Survival Guide for Lenders, Owners, Buyers, and Brokers (Wiley Finance)
    The Commercial Real Estate Tsunami: A Survival Guide for Lenders, Owners, Buyers, and Brokers (Wiley Finance)
  • Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance
    Confessions of a Subprime Lender: An Insider's Tale of Greed, Fraud, and Ignorance
  • Selling Your House in a Tough Market: 10 Strategies That Work
    Selling Your House in a Tough Market: 10 Strategies That Work

 

Saturday
Jun182016

Magazine for Real Estate Investing

Readers with a passion for wealth creation from real estate investing have a focused resource in the periodical space.  Think Realty: The Magazine for Real Estate Investors® delivers “actionable ideas and money saving advice” six times per year.  First-time investors and experienced professionals can tap into content that speaks to issues faced in the dynamically rewarding industry niche of real estate investments.  Think Realty Magazine is published by Affinity Real Estate Media LLC.  Also check out ThinkRealty.com.  

Sunday
Apr172016

Blooms of Wisdom in Spring RE Guide from Money

Money published its annual "Real Estate Guide" in the May 2016 issue.  The focus is on four consumer types, specifically those Starting Out, Trading Up, Downsizing, or Staying Put.  Money’s guide suggests best moves or ideas for owners, sellers, and buyers, depending on where they slot themselves in the shopping hierarchy this season.  In a companion article on the debt side of the equation, Ian Salisbury covers "5 Ways Borrowing for a Home is Getting Easier." 

Sunday
Feb142016

Comparing the Housing Websites

Which are the housing websites matching your needs?  Consumer Reports® magazine shares pros and cons of popular housing websites with "Go House Hunting, Virtually" in its March 2016 issue. They take a look at four sites, and list geographic coverage, app status, frequency of data updates, and unique features.  

Sunday
Aug162015

Preparing Buyers

Keep Calm…It’s Just Real Estate: Your No-Stress Guide to Buying a Home
by Egypt Sherrod.  2015.  Running Press, Philadelphia.  224 pp. 

Navigating the process of buying a home can prove difficult.  What if there was a book written in a relaxed style by a credible professional, who gathers the most important steps to know in the process for you?  Now in her second decade of representing clients in the buying and selling of real estate, Egypt Sherrod concentrates her knowledge in Keep Calm…It’s Just Real Estate to save readers time, money, and a few headaches when they’re buying a home. 

With Keep Calm, Sherrod emphasizes her enjoyment working for first-time homebuyers.  The author maintains a multifaceted career, which includes

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Sunday
Aug022015

Speaking of Zillow

Zillow Talk: Rewriting the Rules of Real Estate
by Spencer Rascoff and Stan Humphries.  Grand Central Publishing, a division of Hachette Book Group, Inc.  New York and Boston.  2015, Zillow, Inc.

Over the past decade, the company Zillow and its eponymous website expanded across the real estate scene, augmenting and facilitating the ages-old systemic marketing of homes for sale and rent.  With their book, Zillow Talk: Rewriting the Rules of Real Estate, CEO Spencer Rascoff and Chief Economist Stan Humphries encapsulate the company’s philosophy of bringing elements of transparency to residential information. 

Early in Zillow Talk, the co-authors reflect on their respective journeys working through the travel industry, an industry which reformed vis-à-vis the Internet.  Knowing what was possible with transformation and disintermediation at the macro level, and having made their own complicated housing decisions, the two had a shared opportunity to underscore Zillow’s vast efforts to collect, calculate, and present retrievable data that can inform as a guide for buying, selling, financing, and renting.  “Real estate,” they write, “is a lens on society.”

More than just contemporary dispatches of what they see happening in U.S. markets, it’s fair to conclude

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Sunday
Nov162014

Chasing Payoffs of Net Zero

Interested in the next hurdles of net zero living?  Leap into the pages of Fast Company magazine with "This Home Makes All Its Own Energy."  Editor-at-large Jon Gertner writes about the NIST test house, known as the Net Zero Energy Residential Test Facility situated in Maryland.  The article contains advances in net-zero technology studied at the prototype.  Refreshingly, like necessary ventilation, Gertner doesn’t shy away from the affordability question, and how construction cost realities are influencing scientists’ expectations about building zero net energy houses.

