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.
