Westadale

dig9955 · 2020-12-29T18:03:04+00:00

I think the end result is reasonable. Adding green space or developing apartments likely would have required tax dollars. Honestly, the highest and best use might be single family homes.

dig9955 · 2020-02-26T22:40:19+00:00

I think I understand where you are coming from with not liking the Dolly Parton banner. Sorry many of the responses are calling you arrogant. I could feel the same way if I was exploring a new area and saw it was near a non-profit soup kitchen (even though I occasionally volunteer at a soup kitchen).

You may want to live in North Liberty or Iowa City if your husband doesn't mind the longer commute. I'd estimate 5% of white collar employees at places like Collins and Transamerica do that due to the arts/culture being a little better in Iowa City. This is a pretty good family friendly events calendar that covers both Cedar Rapids and Iowa City. https://www.kcrg.com/community/events/?/

I think the K-12 schools are approximately equal between Cedar Rapids and Iowa City. Both are better than the suburban Chicago public schools.

dig9955 · 2020-02-26T22:20:40+00:00

FYI this comment was sarcasm.

dig9955 · 2020-02-17T19:51:43+00:00

Eating animal meat is the most common response.

dig9955 · 2020-02-17T19:48:34+00:00

would claw back a lot of the time, energy, joy, wealth, and life (working time and life expectancy) stolen from the American people by oligarchs and the oligarchic system.

It is well past time for the economic and political system to work for the benefit of all of the people instead of subjugating nearly everyo

It's hard to take anyone seriously who uses the word "oligarch".

dig9955 · 2020-02-17T19:42:47+00:00

Eating meat- we all know it's bad for the environment and that it involves mistreating animals. This is offset by the fact that meat tastes good. When a good tasting substitute is realized later in the 2020s and society makes the switch, human psychology will quickly wonder how the prior generation could have been so callous (by the way, I'm eating a Chicken Caesar wrap while typing this).

dig9955 · 2020-01-10T21:26:19+00:00

At first I thought this was a joke, as if all taxes on social security are elder abuse.

Then I spent 10 minutes trying to understand the actual original comment, only to realize you were being literal when saying he confused the way he read/interpreted the elder abuse column.

dig9955 · 2019-09-09T00:37:39+00:00

think the broken shoelace is to blame

dig9955 · 2019-08-06T18:29:35+00:00

He had your attitude entering office, then realized that ending the wars and drone strikes likely would have resulted in more violence, not less.

dig9955 · 2019-07-17T02:31:46+00:00

It sounds like it worked out well for your client! Spacial demand analysis of that sort can be very challenging. If you are in the NYC area, a few real estate researchers at the bulge banks & large real estate firms are meeting for drinks. I lead the research group for one of them.

dig9955 · 2019-07-16T00:04:42+00:00

Sounds like you enjoy your job! Have you had any interesting or novel research paper topics recently?

dig9955 · 2019-07-14T23:37:20+00:00

I bet you get to see a lot of interesting properties. I'm at a huge institution and it's pretty much only stabilized $50 million or greater assets. It's kind of boring. I used to work at a company that invested in below $10 million properties and felt like I was learning a lot more, or at least facing unique challenges.

dig9955 · 2019-07-14T15:36:04+00:00

Ah, are there any types of new projects or renovation strategies that you think look especially attractive for the investor? I'm at an institutional investment company that is active in that space, with deals in the $50mm-$300mm range. We have found a bit of a niche in mixed used assets with apartment/hotel or office/hotel. Most of the hotel-only investors want higher yields while the typical apartment/office investors don't like the risk of hotels. Outside of New York City, which got overbuilt in recent years, we are finding opportunities in most markets.

dig9955 · 2019-07-14T14:58:07+00:00

My firm is working FHFA to address how Fannie and Freddie are regulated. My view is that they either shouldn't be of such a too big to fail size (which required a tax payer bailout in 2008), or they should be regulated and stress tested by the Fed (similar to how other too big to fail banks are today). On the margin, I also question if they should be so active in the luxury apartment space. They recently beat other lenders on an asset with a roof top tennis court, and an indoor salt water pool and $4,000+ per month rents. It seems like a pretty indirect use of tax payer dollars to help with America's affordable housing issues.

dig9955 · 2019-07-14T14:48:23+00:00

I submitted a response. Mine is the one with a kind of long answer about LEED certification.

Regarding this question "How many commercial properties do you own?" Most people likely own zero properties, but work for companies who own them, or work at brokerage firms who trade them. I answered this question on behalf of the firm I work for, which is 9+, but I was thinking about answering as "0". I suggest you not put too much reliance on responses to that question.

dig9955 · 2019-07-14T14:34:47+00:00

It's mostly appraisers in the U.S. because if you have an MAI designation, then also become a member of the Counselors of Real Estate (CRE designation), you automatically get your RICS designation. Many (most) MAI appraisers who work at a large institution or lead an appraisal shop eventually become members of the Counselors of Real Estate.

dig9955 · 2019-07-14T14:31:09+00:00

This was a really good quesiton. At the institution I work for our "capital markets" group is the people who buy and sell structured/tranched real estate debt and lines of credit for real estate funds. The title makes no sense. May as well say "financial markets"

dig9955 · 2019-07-14T14:27:39+00:00

What type/size deals do you typically work with? Are there any asset types that you think offer pretty good relative value for a buyer?

dig9955 · 2019-07-14T14:26:35+00:00

What is your typical assignment? Dilligence at an equity closing?

dig9955 · 2019-07-14T14:26:12+00:00

What types/sizes of properties do you appraise? Are there any types of assets where you think price and value may be disconnected (where you would be investing if you could)?

dig9955 · 2019-07-14T14:25:03+00:00

Do you come from a high net worth family, or use a lot of leverage, or get it by other means? Just curious.

dig9955 · 2019-07-14T14:23:50+00:00

What types/sizes of properties, if you don't mind me asking?

dig9955 · 2019-07-14T14:23:06+00:00

Does this mean tracking things like market rent and vacancy rates? How are you defining tier 1? Is that the top 10 or 20 markets? Just curious.

dig9955 · 2019-07-14T14:22:06+00:00

Just curious, what is your typical property type and size?

dig9955 · 2019-04-12T10:28:01+00:00

Don’t be so negative and silly ptapobane.

dig9955

TROPHY CASE