Saturday
May102014

Infrastructure Intertwined with Real Estate

Fixing roads and bridges has become a familiar refrain.  Infrastructure in the U.S. gets described as aging, inadequate, and in need of substantial repair.  The condition of the nation’s infrastructure does not earn a seal of approval from the American Society of Civil Engineers — it receives a failing grade.  Prior to rushing forward, with shovels ready, might there be new approaches to fix tomorrow’s roll out of infrastructure?

Yes, says Orion, taking cues from fresh ideas across the country.  Reimagining Infrastructure is an impressive series from the bimonthly magazine.  In an introductory editorial last year unveiling the two-year project of rethinking infrastructure for the next generation, Orion Editor-in-Chief H. Emerson Blake made the case that our lives are intertwined with our current infrastructure.  Blake framed the problem of America’s infrastructure as running deeper than its condition, but rather extending into “the outdated philosophy that underlies it.”  Orion’s reportage collects stories of Americans working together conscientiously to incorporate engagement and innovation for their infrastructure solutions. 

Real estate and infrastructure have long been intertwined.  Infrastructure isn’t exclusive to the public square without impact on private property rights.  Take for example potential conversions of cargo railways into high-speed commuter lines.  Property owners with crossing rights adjacent to a converted railway share a crucial safety issue with railroad operators that will get put to the test with an adaptive use.  Car drivers anticipating a 40 mile-per-hour freight train makes for a different safety dynamic versus anticipating a 160 mph high-speed passenger train.     

Public policy fastens

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Monday
Apr142014

Big-Picture Forecast for Housing

Spring returns, and so does Money with its annual "Real Estate Guide 2014."  They're concentrating on four categories of housing markets for the forecast, namely: Booming Growth Cities, Upscale Neighborhoods, New Investor Favorites, and Once Hot, Now Not.  In each category, Money squares up helpful tips for buyers, sellers, and owners who find themselves in those four common types of markets this year.

Part of the guide is Lisa Gibbs' "When Wall Street Becomes A Landlord," a synopsis of the latest wave of influence in the marketplace: large investors and single-family rental REITs.  Atlanta's suburbs are spotlighted.  "This second wave of housing investors is spending billions to flip foreclosures into single-family rentals.  In January [2014] one in every four homes sold in Atlanta went to a large investor, four times the national average," Gibbs cites RealtyTrac.  Bundled rental income from single-family assets is backing a "new breed of bonds," although investors so far, writes Gibbs, "have not been enthusiastic."

Josh Garskof contributes rules of thumb for working with general contractors in, "Ready to Renovate? Here's the First Move You Must Make."  The sweeping eye-in-the-sky images are provided by aerial and portrait photographer Cameron Davidson.

Saturday
Oct122013

Equity Crowdfunding for Real Estate

Real estate developers evaluate financing strategies to improve investments.  For those who like getting creative with capital, there is a new potter’s wheel to spin: equity crowdfunding.  One aspect of the Jumpstart Our Business Startups or JOBS Act of 2012, in part, attempts to ease securities regulations for capital formation through crowdfunding.  The Securities and Exchange Commission (SEC) has the duty of issuing rules and regulations around crowdfunding, which will impact real estate finance and investment. But until the SEC rolls out the roadmap probably in 2014, and takes into account the masses of non-accredited investors, where can developers and investors begin to turn for an introduction to crowdfunding for real estate?  Start with these:

“Real Estate's New Frontier: Crowdfunding” by Diana Olick on her Realty Check blog at CNBC.

“Crowdfunding Property Deals on Horizon with U.S. JOBS Act” by Max Raskin on Bloomberg

“Real Estate: the Next Crowdfunding Boom” by Liyan Chen at Inc. 

For a broader overview of crowdfunding:

"What You Need to Know About the New Equity-Crowdfunding Model" by Sally Outlaw for Entrepreneur, and her book, Cash From The Crowd.

 “Crowdfunding Will Flourish Regardless of What the SEC Does” by Alan McGlade at Forbes.

Crowdfunding for Social Good, Financing Your Mark on the World by Devin Thorpe.

