US Lodging Industry at a Glance
|
|
- Alicia Bennett
- 7 years ago
- Views:
Transcription
1 Scott F. Biethan of CB Richard Ellis Speaker 4: 1 CB RICHARD ELLIS BUYING AND SELLING HOTELS Successfully navigating the landscape of hotel deals Presented by Scott F. Biethan, MAI CRE FRICS Sr. Managing Director CB Richard Ellis Hotels August 18, 2008 US Lodging Industry at a Glance Source: Smith Travel Research Page 2 Hotels
2 Performance Year to Date June 2008 June 2007 Occ % ADR ($) RevPAR ($) Percent Change from YTD June 2007 Room Rooms Rooms Occ ADR RevPAR Rev Avail Sold Seattle, WA San Francisco Los Angeles Washington State Source: Smith Travel Research s Lodging Review Page 3 Economic Investment Overview of the U.S. Lodging Industry Where are we Today? Conflicting opinions on Main Street & Wall Street Bear Stearns debacle near failure to $2 per share, then back to $10 per share (400% weekly change) Volatile stock markets Profits still being generated at household name firms General Electric, Lehman, JP Morgan, Goldman Sachs, Viacom Some industry experts predict business will pick up after 2008; others predict 2010 Page 4
3 Buy or Sell? Just Ask the Smart Money Savvy and sophisticated long term investors believe NOW is a buying opportunity Value Decline or Perception Decline? Crisis localized in the Debt Capital Markets Plenty of Available Equity evidenced by available funds: KSL - $1.6 billion equity fund Kimpton - closed $246 million fund w/buying power of $800 million RLJ - the RLJ Real Estate Fund III, L.P. - $1.2 Billion Rockbridge Rockbridge Hospitality Fund IV with $160 million possible total to exceed $200 million Blackstone closes with $10.9B in Q Page Interest Rates Prime Rate July, % SOURCE: Wall Street Journal Page 6
4 1986 Tax Reform Act Page Resolution Trust Corporation (RTC) Page 8
5 1991 Gulf War Desert Storm Dow Jones Industrial Average April 17, ,004 May 1, ,010 Page 9 Today About one year has gone by since we experienced a downturn in the economy. It looks like the current climate is not going away any time soon With this being said, hotel fundamentals remain strong Page 10
6 Mid-Year 2008 Sales Activity Mid-Year 2008 Mid-Year 2007 Transactions Average Hotel Size Average Room $185,000 $265,000 Price Transactions over 3 7 $1.0 Million Page 11 Investors in the current market are considering Lodging historically lags overall US Economy Hotel expense structure presents challenges US lodging inventory is relatively favorable with respect to supply and demand Hotel lenders are are looking more to sponsorship quality Page 12
7 What Should One Do If I want to buy a property? Look over the menu. Hire professionals with the best information. Don t be shy. Intercept the bottom. Be creative. Every part of a cycle offers value enhancement opportunities. Page 13 What Should One Do If I need to refinance my property? With interest rates as low as they are, it s wrong not to borrow, if you can. Be creative. Seller financing 1031 Exchange Club Deals Page 14
8 BUYING AND SELLING HOTELS Successfully navigating the landscape of hotel deals Scott F. Biethan, MAI CRE FRICS Sr. Managing Director CB Richard Ellis Hotels th Ave, Suite 440, Seattle, WA T (206) F (206) Scott.Biethan@cbre.com Hotels
THE FINANCIAL CRISIS: Is This a REPEAT OF THE 80 S FOR AGRICULTURE? Mike Boehlje and Chris Hurt, Department of Agricultural Economics
THE FINANCIAL CRISIS: Is This a REPEAT OF THE 80 S FOR AGRICULTURE? Mike Boehlje and Chris Hurt, Department of Agricultural Economics The current financial crisis in the capital markets combined with recession
More informationCERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS
CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS AMERICANS VIEWS ON THE ECONOMY AND THE FINANCIAL SYSTEM PENN SCHOEN BERLAND 245 E. 92 ST NEW YORK, NY 10128 7.12.10 NEW YORK WASHINGTON DENVER SEATTLE LOS
More informationOFFICE MARKET ANALYSIS SUBURBAN CHICAGO. According to Costar Property, the Suburban Chicago office market is distributed as follows:
OFFICE MARKET ANALYSIS SUBURBAN CHICAGO Market Composition & Distribution According to Costar Property, the Suburban Chicago office market is distributed as follows: Office Submarket Cluster Distribution
More informationInvestment Companies
