Now that the reality of the credit market crisis, which really began in July 2007, has fully taken effect, 2009 has been a period of repositioning within the market. Ironically, the repositioning will be a “return-to-the-old”. Commercial real estate values are returning to the core fundamentals that always drove the market prior to the rise [...]
Archive for Goverment
The Chasm Between Buyers and Sellers
Values Search For The Point Of Inflection
As many property owners are well aware, their properties have quite possibly lost value over the past year. Many of these investors are either (a) stuck holding their properties with blind hope that values will reach the inflection point (point where values change from decreasing to increasing) and begin to regain their recent losses or [...]
Circuit City vs. Best Buy
Circuit City lost its battle with the recession early in the game and was forced into chapter 11 even after the initial closing of 155 poorly performing stores across the Midwest. With a lackluster showing of buyers to purchase existing leases and bleeding capital at the seams; no other choices were left but to close [...]
Consumer confidence and its intrinsic relationship with retail
Consumer confidence is at a 40 year low of 37.7 in January of 2009 compared to 87.3 in January of 2007. A little background on consumer confidence: the index started in 1967 and was at 100 in 1985. What does this all mean for the retail industry? Consumer confidence is intrinsically tied to retail. It’s [...]