Also, check out Charles Luzar at Crowdfund Insider for “The JOBS Act: Misreporting & Setting The Record Straight.”

Saturday
Sep072013

Real Fun Across and Down

Crossword fans, tap into this real estate puzzle from BOND New York in the The Real Deal

For more crosswords in The Real Deal, visit their archive.

(If you want the key for the puzzle above, BOND New York generously offers it on their BOND Magazine blog.)

 

Saturday
Apr272013

Scholarships for Real Estate Studies

Preparing to pay for college is paramount for success.  Be sure to research available financial assistance.  The Pension Real Estate Association offers scholarship opportunities at the undergraduate and graduate levels for real estate education.  For students considering retail real estate as a career path, there are a variety of awards and scholarships from the ICSC Foundation.  Students who are pursuing the commercial real estate industry should also check out the SIOR Foundation.

Other helpful resources in the search for scholarships can be found in the Ultimate Scholarship Handbook, and Scholarships, Grants & Prizes.

Saturday
Mar302013

Housing Recovery At The Newsstand

Looking for admirable optimism on the cusp of frost-tinged mornings, spring break, and baseball's opening day?  Money is out with their "Real Estate Guide 2013" in the April issue.  The material gives an account of housing prices, buyer and seller points-of-view for today's conditions, renovation versus trade up, and homeowners insurance headscratchers.  In large part, the guide is signaling a market revival, and draws a distinction about the two types of markets behind an upsurge in residential prices.

Money also taps key online housing resources that stand out for dashboard readers:

* Foreclosure Rate Heat Map from RealtyTrac.com for foreclosure filings expressed as a ratio.

* Housing Barometer from Trulia.com charts normalcy as a basis for comparison among three housing market indicators.

* DigsTM, new from from Zillow.com, for project estimates.  Apt for Love It or List It fans and renovation enthusiasts.

Read Money's Real Estate Guide 2013.  This spring it's in like a lion.

Thursday
Nov082012

Conveyances: Q & A with Julia Boland, Broker 

Accelerating a shift in real estate communications from traditional formats and outlets to digital and mobile, The Boland Team at Halstead Property launched One(212), their interactive appazine for the iPad.  The first appazine of its kind, One(212) will have users tapping screens with enthusiasm.  Get a fresh take on New York City real estate with this hot new app.  Associate Broker Julia Boland, Senior Vice President at Halstead Property and Managing Director at Halstead Property Development Marketing, shared her thoughts with Real Estate Lit.

Q.  Was the decision by The Boland Team at Halstead Property to publish One(212) simply geared toward a technical transformation over to a digital media platform, or was there something more meaningful in the calculation to boldly branch out in an additional direction?

A.  One of my favorite quotes is, “Fortune favors the bold.”

Our move was very, very deliberate.  We spent a significant amount of time consulting with some terrific marketing and media experts.  We wanted to differentiate ourselves from the crowd.  Our body of work certainly separated us from the pack but we had not communicated that message effectively to the public.  After quite a bit of research and brainstorming we decided on a strategy to position ourselves as market experts by utilizing our combined 25+ years of experience plus cutting edge technology.

Q.  Specifically for your brokerage business, how are you utilizing One(212)?

A.  Our goal was to

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Wednesday
Aug292012

Notable Mention: The Buzz Around REITs 

Investing in REITs
by Ralph L. Block.  4th Edition.  2012.  Wiley, Hoboken, N.J.  432 pp.

Generating ample footcandle in the publishing sphere of finance in 2012, real estate investment trusts (REITs) brighten coffee table discussions for new and venerable investors.  This spring in Kiplinger’s Personal Finance, Nellie S. Huang described REITs as “generally a fine source of income in today’s low-yield world.”  This summer Jeffrey R. Kosnett reported on “Landmarks You Can Invest In” accessed through REITs.  A contemporary look at REIT capital as a legitimate source of funds for alternative energy development is presented by Tim Laycock and Tom Smallwood in the August Midwest Real Estate News from Real Estate Publishing Group.

For readers intrigued with the whole idea of REITs, a step further into awareness of the investment vehicle, its compliance requirements, and its management is warranted.  With his fourth edition of Investing in REITs, author Ralph L. Block’s encyclopedic work impresses in content and appearance, yet with a tone both folksy and sophisticated, giving it broad appeal. 