Mutual Funds Mutual Funds Investment companies Financial intermediaries that collect funds form individual investors and invest those funds in a potentially wide rande of securities or other asstes Polling
More informationStock Research Gets More Reliable
Page 1 of 5 Free Dow Jones Sites News Technology Markets Your Money Opinion At Leisure Home Page Take A Tour Subscribe In Today's Paper Portfolio Setup Center Discussions Site Map Help Contact Us MONEY
More informationPrivate Equity: A Practitioner s Perspective. Edward J. Mathias
Private Equity: A Practitioner s Perspective Edward J. Mathias Private Equity A Practitioner s Perspective The Carlyle Group Overview The Fundamental Case Investor Activity Private Equity Investment Criteria
More informationAmaranth Debacle : Lessons in Risk Management
Amaranth Debacle : Lessons in Risk Management Amaranth Advisors LLC was an American multistrategy hedge fund managing US$9 billion in assets. In September 2006, it collapsed after losing roughly US$6 billion
More informationTenure by Household Size - 2009
NEIGHBORHOOD APARTMENT MARKET ANALYSIS CITY OF CHICAGO Market Composition & Distribution The neighborhood apartment market consists of a range of properties developed from the early 1900s to more modern,
More informationDuring the Fall of 2008, the financial industry as a whole experienced a challenging environment for funding and liquidity as a result of the global economic crisis. Goldman Sachs has, for many years,
More informationQ2 2016 Middle Market Equity Capital Report
Q2 2016 Middle Market Equity Capital Report Investors Remain Cautious Amid Unique Conditions A CohnReznick LLP Report 1 Middle Market Equity Capital Report Q2 2016 Unicorns and strategic buyers are shaping
More informationCOUNTY of SAN BERNARDINO
COUNTY of SAN BERNARDINO EXECUTIVE SUMMARY Defined Contribution Plans 2nd Quarter 2009 2nd Qtr 1 Yr. 3 Yr. 5Yr. 457 Plans Performance 21.62% -26.71% -5.85% 2.58% Customized Benchmark 18.38% -26.00% -6.13%
More informationBringing Alternatives Within Reach
Bringing Alternatives Within Reach Goldman Sachs Multi-Manager Alternatives Fund (Ticker: GSMMX) Mutual funds pursuing alternative investment strategies, also known as alternative mutual funds, open up
More informationCOMMENTARY. Rapid Growth in Online Lending Prompts Information Request from U.S. Treasury. Background
JULY 2015 COMMENTARY Rapid Growth in Online Lending Prompts Information Request from U.S. Treasury The U.S. Treasury Department (the Treasury ) has issued a Request for Information ( RFI ) on online marketplace
More informationThe Value of the Too Big to Fail Big Bank Subsidy
Issue Brief September 2009 Center for Economic and Policy Research 1611 Connecticut Ave, NW Suite 400 Washington, DC 20009 tel: 202-293-5380 fax: 202-588-1356 www.cepr.net The Value of the Too Big to Fail
More informationAlso, please note that annual K1s are expected to be mailed out on or before the week of April 6 th.
February 27, 2015 Dear Investor: We are pleased to provide the Semiannual Report of DeBartolo Opportunity Fund II, LP ( DOFII or the Fund ) covering the period of time from July 1, 2014 December 31, 2014.
More informationThe global financial crisis and financial reform. René Stulz
The global financial crisis and financial reform René Stulz Outline Some facts about the crisis Banks and the crisis Are we safer now? What is the future of banks? House prices Source: The Economist 2010
More informationJA BizTown Vocabulary
JA BizTown Vocabulary Unit 1 Community and Economy Citizen A member of a town, city, country, state or country. Community A place where people live, work, trade and share. Trade Exchange of goods and services,
More informationThe Current Crisis in the Subprime Mortgage Market. Jason Vinar GMAC ResCap
The Current Crisis in the Subprime Mortgage Market Jason Vinar GMAC ResCap Overview Merrill s Market Economist, August 2006 Morgan Stanley s Mortgage Finance, March 2007 Citigroup s Housing Monitor, March
More informationThe Causes of the Financial Crisis and its Consequences
The Causes of the Financial Crisis and its Consequences Peter J. Wallison June 18, 2010 Presentation to the IPAA, Colorado Springs What Happened Timeline of the Financial Crisis Timeline of Financial
More informationDesignate an A + B, two mortgage lenders, Goldman Sachs and an Authoritative Voice; make signs that they wear.
