McCoy Book on Ethics Key in Today's Environment
Bowen H. "Buzz" McCoy wrote Living Into Leadership: A Journey in Ethics several years ago, but the principles he discussed are particularly relevant today. "Ethics is what you are willing to lose for," he explains. (Read Ken Riggs' review of McCoy's book by clicking here. (Reprinted from The Counselor, Fall 2007 issue, with permission from The Counselors of Real Estate.)
U.S. and Chicago Economies Struggling
This zero-sum decade certainly has had its share of winners and losers (mostly losers). As Ken Riggs points out in the kick-off presentation to the NCREIF Summer Conference, investors have lost both trust and confidence in the economy and the markets.... click here to access PowerPoint presentation
Holistic Asset Strategies Offered for Today's Challenges
Today's commercial real estate investment conditions call for both a depth of experience and new strategies. In response to this need, RERC Real Estate Solutions, an affiliate of RERC, has built a team of highly-qualified managers and advisors to address the complex issues associated with the valuation, management, liquidation, or improvement of distressed real estate assets. According to Jules Marling, III, RERC Real Estate Solutions will maximize...click here for complete article
Real Estate Travels Uneven Road to Recovery
Despite some positive indicators in the economy, the retail property sector continues to struggle, as explained by Ken Riggs in Commercial Property News Online. Tied to consumers and reflecting their spending habits in this uneven road to recovery, the sector received the lowest return-versus-risk rating from institutional investors... see May 26, 2009 issue of CPNonline...
Investors Determined to Overcome New Depths
Commercial real estate has yet to see bottom, but investors committed to this asset class are determined to overcome the depths of this recession and the challenges facing the industry. As noted in the current issue of the RERC Real Estate Report, the losses in this recession appear to be more severe than what the industry suffered in the 1990s. click here to purchase
2Q '09 CRE Investment Trends
Ken Riggs paints a sobering picture of the market and provides more insight from the second quarter 2009 edition of the RERC/CCIM Investment Trends Quarterly. Riggs predicts a recovery may be 4 quarters away, given the lag time involving commercial real estate sales and rents. But he’s optimistic that there are opportunities, and he predicts the industry will be stronger in the long term.
CIRE Magazine Forecast Update
RERC's Ken Riggs talks about what strategies property investors can use to benefit in the economic downturn. Ken's 2009 forecast for commercial real estate appears in the January/February 2009 issue of Commercial Investment Real Estate.
Deleveraging Continues
CCIM Institute members receive Ken Riggs' straightforward perspective as to when volatility will subside. He also comments on the troubled retail sector, and points out what markets offer investors the best opportunities in the months to come.