10 Must Reads for the CRE Industry Today

___MAIN 1112










I attribute my success to this: I never gave or took any excuse. –Florence Nightingale



Jan 5, 2015Elaine Misonzhnik, Susan Piperato and David Bodamer (January 5, 2015)prediction

  1. Look for Fed Rate Increase Mid-Year Even as Inflation Remains Mild“Economists are slashing U.S. inflation forecasts for 2015 as oil prices tumble. What’s not changing are predictions that the Federal Reserve will raise its benchmark interest rate anyway, probably around mid-year.” (Bloomberg)
  2. Ellington Exits Single-Family Rental Foray in Big Sale“Ellington Management Group LLC has gotten out of the rental-home business. The investment firm founded by Michael Vranos that specializes in mortgage-backed bonds sold 900 houses to American Homes 4 Rent (AMH) for about $126 million, according to a Dec. 31 statement from the real estate investment trust.” (Bloomberg)
  3. The State of Washington Commercial Real Estate, in Charts“For all the concerns about Washington-area commercial real estate, and there are many, there also are reasons to be optimistic about the market in 2015. With a slowdown in leasing that began more than three years ago, tenants with expiring leases have had their choice of options recently.” (The Washington Post)
  4. The Near-Term Outlook for Commercial Real Estate“Diversification into real estate is often is interesting in many ways, but the timing of markets can also play a role. Here, we share an interview with Jay Kerner, the CEO of U.S. Realty Partners, about the current state of the commercial real estate market. Jay has over 29 years of experience in the acquisition, development, operation, leasing, and management of shopping centers, multi-family, and mixed-use properties.” (NuWire Investor)
  5. Top 10 Sovereign Wealth Fund Game-Changers of 2014“Highlighting the importance of sovereign investors, sovereign wealth funds surpassed U.S. $7 trillion in assets, being a bigger investor market, in terms of asset under management, compared to U.S. defined-benefit plans.” (SWFI)
  6. A Decline in Problem Mortgages“While the lingering effects of the housing-market collapse continued to recede last year, millions of homeowners will still struggle in 2015 and beyond. Nationally, foreclosures and serious delinquencies have dropped significantly from a year ago. And the share of underwater homeowners (who owe more than their homes are worth) is down almost by half since the 2012 peak.” (The New York Times)
  7. Five U.S. Tech Hubs You Probably Didn’t Know About“Move over Silicon Valley. The current tech boom is not just in the Bay Area, and some unlikely cities are gaining traction as key hubs. While places like San Francisco, New York City and Austin, Texas, are often cited as thriving tech areas, other areas are gaining ground.” (CNBC)
  8. Alliance-Walgreen Merger Means KKR Triples Its Money“KKR this week swapped its remaining stake in Alliance Boots for $4.7 billion in cash and Walgreen shares when Deerfield, Illinois-based Walgreen completed the deal, according to a person familiar with the matter, who asked not to be named because the information is private. That boosted KKR’s return on paper to about $7 billion, or almost three times the amount the buyout firm invested in the 2007 deal.” (Crain’s Chicago Business)
  9. How Jana Partners Got a Quick Pet Smart Payday“Jana’s campaign was classic activism; it suggested PetSmart put itself up for sale and then sent a flurry of letters to the board complaining that the company wasn’t taking its advice. In the final letter, Jana threatened to release some damaging internal documents it had received as a result of its activist stake.” (New York Post)
  10. What’s Happening to New York’s Skyline?“Get used to the rise of what are called pencil towers. There will be more, with a dozen or so planned in the next several years in mid-Manhattan, as the city’s silhouette yields to a new era of Slim Jim buildings with small footprints that build straight up, not out, as 432 Park does from a base of only 93 feet by 93 feet.” (The New York Times)



I am actively looking to build relationships with Real Estate Investors and Owner / Users for Phoenix  –  Scottsdale   –  Tucson   –  Maricopa County  – Pima County  –  Pinal County  –  Cochise County  –  Santa Cruz County   –Yavapai County  –  Gila County   –   Arizona ,  USA      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com




Timeline of Phoenix, Arizona history




Phoenix, Arizona




Facts of Arizona – year 1848 to 2013




Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Investment Properties in Phoenix.







View my listings and my profile at:





What is a CCIM?


Join My Mailing List



Please go to my web-site and get all the newsflashes and updates in Commercial Investment Real Estate in Phoenix and Commercial Investment Properties in Phoenix daily





Check out my professional profile and connect with me on LinkedIn.



Follow me on Facebook:



Follow me on Twitter:




Follow Me on Google+



Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.




we are at on the a rise of the cycle in Commercial Real Estate.  so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix.  The prices on deals I may get you will not be around forever.


If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us. 


Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207 or Office:480-948-5554




Thank You


Walter Unger CCIM

Associate Broker,  West USA Commercial Real Estate Advisers

7077 E. Marilyn Road, Bldg 4, Suite 130

Scottsdale, AZ 85254

Cell:      520-975-5207   

Office :  480-948-5554

Fax: (480-658-1172  



View my listings and my profile at:





a little about me and my expertise – video


commercial-investment real estate adviser-land specialist




What is a CCIM?



Delivering the New Standard of Excellence in Commercial Real Estate 


  • Commercial Real Estate Scottsdale
  • Commercial Real Estate Phoenix
  • Commercial Real Estate Arizona
  • Commercial Investment Properties Phoenix
  • Commercial Investment Properties Scottsdale
  • Commercial Investment Properties Arizona
  • Land Specialist Arizona
  • Arizona Land Specialist
  • Land Specialist Phoenix
  • Phoenix Land Specialist
  • Land For Sale Phoenix
  • Land for sale Arizona
  • Commercial Properties For Sale Phoenix
  • Commercial Real Estate Sales Phoenix
  • Commercial Properties Phoenix
  • Commercial Properties Arizona
  • Commercial Land Specialist Phoenix
  • Commercial Land Phoenix
  • Multifamily land Phoenix
  • Retail Land Phoenix
  • Industrial Land Phoenix
  • Land Commercial Phoenix
  • Land Retail Phoenix
  • Land Industrial Phoenix
  • Land Multifamily Phoenix
  • Industrial Land for sale Phoenix
  • Land Industrial
  • P
  • Investment Real Estate


Disclaimer of Liability

The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.