The Seven for 2011

The following text is taken from an article I wrote for both Apartment News Magazine February 2011 & the forthcoming Institute of Real Estate Management Los Angeles Digital Magazine-1st Quarter 2011. Continue reading below...The Seven For 2011By: Nicholas A. Dunlap, CPM2011 is upon us and for property owners, it’s back to business as usual. As … Continue reading The Seven for 2011 →

Thoughts On the Newest 2011 Economic Outlook

Thoughts On the Newest 2011 Economic OutlookBy: Nicholas A. Dunlap, CPMOrange County will lead the Southern California economy out of the recession next year, at least according to an outlook published yesterday by the Los Angeles Economic Development Corporation. Job losses, though down, will continue through the end of the year and firms small to … Continue reading Thoughts On the Newest 2011 Economic Outlook →

Indecisiveness Shared Amongst Multifamily Investors

Indecisiveness Shared Amongst Multifamily InvestorsBy: Nicholas A. Dunlap, CPMShared sentiments in recent studies published by The Wall Street Journal and Apartment Finance Magazine demonstrate high levels of indecisiveness amongst multifamily investors. Interest rates are down, as are property values but so is transaction volume. Then what gives? Fear of a double-dip recession leads some investors … Continue reading Indecisiveness Shared Amongst Multifamily Investors →

Don’t Believe the Hype

Don’t Believe the HypeBy: Nicholas A. Dunlap, CPMFor as much speculation as there has been on the looming Commercial Real Estate bust, the opportunities to acquire distressed assets in the Southern California area are minimal at best. What’s more, the fundamentals are now comprised of flat rents (somewhat stable in comparison to 2008 & 2009), … Continue reading Don’t Believe the Hype →

Wall Street on Contrarians & Commercial Real Estate

Wall Street on Contrarians and Commercial Real Estate By: Nicholas A. Dunlap, CPM The Real Estate section of yesterday's Wall Street Journal boasted an interesting headline that fitly described the current real estate investment climate. “Beaten down and bid up” it proclaimed, in reference to the Commercial Real Estate market and specifically the Real Estate … Continue reading Wall Street on Contrarians & Commercial Real Estate →

Good News From Westwood

Good News From Westwood By: Nicholas A. Dunlap, CPMUCLA’s School of Economics announced today its beliefs that the State of California is just a year away from economic recovery. Though unemployment will remain in the double digits through the end of 2011, by 2012 UCLA projects the unemployment rate at just below 10%. While there … Continue reading Good News From Westwood →

The Asking Price Is Just That

The Asking Price Is Just ThatBy: Nicholas A. Dunlap, CPMYesterday I received an email from Loopnet, a commercial Real Estate listing and data service that we subscribe to, that I found to be of interest. The email furnished a statistical run of the 4th Quarter of 2009 and pointed out that while sales activity is … Continue reading The Asking Price Is Just That →

Pie in the Sky

Pie in the SkyBy: Nicholas A. Dunlap, CPMTen percent rent hikes in this market? Sure, it’s a nice idea. I guess this would apply to the complexes where vacancy rates had increased so dramatically that teaser rates, free rent and other such promotions were introduced in exaggerated form. But really, ten percent hikes? I guess … Continue reading Pie in the Sky →

The Numbers Speak for Themselves

The Numbers Speak for ThemselvesBy: Nicholas A. Dunlap, CPMThere is no better way to combat the effects of a down economy than good old-fashioned hard work. Through extensive marketing campaigns, enhanced on-site efforts and thorough market knowledge, we are outperforming the competition. Portfolio wide, we have only 11 units unaccounted for by way of application … Continue reading The Numbers Speak for Themselves →

Off On the Wrong Foot?

Off on the Wrong Foot?By: Nicholas A. Dunlap, CPMThe first full business day of the new year and there is already talk of interest rates being raised. Ben Bernanke wasted no time in announcing at a meeting with the American Economic Association that he would be vigilant in assuring that recent experiences will not be … Continue reading Off On the Wrong Foot? →