Young homebuyers follow jobs, affordability, economist says
By SAMANTHA HENRY, The Daily Transcript Thursday, August 22, 2013 It’s important to target real estate acquisitions and unload properties near where Gen Y and Gen X live because some day they’ll want to move out of their apartments and into single-family homes, said Nathan Moeder, principal at The London Group Realty Advisers. Younger generations are gravitating [...]
QIC Global Real Estate Due Diligence Assignment
Last month, QIC Global Real Estate announced the signing of an agreement to form joint ventures to recapitalize and invest in a portfolio of eight of Forest City Enterprises’ regional malls located across the U.S. valued at more than $2 billion. QIC is Australia’s third-largest institutional investment manager, with more than $70 billion in funds [...]
Downtown Is Now Facing a Defining Moment
By Gary H. London As Published in the San Diego Business Journal: June 10, 2013 Internet retail giant Amazon.com recently announced expansion plans for downtown Seattle, including a 65,000-square-foot “biosphere” made up of three glass-and-steel domes as part of a three downtown block acquisition with plans to build 3.3 million square feet of office space. [...]
Little Italy is Growing Up
By: Alan Nevin As Published in The Daily Transcript: May 9, 2013 I have just returned from Boston where Little Italy is really Big Italy. Cannoli and gelato rule the day. The entire North End of Boston is inundated with great restaurants, great street scenes and real live Italians. I really don’t anticipate that we [...]
Lodging Forecast 2013 – Spring Update with Digital Marketing as Change Agent
By: Robert Rauch, Principal April 5, 2013 The venerable institution of hospitality has been turning around over the past two decades. The combined impact of shifting demographics and new technologies are the primary catalysts for this metamorphosis. The Internet provides consumers an opportunity to think of the hospitality industry components as commodities. Hotels, restaurants, spas [...]
San Diego Apartments – The Biggest Game in Town
By: Alan Nevin As Published in The Daily Transcript, March 5, 2013 Most economic indicators in San Diego County are moving at an acceptable pace. Our population is growing. We gained 20,000 jobs in 2012 and it looks like we’ll do the same or better in 2013. Our sales tax revenue was up more than [...]
10 Vital Success Trends All Hoteliers Should Know
By: Robert Rauch, Principal 1 - 2013 is A Recovery Year The tourism market has outperformed the economy over the past year. Employment levels continue to be weak and growth in consumer spending lags along with consumer confidence. Europe is on life support and China, while enjoying a strong economy in recent years is showing signs [...]
Plan Fits the Time, the Place and Aesthetic
By: Gary London As Published in the San Diego Business Journal, February 18, 2013 Last week I reviewed the plans for the One Paseo project, a proposed 1.4 million-square-foot mixed-use development to be located at El Camino Real and Del Mar Heights Road in Carmel Valley. Issues have been raised, particularly as to its “urban” [...]
One Paseo Is What Change Should Look Like
By: Gary London As Published in the San Diego Business Journal, February 11, 2013 A heart is about to be transplanted into San Diego’s Carmel Valley, a neighborhood where community members and planning commissioners all agree that none currently exists. On the 23 acre vacant southwest corner of Del Mar Heights Road and El Camino [...]