Archive for Bryan Ellis Real Estate Letter

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Commercial Real Estate a Two-Tiered Marketplace

The commercial real estate recovery is anything but even, according to the board chair of the Counselors of Real Estate, John Leary, who addressed the issue at the annual conference of the National Association of Real Estate Editors (NAREE) earlier
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22Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Real Estate Gossip Lawsuit Rages in Manhattan

And abuse is exactly what Christakis Shiamili, founder of Ardor New York Real Estate, is claiming he suffered at the hands of an NYC-based real estate review website that was operated by one of his competitors[1]. “I was never subject to such an attack
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21Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Nevada Bill Could Improve Bank Books

If signed into law, Nevada senate bill 136 will no longer require banks in the state to write down 10 percent of the value of their real estate holdings, which could make a huge difference particularly on the books of small, struggling banks[1].
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21Jun2011 | Bryan Ellis Real Estate Letter | Continued
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New Orleans Real Estate Market Needs Jobs to Grow

According to speakers at the University of New Orleans Economic Outlook and Real Estate Forecast Seminar last week, New Orleans is “in relatively good shape compared to the rest of the country” but will not experience significant growth or a true
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20Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Jobs in Real Estate: Appraiser

Probably one of the most well-known jobs in real estate is that of a real estate appraiser. Appraisers provide professional, objective opinions about the market value of a piece of real estate. There are many reasons to get an appraisal, including if a
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18Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Researchers with Credit Suisse Eye US Commercial Real Estate Market

In a new report titled “Commercial Real Estate: Has the Tide Turned?” Credit Suisse’s Customized Funds Investment Group (CFIG) team notes that “while sovereign debt concerns could delay the commercial real estate sector’s recovery in Europe…
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16Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Banks Facing New Real Estate Losses

Thanks to falling property prices, banks that participate in mortgage, home-equity and commercial real estate lending are still under strain and will “continue to incur losses due to ongoing weakness in real estate markets,” testified senior associate
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16Jun2011 | Bryan Ellis Real Estate Letter | Continued
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NYC DLJ Real Estate Capital Partners Take Over Retail, Rental Space on

DLJ Real Estate Capital Partners will be developing and expanding BLVD 6200, a retail and apartment space on Hollywood Boulevard in Los Angeles[1]. Citing “sustained rent growth and strong demand for high-quality apartments” that are new in Hollywood,
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15Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Investors are Better than the Banks

Thank you for reading the Bryan Ellis Real Estate Letter! Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it’s old legislation like Jimmy Carter’s Community Reinvestment Act or
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15Jun2011 | Bryan Ellis Real Estate Letter | Continued
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Massachusetts AG Settles Discrimination Suit

Martha Coakley, the Massachusetts attorney general, recently announced that two real estate companies had settled in two anti-discrimination and lead paint lawsuits[1]. The company in question, Top Real Estate & Development, Inc., refused to rent or
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14Jun2011 | Bryan Ellis Real Estate Letter | Continued