Economic Crisis Workshop Buying a House Skit Make copies for Mortgage Lender 1, A, B (the couple that buy the house), Authoritative voice; second mortgage lender can take the script from first mortgage
More informationKELLER WILLIAMS REALTY 7Reasons Why Now is a. Great Time to Buy. a Home! A Smart Buyer s Guide to Seizing the Market
KELLER WILLIAMS REALTY 7Reasons Why Now is a Great Time to Buy a Home! A Smart Buyer s Guide to Seizing the Market It s Prime Time! to buy a home No doubt you ve heard the news: the housing market hit
More informationSENIOR HOME EQUITY INCREASES FOR THIRD STRAIGHT QUARTER
Contact: Katie Oehl Rasky Baerlein Strategic Communications Koehl@Rasky.com (202) 530-7709 SENIOR HOME EQUITY INCREASES FOR THIRD STRAIGHT QUARTER FOR IMMEDIATE RELEASE March 20, 2013 WASHINGTON, D.C.
More informationUnderstanding the Technical Market Indicators
Understanding the Technical Market Indicators Revised: October 2009 Article Written By: Md Saeed Ul Hoque Golden Gate University San Francisco, CA Sharif Gias Assistant Professor of Finance University
More informationHow Gold Improves Alternative Asset
How Gold Improves Alternative Asset Performance Alternative investments began gaining traction during the inflationary times of the late 1970s and early 1980s. Modern Portfolio Theory (MPT), as outlined
More informationLicensed by the California Department of Corporations as an Investment Advisor
Licensed by the California Department of Corporations as an Investment Advisor The Impact of the Alternative Minimum Tax (AMT) on Leverage Benefits My associate Matthias Schoener has pointed out to me
More informationTestimony of Christopher M. Ryon Principal and Senior Municipal Bond Portfolio Manager The Vanguard Group
I. Introduction Testimony of Christopher M. Ryon Principal and Senior Municipal Bond Portfolio Manager The Vanguard Group Before the United States Senate Committee on Banking, Housing, and Urban Affairs
More information1.011 Project Evaluation Choosing a Discount Rate Carl D. Martland
1.011 Project Evaluation Choosing a Discount Rate Carl D. Martland Rate of Return on an Investment Minimally Acceptable Rate of Return Capital Markets - Risk vs. Return Weighted Average Cost of Capital
More informationPre- and Post Test Middle School / Grades 6-8
Pre- and Post Test Middle School / Grades 6-8 1. You can look in today s newspaper to see today s closing price of a stock. a) true b) false 2. Joey, a conservative investor with a low risk tolerance,
More informationAsset Something of value to an individual or a company. The major financial asset classes are stocks, bonds, and commodities.
THE FINANCIAL MARKETS OBJECTIVES: Students will be able to: Understand the trade-off between risk and reward in investing Identify and define the three major financial asset classes Explain what factors
More informationHousing Cooperatives. An Accessible and Lasting Tool for Home Ownership. Northcountry Cooperative Development Fund
Housing Cooperatives An Accessible and Lasting Tool for Home Ownership Northcountry Cooperative Development Fund Did you know. that in the United States, more than 1.5 million families of all income levels
More informationWall Street s Campaign Contributions and Lobbyist Expenditures
SOLD OUT 99 Wall Street s Campaign Contributions and Lobbyist Expenditures The financial sector invested more than $5 billion in political influence purchasing in the United States over the last decade.
