Do I have a value real estate proposition for you. Just go to Havana.

Market bifurcation is a recurring phenomenon of real estate cycles—there are always the haves and the have nots. It's typically most apparent in…

I coined the term “Era of Less” about five years ago to describe the period the U.S. would be facing economically coming out of the Great Recession…

A CEO of a real estate investment management company wonders what's going on: "Should we be worried? Can you believe the outrageously high appraisals? It's all cap rate driven." The stock market has gyrated in a narrow range, but now trends decidedly lower. Analysts are worried that the market is overpriced as the world economy slides on the slick of well-deserved concern about China. …

A few days after the San Bernardino shootings I attended a Council of Foreign Relations luncheon headlined by William Perry, the former defense secretary under Bill Clinton. In the wake of the Paris attacks, he had a less than cheery assessment of the world's nuclear dangers that lost the appetites of most of us in attendance. In particular, for anyone living in New York or Washington DC he had a special warning, there is a…

This may be the defining year when the internet cements its place as the shopper preference over schlepping into stores, particularly at Christmas.  And it's pretty amazing when you think back only a decade or so ago when bricks and mortar retailers were confidently predicting only marginal inroads from online purchasing in the future. …

Where will our next generation of jobs come from? The banking sector clearly is not a major growth industry—company staffing counts go sideways, average Wall Street bonuses slide, and retail operations shrink thanks to cash machines and smart phones. And who needs trading floors and as many day traders when transactions are programmed by computer algorithms?

Apartment buildings continue to propagate in and around urban cores to satisfy move back in trends and meet expected continuing demand from career-focused young adults. High rises with floor-to-ceiling glass and surrounding views, granite kitchen counter tops, well-appointed gyms, roof decks, pools, and business centers are all the rage.  Developers and advisors sell institutional partners and investors on almost can't-miss “build-to-core” projects. Build them, lease them up, sell them to core investors hungry for any…