Here’s a thought-provoking video to leave you with for our holiday weekend.
Rudin Management President William Rudin on the future of the commercial real-estate market. Via CNBC:
The bottom is in sight for commercial real estate, at least in the U-K … it looks like REITs have seen the bottom of their market as well … and it’s all “green” for Symantec in Oregon. Those stories and more .. in the latest edition of the Sibdu News podcast. Click the triangle below to play the newscast.
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
You can also subscribe to the podcast via iTunes — click here to do so. Or you can subscribe to the direct XML feed for the podcast, for viewing in your favorite feed reader.
A quick note - because of the July 4th holiday, the next time we’ll be on the “air” with a Sibdu News podcast will be next Thursday, July the 9th. Have a good holiday weekend.
Sibdu will soon be coming out of beta and fully launching! Connect with professionals involved in all facets of commercial and investment real estate, through Sibdu. Whether its brokerage, architecture, construction, property management, insurance or any other field that makes up the entire CRE market, Sibdu is the place to be to find those valuable associates. It’s all at Sibdu, and it’s all FREE! You can sign up today as well.
Realcomm 2009: Chicago is now in the history books. As I said in last week’s Sibdu News podcast, the crowds were definitely smaller than they were when I last attended (two years ago in Boston), but the people who were there seemed very focused on the business of using technology in real estate.
That’s good, considering the conference was all about real-estate tech. What I mean, though, is that the attendees who were able to attend this year — those who were lucky or good enough to get past travel restrictions and other budget considerations by their companies — seemed to be much more focused on the conference and discovering what’s available out there for their businesses.
Other thoughts about the tech, as well as Web 2.0 and real estate, after the jump.
Our friend and partner Kimberly Manning at Emerging Resource Group just told me of a Internet-based radio show she’s going to be on tomorrow. The topic is on how to stop overpaying on property investment taxes, and cost segregation services.
Cost segregation refers to the process of determining property costs and components to calculate depreciation values for federal income tax. It works as a tax-deferral tool by allowing property owners to accelerate the annual depreciation rate of their properties. Cost segregation is normally used in new construction, renovations or acquisitions, and can reduce a property owner’s federal income tax by increasing annual property depreciation values.
Believe me, especially nowadays anyone who touches the commercial real-estate process needs to know about this topic — whether you’re an owner of property, a developer, or someone who makes it her or his business to consult others on their properties. I strongly recommend you make time in your busy day to listen.
The show is on tomorrow (Wednesday, 07/01/09) at 11:00 AM EDT/8:00 AM PDT. You can listen to it at IncomePropertyInve$tmentTalk.com — there’s a big ol’ button near the top of the page you can use to “tune in.” The show is hosted by Peter L. Mosca and Dean Essa, and also features Jim Shreve of Cost Segregation Services, Inc. (CSSI).
It’s appointment listening! Although if you can’t listen to it live, you should be able to access it later as well.
Join Sibdu today, and connect with professionals involved in all facets of commercial and investment real estate. Whether its brokerage, architecture, construction, property management, insurance or any other field that makes up the entire CRE market, Sibdu is the place to be to find those valuable associates. It’s all at Sibdu, and it’s all FREE!
Property investments in Manhattan sink to a new low … the Great White Way gains a shade of “green” … and a major office property overseas enters the “sold” column. Details on those stories and more, in this edition of the Sibdu News audio podcast. Click the triangle below to play the newscast.
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
You can also subscribe to the podcast via iTunes — click here to do so. Or you can subscribe to the direct XML feed for the podcast, for viewing in your favorite feed reader.
Join Sibdu today, and connect with professionals involved in all facets of commercial and investment real estate. Whether its brokerage, architecture, construction, property management, insurance or any other field that makes up the entire CRE market, Sibdu is the place to be to find those valuable associates. It’s all at Sibdu, and it’s all FREE!
Will Europe or Asia see the first commercial real-estate recovery … there’s a way for developers to get energy grants directly from Uncle Sam … and a look back at this week’s Realcomm conference in Chicago. Those stories and more .. in the latest edition of the Sibdu News podcast. Click the triangle below to play the newscast.
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
You can also subscribe to the podcast via iTunes — click here to do so. Or you can subscribe to the direct XML feed for the podcast, for viewing in your favorite feed reader.
