About This BlogUnvarnished truth. Consultant Jonathan Miller (Miller-Ryan) has compelling views on the market, and he shares them with GlobeSt.com subscribers.
Paris Theme Park
Europe essentially remains in the doldrums, and the French economy begins to look more like Italy’s or Spain’s and less like Germany’s, while the Germans feel the drag of the rest of the region.Read More
No Free Ride
High speed rail in the United States continues to go nowhere fast…Read More
Back East we’re freezing and snow covered. Out West, we’re getting thirstier…Read More
Following the Money
Coming out of 2013, the big institutional core real estate funds reportedly are scoring handsome low-to- mid-teens annualized returns, continuing an excellent run. Concentrating investments in the major urban areas has been paying off as capital continues to flood into these markets, creating cap rate compression in an ongoing low interest rate environment. Over the last several years, apartments had a nice spike, now industrial real estate is taking over, Class A office in the best submarkets generates NOI growth off renter demand for flexible and sustainable space, and those good old fortress malls continue to score, attracting all the top retailers, who winnow positions in lesser shopping centers.Read More
Happy New Year! Will It Be?
In the real estate world, 2014 will be more of the same. And so you want something more exciting and different? Look it could be a lot worse…Read More