News

Looking for Trouble?

Since 1977, the Federal Reserve has operated under a mandate from Congress to “promote effectively the goals of maximum employment, stable prices, and moderate long term interest rates.” In recent years, the idea of the Fed targeting asset prices as well has been hotly debated in economic circles. In a recent research paper circulated by the National Bureau […]

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Another Stupid California Dream

Sometimes I wonder if too many posts here are spent writing about the California housing affordability crisis – easily my most frequently posted-about topic – but then I consider that the state keeps providing ample ammunition by doing so much stupid crap. The latest in a long list of easily avoidable self-owns took place this week when […]

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California’s Faulty Proposition

No one has benefited from California’s rapidly rising property market as much as homeowners who had the good fortune to buy back in the late 70s, 80s or even well into the 90s. Not only are they often sitting on equity gains of 7 figures (if they own a home near the coast) but they […]

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How The Feds’ Tax Plan Could Impact Prop. 13

NEWPORT BEACH, CA—Some experts say the plan passed by the House earlier this month was carefully constructed to penalize Americans who live in Democratic-leaning states including California, Landmark Capital Advisors’ managing director Adam Deermount tells GlobeSt.com. We spoke with Deermount about the proposed tax plan, how it would affect homeowners and what would happen to Prop. 13 if […]

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“The Middle Class” Tax Reform and Why it is So Difficult to Achieve

There is a new tax reform proposal making its way around Washington, which means that the silly season for misinformed statements about what constitutes “the middle class” is upon us. This debate has been going on for years, and, over the next few weeks, you are about to hear how every aspect of the tax reform […]

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Amazon’s Lease Concerns After Whole Foods Purchase

NEWPORT BEACH, CA—Since its purchase of Whole Foods this past summer, Amazon is finding it quite a bit more difficult to innovate in this new environment largely governed by preexisting binding legal agreements than in the freewheeling world of online commerce, Landmark Capital Advisors managing director Adam Deermount tells GlobeSt.com. Deermount has an inside perspective on many aspects of CRE, so […]

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Does Affordable, Entry-level Housing Still Exist?

The topics of affordable and entry-level housing have probably consumed more pages than just about any other topic since I started writing articles. The challenge that we face is daunting. In a normally functioning housing market, yesterday’s executive housing stock becomes today’s entry-level housing. This relationship makes sense – newer homes should be more expensive […]

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Lending Is key To Repurposing Commercial Property To Residential

I discussed in a BUILDER article on Tuesday how more re-purposing of obsolete suburban office and retail properties is needed but is politically challenging, often due to issues with reduction of municipal tax revenues that occur when a project goes from commercial to residential. A long-time client who has been successful in the re-purposing or […]

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After Libor, What’s Next?

NEWPORT BEACH, CA—On many levels, it was inevitable that Libor, a key interest-rate indicator, will be phased out, but where do we go after it exits in 2021? We spoke with Landmark Capital Advisors managing director Adam Deermount about what this means for the real estate industry and what lies ahead. GlobeSt.com: What’s your take on Libor and recent developments […]

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What The Whole Foods Sale Means For The Grocery Sector?

Deermount: “This feels a bit like the beginning of the end for a lot of legacy players caught in between the two giants.” NEWPORT BEACH, CA—Amazon’s recent acquisition of Whole Foods sets the stage for a battle between the e-commerce giant and Walmart for supremacy in the grocery space, Landmark Capital Advisors’ managing director Adam Deermount tells GlobeSt.com. As huge of a player as Amazon […]

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