More informationReal Estate Investment Newsletter May 2004
Pooled Investment: A Primer This month I will explain the benefits of pooling your money to invest in real estate along with other investors as an alternative to direct ownership of real estate. We ll
More informationEverYield Investments is a Registered Investment Advisor. Registered with the State and the Securities and Exchange Commission (SEC)
Introduction to EverYield Investments is a Registered Investment Advisor Independent 2 Not paid to promote any products Not paid any commissions on any transactions No conflict of interest Can recommend
More informationBASKET A collection of securities. The underlying securities within an ETF are often collectively referred to as a basket
Glossary: The ETF Portfolio Challenge Glossary is designed to help familiarize our participants with concepts and terminology closely associated with Exchange- Traded Products. For more educational offerings,
More informationFinancial Statements and Ratios: Notes
Financial Statements and Ratios: Notes 1. Uses of the income statement for evaluation Investors use the income statement to help judge their return on investment and creditors (lenders) use it to help
More informationSankaty Advisors, LLC
Leveraged Loans: A Primer December 2012 In today s market environment of low rates and slow growth, we believe that leveraged loans offer a unique diversification option for fixed income portfolios due
More informationRussell Funds Russell Tax Exempt High Yield Bond Fund Money Manager and Russell Overview November 2015
Russell Tax Exempt High Yield Bond Fund Money Manager and Russell Overview November 2015 Russell s investment approach Russell uses a multi-asset approach to investing, combining asset allocation, manager
More information1. What is the difference between nominal returns and real returns?
End of Chapter 11 Questions and Answers 1. What is the difference between nominal returns and real returns? Answer: Nominal returns include inflation while real returns have inflation netted out. For example,
More informationLecture 16: Financial Crisis
Lecture 16: Financial Crisis What is a Financial Crisis? A financial crisis occurs when there is a particularly large disruption to information flows in financial markets, with the result that financial
More informationPursuing a Better Investment Experience
Pursuing a Better Investment Experience Last updated: March 2015 1. Embrace Market Pricing World Equity Trading in 2014 Daily Average Number of Trades 60 million Dollar Volume $302 billion The market is
More informationForecasting in a Windstorm. The Forecasting in a Windstorm webinar will begin shortly.
The Forecasting in a Windstorm webinar will begin shortly. If you need technical assistance with the webcast, contact us at hsmai@commpartners.com and we will assist you immediately. 1 hsmai.org Forecasting
More informationProject Financing for Small Volume Home Builders
Project Financing for Small Volume Home Builders Thursday, January 22 10:00-11:00 AM Location: South 221 Moderator: Tom Farrell, Director Landmark Capital Advisors Panelists: Bruce Beck, Senior Vice President
More informationTD Direct Investing Relationship Disclosure
TD Direct Investing Relationship Disclosure Welcome to TD Direct Investing. We are committed to providing you with exceptional service, support and a comfortable investing experience to meet your unique
More informationLoan Modifications, Short Sales, and Foreclosures
Sponsored by Loan Modifications, Short Sales, and Foreclosures I can t make my house payments. What do you think I should do? How the Financial Advisor can counsel clients in an informed and strategic
More informationPennyMac Financial Services, Inc.
PennyMac Financial Services, Inc. Third Quarter 2014 Earnings Transcript November 5, 2014 1 P a g e Introduction Good afternoon and welcome to the third quarter 2014 earnings discussion for PennyMac Financial
More informationThe economy. The bond market. The stock market
The economy Global headlines trump steady U.S. economy The U.S. economy continues to plod its way forward at a slow and steady pace. Short-term setbacks seem to be the norm, but a general sense of an improving
More informationJ.P. Morgan FinTech and Specialty Finance Forum December 2015
J.P. Morgan FinTech and Specialty Finance Forum December 2015 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange
More informationWhy rent when you can buy?
Why rent when you can buy? Are you unsure about becoming a HOMEOWNER? Thinking that you can t afford to BUY a home? Are you worried about whether homebuying is a good INVESTMENT? Buying a first home can
More informationDeutsche Alternative Asset Allocation VIP
Alternative Deutsche Alternative Asset Allocation VIP All-in-one exposure to alternative asset classes : a key piece in asset allocation Building a portfolio of stocks, bonds and cash has long been recognized
More informationOpening Doors For Muslim Families In America
Fe r d de i M a c We Open Doors Opening Doors For Muslim Families In America Saber Salam Vice President, Freddie Mac April 2002 Introduction The dream of homeownership is at the core of American society.
More informationUSDA Guarantee + NMTC Equity = Facility Financing for a Start Up Charter School
USDA Guarantee + NMTC Equity = Facility Financing for a Start Up Charter School Berkshire Arts & Technology Public Charter School Adams, MA The BArT Charter School opened its doors in the fall of 2004
More informationFixed Income Strategy
Patrick McCluskey, Senior Fixed Income Strategist Fixed Income Strategy May 23, 2016 A Guide to Investing in Community Bank Preferred Stock What is Preferred Stock? Preferred stock is a perpetual fixed-income
More informationThe Language of the Stock Market
The Language of the Stock Market Family Economics & Financial Education Family Economics & Financial Education Revised November 2004 Investing Unit Language of the Stock Market Slide 1 Why Learn About
More informationFinancing Options for Your Small Business. Show me the money!