Sibdu will soon be coming out of beta and fully launching! Connect with professionals involved in all facets of commercial and investment real estate, through Sibdu. Whether its brokerage, architecture, construction, property management, insurance or any other field that makes up the entire CRE market, Sibdu is the place to be to find those valuable associates. It’s all at Sibdu, and it’s all FREE! You can sign up today as well.
The question is … how much needs to be done? Here’s one analyst’s take (via Reuters):
Fifty percent-plus writedowns? Ouch! What’s your take? Let us know in the comments below.
Just a quick reminder that I’m on a panel regarding social networking and commercial real estate at the big-un Realcomm conference today in Chicago.
The actual conference started yesterday with a “pre-conference;” the actual confab starts today and goes through tomorrow.
Here’s the full description of my panel, and the people involved in it:
How to Make $$ Thru Social Networking (Brokerage 2.0 track)
Session Description:
Find out directly from the experts at/on Twitter, LinkedIn, Facebook, CREOPoint, RealEra and Ning exactly how to innovate right now by using their social networks for business networking, new business development, best practices, endorsements, specialty group discussions, client/prospect research, referrals, job searching, and much, much more. If you desire to make more money this year while distinguishing yourself from your competition, then you will not want to miss this session.
Date: 6/23/2009 (Tuesday - today!)
Time: 2:30PM - 3:45PM
Location: Grand Suites 5, Hyatt Regency Chicago
Moderator: Geoffrey Kasselman, President, Op2mize, LLC
Speaker: Bob Woods, Partner (Operations), Sibdu
Speaker: Michael Montero, Chief Technology Officer, REOL Services/CityRealty.com
Speaker: Steve Fretzin, President, Tekworking.com and Networkmonkey.com
Although this particular session is in the Brokerage track, I think anyone attending the conference will get a lot out of it. So I’m hoping to see a good mix of people in the audience. And from what I hear from the organizers, this panel is one of the most-anticipated ones of the conference.
I’ve also started a Realcomm group at Sibdu. You can sign up for our social network (remember, it’s free!), and discuss anything and everything you heard or saw there … or even while the conference is happening. You can ask questions, share your thoughts, post jobs, include yourself in the group’s directory, and even post inventory or RFPs to it.
And of course, you have access to the entire Sibdu network of features when you join to take advantage of the Realcomm community and experience.
In addition, I will be using Twitter to “broadcast” my observations from the show, though. You can follow my Twitter stream to catch the latest happenings from Realcomm. I’m assuming that others will be twittering from there as well … like I said, the hashtag to follow along via search.twitter.com is #realcomm.
I’ll also have my little Flip video camera with me, to record the sights and sounds, and to talk with all sorts of people about commercial real estate. Those videos will appear here on Sibdu Blog .. I’m just not sure when. If you see me, say “hi” and chat. Update - 06/25, 10:45 AM: Unfortunately I had a problem with the camera, so there’s no videos. I did see a camera crew there, though, so if I find out where those videos are, I’ll either link to them or embed them here on the blog.
Enjoy!
As you may have heard on the Sibdu News podcast last week, I’m going to be at Realcomm 2009 tomorrow and Wednesday.
If you’d like to meet and say hi, you e-mail me (at bob-at-sibdu-dot com — sorry, don’t want spammers getting that address so easily), and we can arrange something. I’d like to get a whole group of people that Tuesday night, if possible. If you’re there and have access to Twitter through a mobile device, check the #realcomm hashtag for details.
Because of my trip, there will be only one Sibdu News podcast this week, and it’ll happen on Friday. Besides the news, I’ll have some personal observations from the Realcomm show. Hopefully I’ll have some videos to put up as well. Oh yes, there won’t be any other blog postings until Friday, either (except for a “reminder” post tomorrow that I’m speaking at Realcomm).
As I hinted at before, I will be using Twitter to “broadcast” my observations from the show, though. You can follow my Twitter stream to catch the latest happenings from Realcomm. I’m assuming that others will be twittering from there as well … I’ve asked that the hashtag from there be #realcomm; if it is changed, check my Twitter stream - that’s where I’ll update yo on it. To search for tweets from Realcomm, go to search.twitter.com.
… this video is from Bloomberg News. Not all that surprising, for those of you who follow our Sibdu News audio podcasts.
The video is below, but if you just want to read the press release, it’s available after the jump.
Browse the Sibdu News archives at Libsyn. You can also subscribe to the podcast at iTunes. And if you're the dangerous type, you can subscribe to the XML feed as well.
