Archive for January, 2009

Extreme Makeover: Bankruptcy

The recent bankruptcy filing by short-lived Texas home builder Wall Homes is bad news for private-equity outfit Warburg Pincus.
The academic sector in Madison, Wis., is seeing a building boomlet while developers in other parts of the country slam the brakes on new buildings.

Tech & Real Estate

My buddy Eric Richardson wrote a nice piece on the new Rowan Lofts building that is opening up in downtown LA. What’s interesting is not the building itself or the 79 large living spaces or even the fantastic auction that will be held to sell each of the lofts.  It is the new software being used to manage the auction. Read the rest of this entry »

As Vacancies Grow, Landlords Open Wallets

Landlords in the U.K. are expected to step up tenant incentives as office buildings, shopping centers and other commercial property head for another year of falling values.

Dubai Tower Delayed Amid Cutbacks

Construction of a skyscraper slated to be the world's tallest is being delayed as Dubai struggles to avoid a hard crash.

Apartments Try to Stay Afloat

The rapid reversal of fortunes in commercial real estate is taking down yet another sector: apartment complexes.

Construction Industry Counts on Obama

As the Obama administration assembles its stimulus plan, many contractors are lobbying for projects that will spend money fast rather than focusing on longer-term policy goals.

For those investors who are always looking for loopholes or ways to “get over” the establishment, let me tell you: You can’t beat the system. You can, however, use it for your own benefit and gain. But you can’t beat it.

Let’s say, for instance, that you wish to negotiate with the lienholder to get better terms on a mortgage, but are told they will not change the loan unless it is in default. Should you stop making payments to make that happen? Read the rest of this entry »

Commercial Sector in California to Worsen

California's Inland Empire has gone from a booming development smorgasbord to a basket case in a few years.

Price Drops to Continue

Home prices are likely to be lower in two years in more than one-quarter of the nation's housing markets, according to a new study.