Search
 

Getting Back to Basics

Now that some of the fear that has gripped the industry over the past two years is abating, there is a renewed emphasis on getting back to the basics…

By Jillian Ambroz | Updated on December 09, 2011

Now that some of the fear that has gripped the industry over the past two years is abating, there is a renewed emphasis on getting back to the basics of business. Commercial real estate is moving toward the old-school type of investing-when real estate meant bricks and mortar, not just a quickly traded, sliced and-diced commodity. A key component of that is asset management, explains Susan Smith, director of PricewaterhouseCoopers’ real estate advisory practice in New York City.

She argues that during the heady days, from 2005 to 2007, most people in the industry lost sight of focusing on tangible assets while fundamentals were good. She believes we won’t be so myopic again.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.