Determining Real Estate Damages from Natural Disasters: Real Estate Counseling in Class Action Litigation—Lessons from Hurricane Katrina

Winter 2012, Vol. 37, Nos. 2&3 Abstract: In the wake of Hurricane Katrina, hundreds of lawsuits, including two major class actions in Federal District Court, were filed against the U.S. Army Corps of Engineers, local levee districts and others alleging negligence in the design and construction of the dike system protecting New Orleans. This case study… Read more

The Failed Experiment of Vancouver’s 2010 Olympic Village

Winter 2012, Vol. 37, Nos. 2&3   Abstract: This article is a cautionary tale for cities that dream of hosting the Olympics, and explores the fallout, financial and otherwise, for the City of Vancouver. In 2003, the city won the international bid to host the 2010 Winter Olympics. Included in the bid was a commitment to… Read more

The Case for the Return of CMBS

Winter 2012, Vol. 37, Nos. 2&3 Abstract: Commercial mortgage-backed securities (CMBS) was a significant source of long-term capital for commercial real estate from the mid-1990s until the time of the financial crisis in 2007–2008. CMBS issuance went to near zero at that point, and has been on the road to recovery since 2009. In this article,… Read more

Mortgage Fraud: Current Trends and Issues

Winter 2012, Vol. 37, Nos. 2&3 Abstract; The Great Recession of the past few years and its parallel “meltdown” of the real estate market have had a sinister “underbelly” to it. The perpetration of fraudulent real estate transactions was, and still is, widespread, especially in the mortgage industry. This article surveys the more common types of… Read more

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Retail Space in the Future: How Technology has Changed the Way We Shop

Winter 2012, Vol. 37, Nos. 2&3 Abstract: The digital world is invading all facets of life, with lasting impacts on how we live now and in the future. Internet shopping is pervasive and incredibly convenient, posing a significant threat to the bricks and mortar stores. With retail vacancies causing concerns in many communities, the future of… Read more

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Using Historical Employment Data to Forecast Absorption Rates and Rents in the Apartment Market

Volume 37, Numbers 2&3 Published: Winter 2012 By Charles A. Smith, Ph.D.; Rahul Verma, Ph.D.; and Justo Manrique, Ph.D. Photo: kryzhov/Shutterstock.com Introduction THIS ARTICLE PRESENTS A STRAIGHTFORWARD TECHNIQUE that can be used by appraisers, consultants, asset managers and others in the field to forecast demand for needed new apartment units and trends in rental rates. The types of data required for the analysis are... Read More

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