With the few days in between jobs, I gave back The Firm's Blackberry and switched over to the iPhone. I love the rich screen and graphics. I love the rich development of applications for the iPhone.
Yesterday, Google released the Google Earth for the iPhone. For those of you who have not used Google Earth, it is a more robust use of the information you access in Google Maps.
For a real estate person like me, the ability to image locations and put an individual property in the context of a larger community is very powerful. One of the reasons I went into real estate two decades ago was the tangible quality of real estate. I am drawn by the relationship of individual pieces of property and how they relate to the other properties and activities around them.
Below is the introductory YouTube video from Google about Google Earth for the iPhone.
Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts
Monday, October 27, 2008
Friday, August 3, 2007
Launching Another Blog
When I originally set up this blog, I thought I would combine my two areas of practice: knowledge management and real estate law. I even combined the two in the name (i.e. space was meant to be a real estate reference).
In the early years of this blog, I managed to post a real estate story. But I never managed to keep up with it. I had a stack or real estate news piling up that I never managed to put up on this blog.
I have decided to branch out and set up a second blog to address my real estate topics. I am announcing the launch of my new: Real Estate Space Blog.
My guess is that very few of you who read this blog are going to be interested in the Real Estate Space blog. But I would appreciate the burst of traffic. Just click over and visit the new site for a minute.
Subscribe to the Real Estate Space Blog
In the early years of this blog, I managed to post a real estate story. But I never managed to keep up with it. I had a stack or real estate news piling up that I never managed to put up on this blog.
I have decided to branch out and set up a second blog to address my real estate topics. I am announcing the launch of my new: Real Estate Space Blog.
My guess is that very few of you who read this blog are going to be interested in the Real Estate Space blog. But I would appreciate the burst of traffic. Just click over and visit the new site for a minute.
Subscribe to the Real Estate Space Blog
Monday, March 12, 2007
The New Real Estate
Arthur Segel published an article in the Harvard Business School's Working Knowledge on the real estate boom: The New Real Estate.
He points out four stories in the commercial real estate markets:
1. Record prices: Highest price for a single building ($1.8 billion for 666 Fifth Avenue in New York City), the most paid for one project ($5.4 billion for Peter Cooper Village, also in New York City) and the largest takeover ever ($39 billion takeover of commercial property owner Equity Office Properties Trust) (now second after TXU).
2. New Capital Markets. REITs are now in 24 countries with 28 other countries looking to implement them.
3. Sustainable Development. Green Buildings are coming.
4. Emerging Markets. Huge real estate growth in China and India.
The problem? REIT dividends are at an historic low of 3.6% (100 basis points below the 10 year treasury), the housing market is in a slump, foreclosures have risen.
He points out four stories in the commercial real estate markets:
1. Record prices: Highest price for a single building ($1.8 billion for 666 Fifth Avenue in New York City), the most paid for one project ($5.4 billion for Peter Cooper Village, also in New York City) and the largest takeover ever ($39 billion takeover of commercial property owner Equity Office Properties Trust) (now second after TXU).
2. New Capital Markets. REITs are now in 24 countries with 28 other countries looking to implement them.
3. Sustainable Development. Green Buildings are coming.
4. Emerging Markets. Huge real estate growth in China and India.
The problem? REIT dividends are at an historic low of 3.6% (100 basis points below the 10 year treasury), the housing market is in a slump, foreclosures have risen.
Subscribe to:
Posts (Atom)