Financing Options for Your Small Business Show me the money! Purpose: Commercial Financing Basics Potential Methods of Commercial Finance Overview of U.S. Small Business Administration Key Lending Programs
More informationFinancial Planning for East Coast Yachts
Financial Planning for East Coast Yachts Prepared for East Coast Yachts Prepared by Dan Ervin, Mary-Ann Lawrence, Kevin Klepacki, Katie Wilson, Andrew Wright January 1, 2010 Table of Contents iii Table
More informationCamille Kerr and Corey Rosen, National Center for Employee Ownership
Camille Kerr and Corey Rosen, National Center for Employee Ownership Companies with 1,000 or fewer employees, almost all of which are closely held, provide almost 60% of all private sector jobs in the
More informationUnderstanding Bank Loans: Opportunities for Diversification and Risk Reduction
Understanding Bank Loans: Opportunities for Diversification and Risk Reduction December 28 By: Niklas Nordenfelt, CFA Senior Portfolio Manager, Co-Manager of Sutter High Yield Fixed Income Paolo L. Villasenor
More informationThe Economic Outlook for Investors and Business Decision Makers
The Economic Outlook for Investors and Business Decision Makers Dr. Mark G. Dotzour Chief Economist Real Estate Center at Texas A&M University College Station, TX Topic One: Bullish Outlook Continues America
More information1. Planning - Establishing organizational goals and deciding how to accomplish them
1 : Understanding the Management Process Basic Management Functions 1. Planning - Establishing organizational goals and deciding how to accomplish them SWOT analysis - The identification and evaluation
More informationANSWERS TO END-OF-CHAPTER QUESTIONS
ANSWERS TO END-OF-CHAPTER QUESTIONS 7-1 In what ways are national income statistics useful? National income accounting does for the economy as a whole what private accounting does for businesses. Firms
More informationRapid financial innovation has
JORGE A. CHAN-LAU is a senior financial officer in the Structured and Securitized Products Department at the International Finance Corporation in Washington, D.C. jchanlau@ifc.org LI LIAN ONG is a senior
More informationBalanced fund: A mutual fund with a mix of stocks and bonds. It offers safety of principal, regular income and modest growth.
Wealth for Life Glossary Aggressive growth fund: A mutual fund that aims for the highest capital gains. They often invest in smaller emerging companies that offer maximum growth potential. Adjustable Rate
More informationF 3 STANDING COMMITTEES. Finance and Asset Management Committee. Debt Management Annual Report INFORMATION
STANDING COMMITTEES F 3 Finance and Asset Management Committee Debt Management Annual Report INFORMATION The Board of Regents is charged with adopting the University s Debt Management Policy, establishing
More informationWhat s next for US banks
JUNE 2009 f i n a n c i a l s e r v i c e s p r a c t i c e What s next for US banks Two different kinds of accounting fair value and hold to maturity have created two different kinds of crises. One is
More informationTHE STOCK EXCHANGE. Agócs Adrienne
THE STOCK EXCHANGE Agócs Adrienne OUTLINE The stock exchange shares, bonds and securities The main roles of the stock exchange Bulls and bears Types of securities Different information about the performance
More informationWhy Learn About Stocks?
