It’s Value-Added, Not Value-Add. How an Experienced Developer Learned to Understand the Difference.
Jun12

It’s Value-Added, Not Value-Add. How an Experienced Developer Learned to Understand the Difference.

By: Norman Radow, The RADCO Companies Five years ago, I toured a 1971 vintage unrenovated deal we recently acquired. We had just delivered our first renovated apartment. The renovation boasted new flooring, resurfaced cabinetry, new appliances, vents, switch plates, and safe wiring. We also added GFI circuits to the kitchen and bath. Although a vast improvement, many of the new finishes posed problems. There were issues with the...

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How financial markets impact property values
Jun01

How financial markets impact property values

This originally appeared on Stan Sonenshine’s blog on the PREF website. Until the early 1980’s, real estate values were dependent on what I call real estate fundamentals—location, product quality, supply and demand. As a rule, financing provided investors and developers inexpensive, long-term capital but had insignificant impact on property value. Therefore, they held properties for long periods of time and often made money by paying...

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Just what does investment, asset management and finance mean in CRE?
May19

Just what does investment, asset management and finance mean in CRE?

By Leslie Burke, Athena Real Estate Advisors   Many CREW Members are engaged in some aspects of the “bricks and sticks” of CRE, whether it is property management, project management/construction, brokerage, or vendors.  But there is another side of CRE that deals with investment, asset management, and finance. Just what exactly do these gals do?   Investment in the CRE world means dealing with property owners. For large CRE...

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International Invasion in Georgia Real Estate
Mar18

International Invasion in Georgia Real Estate

By Bruce Kellogg, MAI, FRICS, Managing Director- MG Valuation Foreign Direct Investment (FDI) is a large part of the U.S. economy, and recent investment has been dominated by China. Over the past fifteen years, Chinese firms have spent approximately $46 billion on acquisitions in the U.S., most of it in the last two to three years.[1] While high-profile Mergers & Acquisitions (M&A) transactions get much of this publicity, the...

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