The first REITs were organized a generation ago, after the United States Congress passed, and President Eisenhower signed into law,

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Monday
May142012

Notable Mention: Educating Oneself about Home Inspections

The Holmes Inspection Bookazine: The Essential Guide for Every Homeowner, Buyer and Seller
by Restovate Ltd.  2012.  Time Home Entertainment, Inc., New York.  108 pp.

The word inspection can conjure the assumption there is a thoroughness taking place.  With the The Holmes Inspection Bookazine: The Essential Guide for Every Homeowner, Buyer and Seller, Mike Holmes contends the incidence of unexpected problems arising after closing on the purchase of inspected homes is unreasonable.  “The time to find problems is during a home inspection,” Holmes says, “but, way too often, that’s not happening.”

Holmes presents ten clear reasons why the home inspection process does not always serve the best interests of the buyer.  The publication continues Holmes’ larger mission to foster greater reliability from the home inspection industry, while at the same time empowering homeowners -- prospective and existing -- to seize the client role in the contractual relationship with the inspection company.  He points out the obligation of clients to ask questions rather than rely solely on a real estate agent to find a home inspector.  Holmes offers the right questions to ask and the answers to expect, good and bad.  And, he’ll pitch a curve ball to some buyers and their agents, about the timing of when to order a home inspection. 

Besides the readers mentioned in the book's subtitle, what group could greatly benefit from The Holmes Inspection bookazine?  Professionals in the REO portion of the housing sector.  Financial institutions’ staff members have to deal with distressed assets, or houses they’ve received through foreclosure or deed-in-lieu circumstances.  A real estate-owned or bank-owned asset can precariously linger for sale, affecting its value through deferred maintenance and become a detriment to the stability of the neighborhood.  As Holmes states, a quality home inspection can serve as “the blueprint” for a maintenance plan.  Also with The Holmes Inspection, read about red flags to notice when evaluating the interior and exterior of a house, especially its structural and mechanical issues.

Monday
Apr092012

Conveyances: Q & A with Michael Bull, CCIM, Host of America’s Commercial Real Estate Show

The Commercial Real Estate Show is a national talk radio program heard weekly in 22 major markets.  Michael Bull, show host, is founder and principal of Bull Realty, a regional commercial real estate brokerage firm with three offices, headquartered in Atlanta, Georgia.  Mr. Bull is a writer, speaker, trainer, consultant and active real estate broker.  He writes for the show's blog and also can be found on Twitter.  Show topics run the gamut from social media for real estate to distressed market updates to commercial lease issues and dominant broker traits.

Q.  You are based in Atlanta, leading a commercial real estate brokerage and all it entails.  Given the full plate, what was the inspiration to launch a radio show amidst your other business interests?  

A.  Tom, we were looking for ways to build recognition for our firm.  We wanted to attract more clients, and we wanted to attract commercial agents who might be looking for a change.  Our brokerage firm has done well in this cycle and we are looking to continue our growth while the market has so much potential.

A lot of our business is investment sales, land sales and selling commercial properties to users.  When sellers look hard at what agents actually do to sell their property, we do well.  The radio show is one of the ways we can illustrate our marketing prowess and the power of our platform.

We also hope to add value to the industry as a whole.  The radio show is like social media on steroids.  We provide great information for free, hoping to help the industry, build relationships and attract potential business.

Q.  The Commercial Real Estate Show airs on flagship station Biz1190 WAFS every Saturday morning at 10 a.m. ET, and conveniently online on demand, as well as on stations around the country.  Given that real estate is, by its nature, a local product, how do you go about selecting program content which will resonate with disparate geographic markets?

A.  I agree commercial real estate is local, sometimes down to each individual building.  However, there are skills, strategies and information helpful to us all, whether we are in Maine, California or Florida.  We are able to make sure the show provides great content and takeaways valuable to a large audience.

It was not until I walked out of the studio after the first show, that I realized

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Thursday
Mar012012

Methodologies for CRE

Financial and Investment Analysis for Commercial Real Estate
by Joseph L. Petrole, CCIM, MAI.  2007.  Dearborn Financial Publishing, Chicago.  179 pp.

