The positive is reducing exposure from a heavily regulated state versus CPT’s broader Sunbelt investment focus – Alexander Goldfarb, Piper Sandler Camden Property Trust (CPT) – an $11 billion Apartment REIT – is the latest REIT to decide to exit…
The S&P closed Thursday only a few points shy of a new All Time High. With Futures currently in positive territory, it appears the market will make another run at it Friday. While everyone loves a bull market, there are…
The stock market got smashed to open September after the long Labor Day weekend. The S&P was -2.12% and the NASDAQ -3.26%. Nvidia (NVDA) led the way, dropping almost 10% as news that the DOJ is investigating it for antitrust…
In the three weeks since the start of our third quarter on May 1st, which coincided with the expiration of the homebuyer tax credit, our per community deposits and traffic were up 23% and 11%, respectively, over last year’s comparable…
The state of California’s real unfunded pension debt clocks in at more than $500 billion, nearly eight times greater than officially reported. That’s the finding from a study released Monday by Stanford University’s public policy program, confirming a recent report…
California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use of derivatives to plug holes, and…
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We’re looking to get these properties sold as soon as possible. – Eric Lamoureux, CA Department of General Services Spokesmen The state wants to sell the buildings for the cash and then lease them back from the new owners. It…
An especially intriguing candidate in a colorful field is Tom Campbell. Colorful he is not. “Talk softly and carry a small calculator” could be his motto. What glitter, however, are his resume and agenda. He has a Harvard law degree…
It’s a dereliction of our first duty as American citizens. We’re talking about someone who has practically not voted her entire adulthood. It’s embarrassing. – Mark Petracca, Political Science Professor, UC Irvine A real problem for Meg Whitman’s campaign for Governor…