Wednesday, April 3, 2013

Europe's Top Property Fund Shows Taste for Risk



Europe’s larger funds are pumping more money into US Real Estate as a safety hedge against their own economies. Good news for institutional quality assets Nationwide.

Thursday, March 21, 2013

Fed is expected to keep stimulus going even as recovery takes hold

This good news for Commercial Real Estate in the US as the government continues to prop up the economy and keep interest rates down. It definitely sets up a clash with those that want to trim the deficit and hold down government spending.

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Tuesday, March 19, 2013

Ex-Yahoos Confess Marissa Mayer Is Right To Ban Working From Home


The system of working remotely is not always what it is cracked up to be. Within Yahoo it has created a lifestyle of slackers and people that are so remote that they are difficult to get hold of. Tech innovation is about collaboration so when team members are not together you lose the water fountain culture. Here in San Francisco we are surrounded by Tech companies and the “working remotely” way. After the Yahoo incident one wonders if other companies will reassess this idea.

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Thursday, March 14, 2013

Private-Equity Real Estate Commitments On The Rise


It makes a lot of sense that investors will return to the same pot if the returns continue to be strong as they have been. The issue maybe if interest rates start to slowly climb and the economy remains flat the spread may not be as strong.

Some 49% of investors made new commitments in 2012 for private real estate funds and 53% expect they will make new commitments this year, according to Preqin. Improved returns have fueled investor interest in this asset class. CoStar Group (2/20)  



Tuesday, March 12, 2013

Opposition to continued bond buying grows within Fed



This could be the first sign of an increase in interest rates. Indicators are that borrowing has started to overheat.

Federal Reserve policymakers increasingly are arguing that the central bank's bond-buying program should be scaled back or shut down even before the unemployment rate declines significantly, according to minutes of the Fed's January meeting. News that the Fed is leaning toward withdrawing stimulus sent markets tumbling.

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Thursday, March 7, 2013

Cool Runnings, Kiwi Style



Latitude 38 Group's very own Tony Brettkelly has decided to embark on a new adventure as he joined the New Zealand bobsled team at the last minute on their quest for glory in the America's Cup in Lake Placid.  

What better way to rest and recover from a Tahoe knee injury than in a bobsled. 

Never a dull day in the life of a commercial real estate broker.