Language of the Stock Market Family Economics & Financial Education 1.12.2.F1 Why Learn About Stocks? O ne hears about the stock market on a daily basis. Not necessarily because they want to, but because
More informationBranching out: FinTech, rising CRE costs driving design strategy for U.S. banks
Branching out: FinTech, rising CRE costs driving design strategy for U.S. banks United States 2015 Banking in 2015: How trends affect space design A JLL research study of recent office and retail leasing
More informationDB Corporate Pensions puzzled by the negative interest rate policy Allocation to alternatives reaches record high
Tokyo Building 2-7-3, Marunouchi, Chiyoda-ku Tokyo, 100-6432, Japan This is a translation of the Japanese press release issued in Tokyo on 27 th June, 2016. Press Release J.P. Morgan Asset Management releases
More informationAccenture Workplace Solutions. From fixed to variable real estate
Accenture Workplace Solutions From fixed to variable real estate How workplace supports Accenture Workplace Innovation Portfolio Strategy and Transactions Consulting and Business Practice Operations Exec
More informationInvestment Banks, Security, Brokers and Dealers, and Venture Capital Firms
Investment Banks, Security, Brokers and Dealers, and Venture Capital Firms Investment Banks Investment banks are best known as Intermediaries that help corporations raise funds Investment banks provide
More informationBefore You Invest Post Test (HS)
Before You Invest Post Test (HS) 1. Common stock ownership gives investors a. voting rights in shareholders meetings b. guaranteed dividends c. low risk with a high rate of return. 2. The statement risk
More informationHow To Buy Stock On Margin
LESSON 8 BUYING ON MARGIN AND SELLING SHORT ACTIVITY 8.1 A MARGINAL PLAY Stockbroker Luke, Katie, and Jeremy are sitting around a desk near a sign labeled Brokerage Office. The Moderator is standing in
More informationUNDERSTANDING MUTUAL FUNDS. TC83038(0215)3 Cat No 64095(0215)
UNDERSTANDING MUTUAL FUNDS 10 % TC83038(0215)3 Cat No 64095(0215) Investing your hard earned money comes with some big decisions. So, before you invest, you need to ask yourself a simple question: What
More informationNew York's 529 Advisor-Guided College Savings Program
New York's 529 Advisor-Guided College Savings Program Data as of May 3, 204 month (as of 3/3/204) 0 yrs Expense ratio AGE-BASED PORTFOLIOS JPMorgan 529 Aggressive Age-Based Portfolio (Age 0-5) 2,3,4,5,6,7,8,9,37
More informationThe Money Market and the Interest Rate. 2003 South-Western/Thomson Learning
The Money Market and the Interest Rate 2003 South-Western/Thomson Learning Individuals Demand for Money An individual s quantity of money demanded is the amount of wealth that the individual chooses to
More informationImportant Information about Real Estate Investment Trusts (REITs)
Robert W. Baird & Co. Incorporated Important Information about Real Estate Investment Trusts (REITs) Baird has prepared this document to help you understand the characteristics and risks associated with
More informationUsing Securities Markets for Financing & Investing Opportunities
Chapter Nineteen Using Securities Markets for Financing & Investing Opportunities McGraw-Hill/Irwin Copyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved. WARREN BUFFETT Berkshire Hathaway
More informationThe ESOP Association Midwest Conference
The ESOP Association Midwest Conference September 11, 2015 Alternative Forms of Capital for Mature ESOP Companies Presented by: Elizabeth Perdue Peter Pricco John Solimine Agenda I. Mature ESOP Capital
More informationEconomic Forecast OUTPUT AND EMPLOYMENT WHAT THE TABLE SHOWS:
Economic Forecast OUTPUT AND EMPLOYMENT 7 8 9 1 11 1 13 1 15 United States Real GDP $ billions (fourth quarter) $1,996 $1,575 $1,5 $1,9 $15, $15,5 $15,9 $16,51 $17,1 % change over the four quarters 1.9%
More informationVOCABULARY INVESTING Student Worksheet
Vocabulary Worksheet Page 1 Name Period VOCABULARY INVESTING Student Worksheet PRIMARY VOCABULARY 1. Savings: 2. Investments: 3. Investing: 4. Risk: 5. Return: 6. Liquidity: 7. Stocks: 8. Bonds: 9. Mutual
More informationAnswers to Concepts in Review
Answers to Concepts in Review 1. (a) In the money market, short-term securities such as CDs, T-bills, and banker s acceptances are traded. Long-term securities such as stocks and bonds are traded in the
More informationInvest in your future
Invest in your future Investing, and your Pensions NO BETTER TIME THAN THE PRESENT - Investing, and Your Pension The sooner you start investing, the better off you will be. Taking an early interest in
More informationTips for Avoiding Bad Financial Advice
Tips for Avoiding Bad Financial Advice This guide is a free public service from Paladin Registry. It contains information that will increase your awareness about issues that concern advisors and help you
More informationAustralian Real Estate Debt Markets Observed
Technical PAPER Australian Real Estate Debt Markets Observed The Demand for Longer Duration Debt in Australia > There has been a seismic shift in the source of capital for recent A-REIT borrowings as institutional
More informationSynopsis of Case Study
Obliged: Goldman Sachs vs. The U.S. Securities and Exchange Commission Synopsis of Case Study This case study highlights the public relations and external communications of financial services firm Goldman
More informationSFDCP TARGET DATE FUND PORTFOLIO SUMMARY: January 29, 2016
SFDCP TARGET DATE FUND PORTFOLIO SUMMARY: January 29, 2016 SFDCP Target Date Funds Overview SFDCP Target Date Funds (each, a Fund and collectively the Funds or the SFDCP Target Date Funds ) were developed
More informationFree Download Stock And Option Trading. borrow digital books online. >** Click Here to Download Stock And Option Trading. Now **<
Free Download Stock And Option Trading. borrow digital books online >** Click Here to Download Stock And Option Trading. Now **< Options Trading - Fidelity Conservative Options Trading For Individual Investors...
