Pulse of the Market : From the Heels of Next Realty Historically, the US has had a real estate cycle of approximately 18 years. But 2013 doesn't seem very different from 2006, which was only 7 years ago. Many acquisitions in 2010 and 2011 are proving out to be grand slams. In hindsight, you almost • Read More »
We used to say “location, location, location” to identify a property’s value as an investment. A couple of years ago, in the midst of recession, I coined the phrase “Location, Liquidity and Luck” as the new 3 L’s of real estate. Using this concept to benchmark current progress in the industry, we can identify strides • Read More »
Next Realty Leases Space at Three Area Shopping Centers; Activity Totals Approx. 10,000 Square Feet Northbrook, Ill. (January 29, 2014)—Next Realty, LLC has announced the completion of lease transactions totaling more than 10,000 square feet at three of its shopping centers in the Chicago metropolitan area. The transactions were announced by Marc Blum, president of • Read More »
The payoff line to an old commercial for an automotive service center went something like, “You can pay me now, or you can pay me later.” In pushing a specific type of oil, it played off the concept that failure to complete a routine oil change with quality products now could result in more significant • Read More »