In 2012’s economy, with all the talk of “cash on the sidelines,” you are more likely to see a bionic Peyton Manning get back into the game before you see a slew of cash-only purchases of superstar commercial real estate. 

Expertly written, Financial and Investment Analysis for Commercial Real Estate is the go-to source from a commercial perspective for understanding: analysis of income and expenses; valuation of property; financing its acquisition with components of debt and equity; and measuring investment performance.  The author, Joseph L. Petrole, is professionally credentialed as a CCIM and an MAI—for those unfamiliar with such acronyms, that’s Certified Commercial Investment Member issued by the CCIM Institute; and Member of the Appraisal Institute.  

Each of the four chapters commences with key terminology.  Can you imagine the time-savings if each of your deals did?  Petrole continues with an overview of each chapter and sets out learning objectives for his readers.  To reinforce retention, the author includes chapter summaries as well as review questions.  Unlike some academic texts, Financial and Investment Analysis for Commercial Real Estate provides readers with an answer key, which would also be nice for your deals. 

Financial returns are the name of the game for investors in commercial real estate.  Value and performance weigh on the decision-making of investors who are rightly concerned with risk and price.  If you’re going to be active in the industry, or if you need a better handle on what savvy buyers are interested in

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Thursday
Jan262012

Conveyances: Q & A with LISC MetroEdge

LISC MetroEdge is the commercial corridor revitalization program of Local Initiatives Support Corporation (LISC). LISC believes that vibrant commercial corridors and convenient access to retail stores and professional services are essential components of healthy, sustainable communities. LISC MetroEdge supports this vision by assisting LISC field staff and community development corporations (CDCs) with understanding commercial markets and devising and implementing strategies to revive their commercial corridors. LISC MetroEdge uses innovative market research to identify hidden market potential, and provides expert commercial development technical assistance and capacity building support to CDCs.

LISC MetroEdge works nationally from LISC’s offices in Chicago. Business Manager Jake Cowan shared these answers.

Q. What types of clients contract with LISC MetroEdge?

A. Our typical clients are CDCs and business development organizations (such as a neighborhood Chamber of Commerce). National and local foundations and sometimes local governments sponsor the work, which is designed to produce a good understanding of market potential for

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Tuesday
Jan172012

Notable Mention: Laying Groundwork in Market Analysis

Handbook for Real Estate Market Analysis
by John M. Clapp.  1987.  Prentice-Hall, Inc., Englewood Cliffs, NJ.  264 pp.

Noteworthy events in 1987?  On January 8, the Dow Jones Industrial Average closed above 2,000 for the first time.  On October 19, "Black Monday" saw stock markets crash around the world.  How about those apples for bookends?       

A fine set of bookends deserves a fine academic book in between.  In 1987, Prentice-Hall published the Handbook for Real Estate Market Analysis by Dr. John M. Clapp.  An award-winning author, Professor Clapp has written several scholarly articles and books on real estate, markets, indices, and analyses.  Professor Clapp currently serves as Director of the Center for Real Estate and Urban Economic Studies at the University of Connecticut. 

With Handbook for Real Estate Market Analysis, Clapp brought attention at that time to

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Friday
Dec162011

Notable Mention: Explore Careers in Real Estate

The Inside Track to Careers in Real Estate
by Stan Ross and James Carberry.  2006.  Urban Land Institute, Washington, D.C.  182 pp.

Bloomberg's Matt Miller cites more than 200,000 layoffs in the financial services industry in 2011, in a video segment "Life After Wall Street".  Looking back a year ago, according to the United States Department of Labor's Bureau of Labor Statistics, "There was an unprecedented rise in the number of persons with very long durations of unemployment during the recent labor market downturn. Nearly 11 percent of unemployed persons had been looking for work for about 2 years or more in the fourth quarter of 2010." 

For persons in financial services and others considering career reinvention, read The Inside Track to Careers in Real Estate.  Author Stan Ross, Chairman of the Board of the USC Lusk Center for Real Estate and Distinguished Fellow--along with contributing author James Carberry, and with publisher the Urban Land Institute--assembled the most

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