More informationThe Business Credit Index
The Business Credit Index April 8 Published by the Credit Management Research Centre, Leeds University Business School April 8 1 April 8 THE BUSINESS CREDIT INDEX During the last ten years the Credit Management
More informationChurchill Management Group
Churchill Management Group Monthly Market Update February 9, 2016 TACTICAL STRATEGIES PREMIER WEALTH TACTICAL & PREMIER WEALTH TACTICAL CORE The market began the year with its worst start ever before recovering
More informationThinking Of Starting Your Own SMSF?
Thinking Of Starting Your Own SMSF? Introduction It s no coincidence that interest in self managed superannuation has skyrocketed since the global financial crisis (GFC). The loss of investor confidence
More informationwww.citizenshipteacher.co.uk 2011 16228 1
The stock market www.citizenshipteacher.co.uk 2011 16228 1 Lesson objectives I will understand what a stock market is. I will identify what caused the downturn in the American Stock Market. www.citizenshipteacher.co.uk
More informationCurrent Issues Note 27 Central London office market through the recession By Yeukai Muchenje and Nick Ennis
Current Issues Note 27 By Yeukai Muchenje and Nick Ennis copyright Greater London Authority November 2010 Published by Greater London Authority City Hall The Queen s Walk London SE1 2AA www.london.gov.uk
More informationGraduate School of Colorado SBA lending Presentation
Graduate School of Colorado SBA lending Presentation SBA lending course summary The course will provide an overview and comparison of SBA 7a, SBA 504 and USDA Business & Industry (B&I) loan programs. SBA
More informationLocal Consumer Commerce
March 2016 LOCAL CONSUMER COMMERCE DECEMBER 2015 Local Consumer Commerce December 2015 DEC 2015 2.3 % The Local Consumer Commerce Index (LCCI) increased 2.3 percent year-over-year in December 2015. Figure
More informationRiverview Bancorp Earns $1.6 Million In First Fiscal Quarter Highlighted by Continued Credit Quality Improvements
Contacts: Pat Sheaffer or Ron Wysaske, Riverview Bancorp, Inc. 360-693-6650 Riverview Bancorp Earns $1.6 Million In First Fiscal Quarter Highlighted by Continued Credit Quality Improvements Vancouver,
More informationE2-2: Identifying Financing, Investing and Operating Transactions?
E2-2: Identifying Financing, Investing and Operating Transactions? Listed below are eight transactions. In each case, identify whether the transaction is an example of financing, investing or operating
More informationJA Take Stock In Your Future Session Two
JA Take Stock In Your Future Session Two Objectives You will be able to: Identify pieces of information from a stock table (Section 2); Use that information to distinguish if the stock would be a suitable
More informationLessons On Buying Stocks
Lessons On Buying Stocks 1. Earnings: The Indispensable Element Of Great Stocks Insist on the best earnings performance, not just a promise of earnings. This way, you will pick stocks with the best probability
More information2013 World Grain Outlook
2013 World Grain Outlook Presented by: John Roach February 18, 2013 Disclaimer: Futures/options trading involves substantial risk of loss and trading may not be suitable for all investors. You should fully
More informationProperty Stocks Attractive Following Sell-Off
Jonathan Litt Founder & CEO Property Stocks Attractive Following Sell-Off Historically, following knee jerk sell-offs in response to a rise in interest rates, REITs deliver double-digit returns within
More information