10 Must Reads for the CRE Industry Today

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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

 

 

1

Timeline of Phoenix, Arizona history

 

http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history

2

Phoenix, Arizona

 

http://en.wikipedia.org/wiki/Phoenix,_Arizona

3

Facts of Arizona – year 1848 to 2013

http://walter-unger.com/?p=9507

 

4.

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.

 

walterunger@ccim.net

 

1-520-975-5207

 

 

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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.

 

WHETHER YOU LEASE OR OWN  NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST IN REAL ESTATE

 

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

 

www.Walter-Unger.com

 

Thank You

Walter

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  

walterunger@ccim.net

 

View my listings and my profile at:

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www.Walter-Unger.com             

 

a little about me and my expertise – video

 

commercial-investment real estate adviser-land specialist

 

https://www.youtube.com/watch?v=PPs3kpKR4nY

 

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