Perspectives

Brexit Explained: Where, How & What

The Counselors of Real Estate’s European Chapter hosted a Brexit conference in cooperation with the Royal Institution of Chartered Surveyors (RICS) in London on 28 February 2019. This event was subtitled “Requiem for a Deal?” and was well-timed, given the upcoming target Brexit date of 29 March 2019, and the degree of uncertainty that has… Read more

Features

Cybersecurity of Building Technology: Smart Cities and Smart Buildings Require Smart Protection

Continued from Volume 42, Number 2 and Number 10. Introduction Cybersecurity has become a major issue for commercial real estate in many more ways than previously anticipated. Ongoing vigilance – making security a part of the culture of your organization – is the best defense against a data breach. This is the third in a… Read more

Vibrancy and Property Performance of Major U.S. Employment Centers

Since the turn of the century, the spatial pattern of real property development in the United States has changed. Many central cities across the country have attracted impressive amounts of jobs, residents, and investments compared to their weak status in the 1990s. Although suburban development dominated the metropolitan landscape after World War II, central cities… Read more

Features

The Devastating Impact of Storm Surge on Coastal Communities

A Case Study on Florida’s Low Income Housing Tax Credit Projects   Introduction Last year, several hurricanes caused major damage in Houston, Florida and Puerto Rico. Now in 2018, Hurricane Florence and Hurricane Michael have wreaked havoc in the southeastern United States. Michael was the most intense landfalling U.S. hurricane since Camille in 1969. As it… Read more

Features

Disney Declares WARA

A Collaborative Approach for a Complex Valuation Engagement and Its Daubert Compliance with Generally Accepted Authorities Accurate valuations of complex assets require a cooperative multidisciplinary approach. Users of appraisals would be best served if business valuers, personal property appraisers, and real property appraisers collaborated on complex assignments, rather than solving for a residual value outside… Read more

Features

Data Governance: Cybersecurity Oversight and Strategy for Commercial Real Estate

Continued from Volume 42, Number 2. The final piece in this series is Volume 43, Number 1. In our previous article, we explored operational aspects of cybersecurity.  This one focuses on data governance and discusses how it permeates all operations and what can be done to strengthen it. Recent research from the McKinsey Global Institute (MGI) published in a Harvard Business Review study1 remarks that the real estate industry does not rank... Read More