We closed last year with comments about Chinese investment in US real estate. Well, we are opening the new year with a renewed focus on China, but this time focusing on the shaky economic news coming out of Beijing and creating shockwaves, once again, in the global stock markets.
Yesterday in the first session of the New Year, the Dow Jones Industrial Average saw its greatest opening-day loss since 2008 on as sharp declines in China rekindled fears of slowing global growth. The economic concerns about China and other emerging markets is in contrast to European markets, and of course the US, which remain in growth mode. What this implies to me is a volatile year on the securities front, and the woes in China will in fact ultimately spill over into the global economy precipitating a slowdown.
This isn't necessarily bad news as this may translate into a soft landing on the real estate front and not a major decline in the markets. Nevertheless, it definitely time to tighten your seatbelts as 2016 may be a wild ride and not for the faint of heart. Oh by the way, Happy New Year!
Sponsored Jobs:
PACIFIC RETAIL CAPITAL PARTNERS
Senior Financial Analyst
(EL SEGUNDO, CA) The Senior Financial Analyst will be responsible for analyses related to both new acquisitions and the asset management of existing retail properties. (Sponsored Job)
CEDAR REALTY TRUST, INC.
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CIM GROUP
Vice President, Client Service Executive
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SHORENSTEIN REALTY SERVICES, L.P.
Capital Transactions Analyst
(SAN FRANCISCO, CA) Analyst will perform financial analysis, market research and acquisition due diligence for Capital Transactions; review and extract information from broker marketing books and third-party research; and assist in analyzing potential investments including market analysis.
URBAN LAND INSTITUTE
Project Manager/Analyst, Real Estate Economics and Trends
(WASHINGTON, DC) Analyst will be involved in both the operational and substantive components of related programs. On-going products that the Project Manager/Analyst would be involved with are Emerging Trends in Real Estate, Real Estate Consensus Forecast, the McCoy Symposium, and ULI's Fall and Spring Meeting sessions.
DRUCKER & FALK
Regional Property Manager
(RALEIGH, NC) Regional Property Manager will assist in the development of company policies and procedures related to property management; responsible for recruitment, training, development, and supervision of Property Managers; and sharing responsibility for maintaining the physical asset and performance of assigned properties.
JFMD
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(BLOOMFIELD HILLS, MI) The Jewish Federation of Metropolitan Detroit seeks an experienced Administrative Assistant/Facilities Coordinator to provide administrative support functions for the Director of Real Estate Services and other professionals within the Real Estate area.
SITUS
Appraisal & Consulting, Manager
(HOUSTON, TX) Manager will supervise mentor subordinates, workflow to produce on time deliveries, inspect properties, and make written and verbal contacts with market participants, clients, and co-workers.
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