Alec J. Pacella, CCIM Last month, I received the usual stack of junk associated with the daily mail. As I sifted through the catalogs, coupons and waterproofing promotions, I came across an offer from a credit card company. This popular company, no names please, was offering a cash advance at 0% interest for 12 months. Offers such as this have become more common in the wake of rising interest rates and I’m sure that some jump all over this offer…

One of the most popular things in our office is a large white board.

In 1984, a little-known actor smashed on the scene, literally and figuratively, as the villain cyborg known as the Terminator in a movie of the same title.

Alec J. Pacella, CCIM As hard as it may be to believe, half of 2023 is in the review mirror. And what a first half it’s been! It seems as if everyone in the real estate biz has had eyes on the Fed, the banking system, the stock market, and inflation. Throw in that pesky debt ceiling and it’s been enough to make a person crazy. A common question on everyone’s mind is “where are things heading” and while there…

Alec J. Pacella, CCIM The last eight months have been spent in school, not literally but figuratively. Each month in this very column, we had a “class” or period. Subjects have included some weighty topics such as capital accumulation, discretionary capital expenditures and risk mitigation strategies. We even took time for a lunch period, drawing parallels between current real estate trends and fabled grade school lunch choices. The final bell has rung but we have one more extra-curricular activity: debate…

The world works in cycles. We see it most in the financial world, but it’s everywhere.

Multifamily sales in Singapore, for example, are expected to improve, with some analysts anticipating a “more than 10% increase in the number of homes purchased by Chinese this year” in the city-state.

“FinCEN has started a rulemaking process that would impose requirements to prevent money laundering on the commercial real estate industry.”

This month, we are going to roll into the second part of this discussion and highlight various key terms associated with loans.

Investopedia defines IRR as: A financial metric, used to measure the profitability of an investment, that takes into account the time value of money.