Commercial Real Estate Finance

Posts Tagged ‘JLL’

Today we have videos touching on a variety of asset types, including hospitality, office, retail, and medical office properties.

Let’s start with hospitality. Here, a somewhat subdued Jim Cramer discusses investment in lodging companies and speaks to Monty Bennett, chairman and CEO of Ashford Hospitality Trust (NYSE: AHT):
Read the rest of this entry »

Today, we have two interesting videos from the busy researchers over at Jones Lang LaSalle (NYSE: JLL). First, we have an interview with Steve Ondrejack,  VP Logistics for Modell’s Sporting Goods. He discusses the ongoing effects of e-commerce on his company and the brick-and-mortar retail sector: 

Read the rest of this entry »

Sadly, this follow-up to our Top 10 Hospitality Markets for Acquisitions and Top 10 Hospitality Markets for Development is much less optimistic. Once again drawn from international investor sentiment, tallied and published by Jones Lang LaSalle Hotels (NYSE: JLL), here’s a ranking of the Top 10 International Hospitality Markets in which to SELL:

 10. Milan

9. Riyadh

8. Atlanta

7. Brussels

6. Marrakech

5. Jeddah

4. Birmingham Read the rest of this entry »

From Jones Lang LaSalle Hotels (NYSE: JLL) and its Investor Sentiment Survey, published last month, here are the Top 10 International Markets for Hospitality Acquisitions:

10. Philadelphia

9. San Diego

8. Montreal

7. Los Angeles

6. Miami

5. Istanbul

4. Boston Read the rest of this entry »

Mad Money’s Jim Cramer rolls up his sleeves and actually sits down to discuss consumer confidence and retail opportunities with Kimco (NYSE: KIM) CEO David Henry: 

Read the rest of this entry »

As in the rest of life, there are very few black-and-white issues when it comes to investing in and developing commercial real estate. Efforts to promote green energy and sustainability are a perfect example. While most of us have seen An Inconvenient Truth, or pictures of melting ice caps, or at least noticed that last winter was awfully warm, the desire to develop or redevelop properties in a way that is environmentally responsible must be weighed against the desire not to go bankrupt.

In this week’s fascinating Executive Interview, Iron Stone’s Jason Friedland discussed some of the material choices he has faced while redeveloping major properties:

We pursue redevelopment strategies that make financial sense, so our model of adaptive reuse is inherently “green.”  For example… we used soy-based insulation instead of traditional materials because it was faster to apply and effectively provided an unbroken blanket of insulation.  While the material was more costly per square foot, the labor savings gained from faster application of the soy product made more financial sense.

While a more environmentally friendly alternative material like this may be more expensive, it may also provide advantages like long-term energy savings (better insulation = lower heating/cooling costs) or, in Mr. Friedland’s example, lower labor costs for installation. Read the rest of this entry »

We all learn this lesson at one point or another in our lives: Stick to what you know.  Its an age-old adage that proves true in the world of commercial real estate.  Asking a developer with a track record in retail development to build a hotel is a recipe for disaster.  Asking an office broker to underwrite an apartment complex could be similar.  But more glaring than the obvious scenarios mentioned above is the case of real estate investors, like the California Public Employees’ Retirement System. A recent Wall Street Journal article details their harrowing journey. Read the rest of this entry »

The Week of September 5-11

- And the REIT deleveraging continues…

- The toilet is starting to overflow, as five more banks got flushed.

- A huge Colorado condo development owner has filed for Chapter 11.

- A recent study by Jones Lang LaSalle shows that CRE velocity will pick up, while values will remain flat.

- Where GM might have failed, GE plans to succeed. Read the rest of this entry »