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| The Commercial Real Estate Tsunami A Survival Guide For Lenders Owners Buyers And Brokers Wiley FinancePosted on October 21, 2010. ![]() An in-depth look at commercial real estate WHY IS inevitable collapse, and how to survive it The Commercial Real Estate Tsunami Is The first book to address The Phenomenon Of The pending wave of commercial debt coming due in Maturities The Next Five Years, And The Impact Those Maturities Will Have On The Commercial Real Estate Markets When combined With The Economic Crisis The historic World is experiencing at this time. On The Drawing of KM experts reconnu In The Commercial Real Estate Industry and Financial Markets, as well as "Lessons Learned From The commercial real estate downturns Of The 1980s and 1990s, author Tony Wood fills a void in o Understanding Of The Causes Of The Crisis and What To Expect in the Future.
Heeding The Advice and Guidance Of The contributors in this book Will Benefit anyone navigating turbulent waters and thesis help lead 'em to Higher Ground. CommentsAntonette Tobosa says... Wow- I knew that the commercial real estate "bubble" was likely to be the next one to burst, but I had no idea how sever a shock to our ecosystem that tsunami was likely to cause. Woods' research, interpretation and insights are surprisingly clear, easy to follow and insightful. I found myself on the edge of disbelief and trying to challenge some of the assertions, but they are so well supported, it was hard to do. I just finished it and, like a complex movie, am about to sit down and go through it again, as I am sure there are lots of tidbits that I will more fully appreciate upon a second reading. If you are interested enough in this topic to be reading this review, buy the book! Posted on October 21, 2010 Andree Worthey says... Different times require different strategies. I normally would avoid a book with a title similar to this one. It creates some kind of anxiety that I would much rather do without. However and against my own rule I went ahead and purchased the book and to my surprise it has been enlightening. I find the tsunami analogy appropriate and helpful to grasp the concept. The book is well researched and the author choose credible and authoritative sources to document the facts. Several years ago I had the opportunity to take a CCIM core course with one of the book contributors and know first hand the expertise and excellence that person provides. Having that person be a part of the book gave me the confidence to incorporate the use of the book into my toolbox (I do a lot of consulting with clients and often use books as reference to back up my advice). I own a commercial real estate brokerage and investment firm and also a commercial real estate educational institute and this book now is required reading for our staff and associates. It provides sound advice tailored to our diverse class of clients (lenders - chapter 6, owners and borrowers - chapter 7, buyers - chapter 8, brokers - chapter 9). I also use the data provided to share with my corporate clients as far as making shrewd leasing/buy decisions in this market. I would love to see a follow up book, perhaps next year. Posted on October 22, 2010 Florence Scholnick says... I thought the book was very educational and did an extraordinary job in describing the financial mess we're currently in. It reflects on the history of past markets and does a great job describing the magnitude of the problem our economy is in. I would definitely recommend it! Posted on October 23, 2010 Marcelene Shelvin says... I found this book to be extremely interesting, packed with facts, and presented in an easy-to-read manner. Woods presents the material in a way that makes an otherwise troubling topic seem hopeful. He gives a solid platform for understanding and builds upon that platform through facts, expert interviews and very compelling reasoning. Posted on October 23, 2010 Dorsey Saine says... You can get this information off the web for free.It has about 10 pages of info and the rest of it is filling pages to make it a book that sells for wayyyy tooooo much.He even gave an absolute pointless chapter of the book to his wife for her common sense advice on .... I'm not sure what actually. Posted on October 24, 2010 Roberto Rathbum says... If you are associated in any way with the real estate industry, are curious about the changes in the real estate market, or simply enjoy a well-written, timely and enlightening book, The Commercial Real Estate Tsumani will hold your interest as it guides you through the chronicles of thereal estate upheaval.Tony not only explains the progression, but offers solutions and hope for the future.He is knowledgeable, well informed, and has tapped some of the foremost experts in the field for their insight.This book is clever and well worth reading! Posted on October 25, 2010 Alta Simpler says... This was a well written, well researched book. A must read for anyone that would like to make sense of our current economic state. An absolute must read for anyone who has or is looking to invest in real estate. Posted on October 26, 2010 Kerri Oroz says... The Commercial Real Estate Market is in a slowly quickening down spiral. We have seen it happen in the residential market and now Mr. Wood is providing us with a dismal forecast for the commercial real estate market! He first supplies us with some very convincing statistics showing how vacancy rates have increased significantly while rental rates have decreased as owners strive to survive in the rental market. After showing us what is happening, he begins to develop the idea that there are solutions to this dilemma out there. He brings in Congressional testimony to show that prominent real estate organizations are facing up to the dangers of the situation. He then enlists the opinions of such experts in the field as Dr. Sam Chandan, Mr. Eric Von Berg, Ms. Maura O'Connor, Mr. Tom Loeswick and Mr. Anton Qui to develop the ideas of danger in investments and then the potential for resolution and safety. Mr. Wood ends the book with an excellent chapter, written by Ms. Donna Wood, MFT, which provides detailed steps to aid families in traversing the rough times brought on by this crisis. The book is a good read on a subject that will bring first tears to the eyes of CRE agents and then a smile as Mr. Wood succinctly outlines the possible solutions to a crisis that is currently building into a tsunami. His writing style flows easily, just as does his speaking style, for I have seen both in action. He is a good writer, writing about a tough set of times. This is a must read for commercial real estate agents world wide! Posted on October 28, 2010 Alfredia Harleman says... The Commercial Real Estate Tsunami covers every aspect of the commercial real estate crisis and offers solid, timely advice for anyone in the industry. This book is an easy read and the concepts are easy to understand as the author uses the analogy of the various stages of a tsunami. Great read and valuable resource. 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