Publisher: Deborah Nisson, CRE
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Lodging Industry Fundamentals Remain Strong Despite Cautious Stance on New Development
Spring 2001, Vol 26, No 1 Abstract: Here, the author examines the current state of the U.S. lodging market, providing an analysis of the current capital markets gap for new hotel development. He then explores population aging trends and their future impact on lodging demand, a five-year snapshot of such critical market indicators as occupancy, average… Read more
Taking the Stress Out of Distressed Property
Winter 2000/2001, Vol 25, No 4 Abstract: While the commercial real estate market has experienced a resurgence over the last decade, it also has created a large number of distressed properties, prompting many retailers to become landlords in order to recoup their losses. Here, a real estate attorney presents an overview of the causes of distressed… Read more
Elements of Change, Stability, & Uncertainty in the Retail Real Estate Market
Winter 2000/2001, Vol 25, No 4 Abstract: Forecasts of radical change in retail real estate greatly exaggerate what is likely to happen if the concern is with the next couple of decades. Elements of stability and uncertainty should restrain the forces of change that are out there. Beyond 2020 is another matter. By the middle of… Read more
How to Value Commercial Improvements in a National Park
Winter 2000/2001, Vol 25, No 4 Abstract: The federal government contracts with private concessionaires to build and operate visitor-serving facilities at our National Parks. When these long-term contracts expire, there is an interesting appraisal problem: what is the current value of the concessionaire’s improvements? This manuscript describes the innovative methodology used by two CREs in a… Read more
The Resurgence of Nuclear Power in the U.S.
Winter 2000/2001, Vol 25, No 4 Abstract: During the eight months from January to September 2000, a series of major events, coupled with historically high electricity demand and petroleum prices, have combined to alter dramatically the pessimistic view of the future role of nuclear power in the U.S. electricity industry held by many. A number of prescient authors foresaw these results, but not necessarily the sequence or timing of the causes.... Read More