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When truth is stranger than fiction: A CRE Microcosm

By: Myles, July 18th, 2008

The Wall Street Journals Jonathan Karp provides a fascinating expose’, entitled HARD MONEY: Real-Estate Financier’s Death Hints At Trouble for Lenders, detailing a griping personal tale of Scott Coles and his company Mortgages, Ltd., that outlines a bizarre set of facts even greater than what fiction could believably spin.  
Unfortunately this story is true, and arguably representative […]

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Good News, Odd News: Someone has to blink soon

By: Myles, May 6th, 2008

When it comes to predicting the future of the commercial real estate market, quirkiness is certainly in the air these days. Even when some good news finally appears, a cloud invariably seems to be lurking overhead.

Here is the good news. MIT commercial property price index turns higher. The cloud foreshadowing this good news is that […]

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Commercial Real Estate Market Going Green

By: Myles, December 28th, 2007

According to a special report from the National Association of Realtors green building is no longer considered an option in commercial buildings, but viewed as a requirement because much of corporate America has already embraced sustainability.
At least 70% of the corporations in the Business Roundtable, nearly all of which are Fortune 1000 members, have made […]

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Commercial Properties Going Green

By: Myles, November 9th, 2007

According to a PR Newswire release, almost two-thirds of those responding to a recent nation-wide commercial real estate survey that focused on applying green technologies to existing commercial buildings have budgeted funds for green building initiatives. Most of those surveyed also said they expect their investment in sustainability to increase next year.
Results of the survey, […]

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