The meltdown of an accounting powerhouse, brings another, similar change to mind. In the late 1980s, after the S&L collapse, government and appraisers alike tried to fix the “appraisal problem.” Inadequate appraisal standards, it seemed,…
The balance has shifted. An empty train car and no saxophone music. These were the first tangible manifestations of change. A client needed me in California in late September, and I took the subway to…
You shouldn’t have missed it. Odds are, you did. About 15% of Counselors attend a given meeting. Those who do are accustomed to seeing the same faces, which means that, you probably missed the Chicago…
Last week I went to a fly-in conference of another organization. Its focus was on corporate real estate issues facing financial institutions. The material was deep and loaded with detail. The speakers were the top…
Real estate is the final frontier for business trends. Its long life, illiquidity, and inconsistency mean that any sea change hits everyone else first. Globalization, an established factor in most sectors, is finally touching real…
How should real estate respond to e-commerce? We’re all asked this question more and more frequently, and yet the landscape changes on a daily basis. The mid-year Toronto meeting to get the CRE perspective. But…
The year 2000 is here, and Y2K is behind us. What to do with excess supplies of canned food, bottled water and mild chagrin? Surely there are more pressing issues ahead of us. It’s time…