News

Too Much Money Chasing Too Few Deals? Or Not?

Is the saying “There is too much money chasing too few deals” an Urban Legend? It’s been repeated so frequently through the past few years that the concept is almost universally accepted as truth in the residential development industry. Many private equity funds, hedge funds, etc have raised money to invest into housing development. However, […]

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Landmark Links November 1st – Musical Chairs

  Lead Story…. I’ve spent quite a bit of space on this blog talking about segments of the real estate market that have been struggling of late.  From high end apartments and luxury condos in NY, SF and Miami to dying shopping malls in middle America, to struggling suburban office buildings, there’s been plenty to go […]

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Landmark Links October 28th – Trick or Treat

  Lead Story/Chart of the Day… Want to know the rental boom will end?  Possibly when homeownership rates stop falling.  Some thoughts from the St Louis Fed’s excellent FRED Blog: For five hundred twenty-five thousand six hundred minutes each year, people have to live somewhere. And it looks like renting is becoming more popular. The graph […]

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Landmark Links October 25th – When Will The Empire Strike Back?

  Retraction: Before we get to today’s post, Leonardo DiCaprio’s rep announced that he doesn’t support the anti-density initiative that I spoke about on Friday, despite his name being all over it’s literature.  Maybe he is a regular Landmark Links reader and didn’t like getting called out😉 Lead Story…. Since I began writing this blog last […]

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Landmark Links October 21 – Dense Hypocrisy

  Lead Story… There is little that I enjoy more than reading (or writing) about the hypocrisy of self-important celebrities.  However, one of my primary rules for writing this blog is to avoid politics – unless it’s land use politics (or water politics).  As such, I haven’t had the opportunity to write much about celebrity hypocrisy, despite frequent gnawing […]

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Landmark Links October 18th – On Point

  Lead Story…. A bit short on time this week so I’m going to outsource the lead story.  Joe Bosquin of Builder Magazine wrote a wonderful summary about how California priced itself out of the market for entry-level home buyers titled The Unintended Consequences of Law. Spoiler: it has everything to do with Prop 13 and CEQA.  Bosquin’s […]

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Landmark Expands International, Family Office Investment Team

Newport Beach, CA-based Landmark Capital appointed Jack Hsu as Director of Capital Relationships. He brings nearly 20 years of international finance and investment experience to a role focused on helping domestic and international capital find real estate investment opportunities. Landmark Capital’s David Kidder says, “International and family office investors are becoming one of the most […]

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Landmark Links October 14th – What’s the Solution?

  Lead Story… A pudgy, mustachioed, red-sweater-wearing star was born during Sunday’s Presidential Debate.  Kenneth Bone was selected to ask the candidates one of the final questions of the night and, his earnest question about how to balance fears of fossil fuel job loss with environmental concerns, combined with his appearance resulted in him essentially […]

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Landmark Links October 11th – Put Your Money Where Your Mouth Is

  Lead Story… As I wrote a couple of weeks ago, the Obama Administration took the unprecedented action of calling on cities and counties to re-think their zoning laws.   This was a concerted effort to increase affordability and fight back against NIMBY’s who have successfully stopped development in some of America’s most productive cities.  The proposal is bold […]

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Landmark Links October 7th – Urban Legend

  Lead Story…  Chances are that you’ve heard tales about alligators living in the NY sewers, Coca Cola’s magical ability to dissolve teeth overnight, that Elvis Presley is still alive and in witness protection, or even the old  Weekly World News standby of a bat child found living in a cave. These urban legends and others like them have […]

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