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Real Estate Issues

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KAIROS -- THE CRITICAL MOMENT -- COMES TO THE ECONOMY.
For the Winter 1999/2000 edition of Real Estate Issues, I titled this column "The End Isn't Near... But Repent Anyway." The theme of that essay was that, as the economic expansion of the '90s . . .

BUSINESS, FAITH & ETHICS: MAKING THE CONNECTION.(The Counselors of Real Estate, conference)
INTRODUCTION In February 2001, The Counselors of Real Estate held a conference in Tucson, AZ, which featured 10 speakers on the subject of Business, Faith and Ethics, Making the Re-Connection. . . .

USES OF INFORMATION TECHNOLOGY IN THE REAL ESTATE BROKERAGE INDUSTRY.(survey, United States)(Statistical Data Included)
INTRODUCTION It is now possible for someone working at their computer to tour a property and its surrounding neighborhood and/or get approved for a loan without using a real estate broker or . . .

SMART GROWTH: PRACTICAL OR P.R.?(California, economic infrastructure policy)(Statistical Data Included)
California attempts to plan for expected explosive growth by adopting "smart- growth" policies. However, the fetching title masks the challenges ahead. The current pace of growth in California is . . .

PUTTING KNOWLEDGE MANAGEMENT TO WORK FOR REAL ESTATE ORGANIZATIONS.(United States)
INTRODUCTION "Knowledge Management" has become an increasingly popular corporate term over the last decade. But what does it mean to you and your real estate organization? Generally, knowledge . . .

AGRICULTURAL CONSULTING: MANAGEMENT OF CITY PROPERTY.(Kansas City International Airport, Missouri)
OVERVIEW Our system of American government has grown in the belief that government knows what's best and rarely is there an opportunity for private firms to assist governmental institutions in . . .

FINALLY: AN "APPROVED" PROCESS FOR REVERSE EXCHANGES.(real estate taxation, United States)
INTRODUCTION Most commercial real estate practitioners, investors, CPAs, and attorneys have some involvement with tax-deferred exchanges under Code [ss]1031. [1] Under Code [ss]1031, there are . . .

THREE RULES FOR FORENSIC REAL ESTATE DAMAGE VALUATION: DEDUCTIVE, ADDUCTIVE, OR REDUCTIVE RULE?(analysis)
FORENSIC VALUATION: WHAT IS IT? Forensic real estate valuation is the application of economic principles and methodologies to answer questions of fact as to whether real estate values have . . .

THE FUTURE OF REAL ESTATE INFORMATION.(online services)
EVOLUTION OF REAL ESTATE STANDARDS "I don't see information technology as a stand-alone system. I see it as a great facilitator. And maybe more important, it is a reason to keep asking yourself . . .

LODGING INDUSTRY FUNDAMENTALS REMAIN STRONG DESPITE CAUTIOUS STANCE ON NEW DEVELOPMENT.(hotels and motels industry)(Statistical
While U.S. lodging fundamentals are generally strong, increasing economic trepidation may begin to affect lodging industry performance, as the Consumer Confidence Index has softened due to high oil . . .

EDITOR'S STATEMENT.(Real Estate Issues, overview)(Brief Article)
At this writing (early April), the mood of the investment community is growing somber. As signals of a weakening economy increase, anxiety is replacing cautious optimism. Consistent with other . . .

ABOUT THE COUNSELORS OF REAL ESTATE[TM].
The Counselors of Real Estate, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well . . .

REAL ESTATE DAMAGES: AN ANALYSIS OF DETRIMENTAL CONDITIONS & BROWNFIELDS: REDEVELOPING ENVIRONMENTALLY DISTRESSED PROPERTIES.(Br
hese two books provide entirely different treatment of similar subjects. Their titles offer clues to what they are about. Bell's book is principally on estimating damages caused by a wide variety . . .

FOCUS ON HOSPITALITY ISSUES.(Brief Article)
U.S. LODGING INDUSTRY UPDATE 2001-02 According to Smith Travel Research (STR), U.S. lodging industry RevPAR (revenue per available room) grew between 4 and 6 percent for 2000. . . .

FOCUS ON REITS.(Brief Article)
CRITICISM OF REITs GOES TOO FAR -- SELLING OUT OR MERGING ISN'T ALWAYS BEST FOR SHAREHOLDERS One of the latest fashions in the popular REIT press is to bash indiscriminately the management and . . .

FOCUS ON THE ECONOMY.(Brief Article)
READING THE TEA LEAVES One of my high school English teachers gave our class what many considered an insulting assignment. We were to report on a text called How to Read a Book, by Charles Van . . .

ELEMENTS OF CHANGE, STABILITY & UNCERTAINTY IN THE RETAIL REAL ESTATE MARKET.(Brief Article)
The threat of on-line shopping has been an unsettling factor in the retail real estate market for some time now. [1] While the recent problems of many "pure-play dot.com e-tailers" . . .

TAKING THE STRESS OUT OF DISTRESSED PROPERTY.(Brief Article)
After a decade of solid performance for the real estate market, REIT investment and other commercial real estate opportunities are greater than ever. Retail sales at shopping centers increased by . . .

LOGISTICS & THE RISE OF AEROTROPOLIS.(Brief Article)
More than a decade ago, futurist Alvin Toffler predicted that by the beginning of the 21st century one indisputable law would determine competitive success: survival of the fastest. [1] In . . .

BUILDING A REAL ESTATE BUSINESS BASED ON CORE COMPETENCIES.(Brief Article)
It is no secret that the real estate industry has undergone dramatic changes, and is likely to continue changing. Rapid consolidation within the industry, an evolution in occupants' real estate . . .

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