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Advice From Bob Lutz

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March 22, 2010

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Several years ago, my father, a longtime auto industry executive, passed along an autobiography about Bob Lutz, also a longtime auto industry executive. Recently, Lutz announced he will retire on May 1 from General Motors. Hearing this news caused me to revisit the book Guts: The Seven Laws of Business [...]

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Regaining Perspective

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March 1, 2010

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Regaining Perspective

Did You Know? Since 1837, there has never been a property peak without a new skyscraper claiming to be ‘the world’s tallest’. · In July of 2007, London’s The Register ran following headline: “Dubai Claims World’s Tallest Building Title”. From 1873 until today, there has never been a property peak [...]

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Those Who Fail to Study History are Doomed to Repeat It – Winston Churchill

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February 5, 2010

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As a young commercial real estate lender in the early 1990s searching for new business, I would call on existing clients and prospects and ask what their plans were for the upcoming year. The overwhelming response was “stay alive until ‘95” – a sign that choppy waters were ahead and [...]

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Prophetic Words

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January 6, 2010

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The October 31st, 2005 edition of Fortune magazine featured a cover story on Colony Capital’s chairman, Tom Barrack. In the article, Barrack, who is an avid polo player, offered the following parable: “I feel totally safe playing polo on a field full of pros,” says the bronzed 58-year-old. “But when [...]

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A Look Ahead to 2010

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December 11, 2009

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To forecast the real estate market for 2010, it is important to revisit where we have been in the last few years. From 2000 to 2007, the ability to borrow money at a low cost, without limits, resulted in a dramatic increase of the value of real estate. The bubble [...]

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2001 to Today: A Perspective on Cleveland’s Inner-Ring Development

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November 11, 2009

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The following is an excerpt of an interview of Mark Jablonski for IBMag.com regarding a 10-year retrospective of urban redevelopment in Northeast Ohio. The Topic: Cleveland’s Ring Bearers: The Inner-Ring Suburbs Battle to Rebuild the Urban Core What We Said Then: With no room left to expand, inner-ring suburbs such [...]

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25% Rise in Occupancy at Village Green Shopping Center

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November 11, 2009

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During the 3rd quarter of 2009, Village Green Shopping Center’s occupancy rose from 69.1% to 94.5% due to two recent lease signings. Dollar Paradise, a local discounter with three stores in Cleveland, opened in the 11,000 square foot junior anchor space, once home to Woolworth’s. The company offers a wide [...]

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Jablonski Featured in Inside Business

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October 29, 2009

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Waiting Game Real Estate developers are in a holding pattern for major projects until the economy provides clearance for takeoff. Forget about grand ideas of expansion and developing pristine new office space. What do you think this is? 2007? Hardly. Most Northeast Ohio companies have made it their mission in [...]

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