Real Estate
The most interesting, and perhaps the most important, moment in philosophy in the last decade occurred on October 28, 2008
George Bush may be the poorest one in the hood with an ranch home worth only $3 million. After reading around, we came up
We are in clearly uncharted waters when it comes to the U.S. recession. There are no rules that apply -- we're trying to figure this thing out as we go along.
Four years ago when I was writing snail mail newsletters, I wrote one about residential real estate agents. I opined that
WHAT'S HAPPENING
A bad economy will cause increased defaults in commercial real estate, but nothing even approaching what happened in the residential world.
I have always viewed myself as a farsighted person, a visionary who, like a great leader, could clearly see the world around me. However, I now know I'm a nearsighted person.
Sam Zell doesn't understand his employees or his consumers. He thinks they are like he is -- dumb, self-interested, and greedy. And they're not.
Take a creaking CMBS market, mix in some leverage and voila: liquidation, just like that. The Journal reports that one of
Charming 2b condo in completely renovated landmark mansion unit overlooks historic drexel blvd. And features 10' ceilings
Existing home sales continue in the Chicago metro area fell 17.7 percent from a year ago to 5,397 sales in October properties