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Commentary with Sanford Herrick on Last Week's Poll

'Part of the natural cycle of our business is there is an ebb and flow.'

By Casey Freeman | Updated on May 23, 2008

Has the Downturn Impacted Turnover at Your Firm?

We asked our GlobeSt.com readers how the downturn is impacting their firms. A whopping 43% say the slump hasn’t affected them at all. Nearly a third of our readers have been “tremendously” kicked in the pants, while another heavy 26% are looking for jobs themselves. We spoke with Sanford Herrick, the co-founder and managing director of Hudson Realty Capital, about how this dry spell affects the industry and its service providers.

“Right now on the financing side the impacts seem to be generally greater than they are in the commercial and retail real estate side. Obviously residential developers around the country have been smacked pretty hard. But what we see here in New York are the people who are involved with the financing of real estate who are suffering.

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

Data Management Scorecard: A Health Check for Your Data Management Capabilities and Challenges

CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

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Does your data inspire confidence or is there a significant lack of trust in its validity? Use this assessment to gauge where your organization’s data practices are at today and what gaps exist.

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