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Come Celebrate With Us We would like to announce that John O'Donnell, our founder, will be receiving The Lifetime Achievement Award from The UC Irvine School of Business on November 9th. This prestigious award recognizes John's outstanding achievements in Commercial Real Estate over his 40+ years of service. Peter Ueberroth will be speaking at this amazing event and many industry leaders will be attendance. If you would like to attend, please email Becky Ezell at bezell@cgfassoc.com.

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James McCaughan, of Principal Global Advisors shares his view on CNBC. Will the Commercial Real Estate Market rebound in 2011?   James suggests that real estate is a much safer investment haven than equities.

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This is a great article written by The Financial Times. Click here to visit the article online. The trick to eating the curate’s egg is to sample only the good parts. Investors in US commercial property are showing they know how to do this. In the six top metropolitan markets – New York, Chicago, Boston, San Francisco, Los Angeles and Washington – prices have bounced. Real Estate Analytics calculates a trophy index using repeat transactions worth more than $10m in the Moody’s/REAL commercial property price index. After falling two fifths from the October 2007 peak, it is up 19 per cent...

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LEED stands for Leadership in Energy and Environmental Design (LEED). This Green Building Rating System was created to improve the environmental and economic performance of new and existing commercial, industrial, and high-rise residential buildings. LEED is a non-profit, non-governmental system promoting environmentally responsible, economically profitable, and healthy places to live and work.  The LEED movement is quickly becoming a necessity as water and electrical costs continue to increase.  Please review the below figures. The below figures document the average usage reduction...

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The following article, by Robert McGrath at CBRE, predicts lower availability as demand rises for large distribution facilities since Q1 of 2010.  We strongly agree with his position; in fact, we have begun to see a rebound in rental rates in the Inland Empire, CA. Friday, September 17, 2010 -  Boston – September 17, 2010—The U.S. industrial real estate sector's national availability1 rate should peak at 14.2% by the end of September (3Q 2010) before falling to 14.0% in the fourth quarter of 2010 and continuing a slow descent into the first half of next year, according to new analysis...

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Press Release FOR IMMEDIATE RELEASE O'Donnell Group Receives 2010 Best of Newport Beach Award U.S. Commerce Association’s Award Plaque Honors the Achievement NEW YORK, NY, September 6, 2010 -- O'Donnell Group has been selected for the 2010 Best of Newport Beach Award in the Industrial Management category by the U.S. Commerce Association (USCA). The USCA "Best...

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U.S. commercial real estate yields are near the highest level relative to Treasury bonds on record, a signal to some investors it’s time to buy property. Capitalization rates, a measure of real estate yields, averaged 7.22 percent in the second quarter, based on an index calculated by the National Council of Real Estate Investment Fiduciaries. That was 429 basis points, or 4.29 percentage points, higher than the yield on 10-year government bonds as of June 30, according to data compiled by Bloomberg. It’s about 475 basis points higher than Treasury yields as of yesterday. That spread...

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The O'Donnell Group's Adopt-A-Highway sign was installed last week on PCH (southbound near Crystal Cove).

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Can Port Traffic and Unemployment rise together? We have read a few articles lately that indicate 2010 Los Angeles port traffic is up over 2009. For example, the below article written by the Los Angeles Times states,  “Port traffic is up 21% to 369,389 containers compared with a year earlier.” The question we want to pose is: "How can port traffic be increasing with unemployment?" We are having a hard time understanding how rising unemployment is related to increased port traffic.   We want to know where the inventory is headed as unemployment is at a record high and consumer...

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Article by Globe St.com NEW YORK CITY-With a 133-basis point rise in the cumulative default rate for CMBS during the second quarter, predictions of an 11% to 12% rate of securitized loans in arrears come closer to reality. Fitch Ratings says 9.48% of the fixed-rate conduit CMBS loans in its universe were in default at the end of Q2, while Realpoint said in late July that $3.11 billion of unpaid loans were added to the total during June. “Based on an updated trend analysis, we now project the delinquency percentage to potentially grow to 11% to 12% under more heavily stressed scenarios...

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