It is almost assured that Proposition 10 will pass, and the state of California will become a free for all with different, complex and in many jurisdictions, nonsensical rent control policies. The biggest risk for apartment owners and developers is risk of the unknown.
Value investing is a very difficult business because, when the stock market is richly valued, it's hard to find big discounts and these investors don't follow the herd on Wall Street and the institutional investor mentality.
WALNUT CREEK, CA—The levels of returns from investing in services firms compare favorably with those from ownership firms, Joseph Ori writes in this <b>EXCLUSIVE</b> guest column.
WALNUT CREEK, CA—These same mistakes are made over and over again which usually results in poor performance, the loss of equity in a property or the loss of the property in foreclosure, says Paramount Capital Corp.'s Joseph Ori in this <b>EXCLUSIVE</b> guest column.
WALNUT CREEK, CA—Outside of the poor economics, the biggest risk looming for this business is an increase in interest rates, which will reduce home demand and housing values and increase the owner's cost of capital, says a source in this <b>EXCLUSIVE</b> column.
WALNUT CREEEK, CA—Does it make economic and investment sense for a public operating company to sink large amounts of capital in its own real estate like Zynga and Google? Check out this <b>EXCLUSIVE</b> column on the topic.
SAN FRANCISCO—A comprehensive investment allocation strategy should begin with the four quadrant approach to real estate investment, explains Joseph Ori, executive managing director of Paramount Capital Corp.