Commercial Real Estate Price Risk. A Risk Management Approach Using Capital Markets

She greeted me pleasantly. I asked her into my office as I wanted to describe the apartment/staffing project I wanted her to undertake. Ann was delighted with the assignment. She said that she was glad I was trusting her to give her another part of my life to run. She promised that she would make this another priority effort. I told Ann that I had a meeting that morning concerning a commercial real estate venture I was contemplating, that I would be out of the office from about 10:00 a.m. and that I would be back at 2:00 that afternoon. Ann told me that she had other receptionists scheduled to come in and that if anyone were promising she would have them back to see me. I spent that morning with a potential investing partner looking over a series of storefront properties in Yonkers which were for sale. We talked to the storekeepers who were in the buildings to gauge their sense of the neighborhood, its prospects and the physical conditions of their stores. On our way back to the city, we stopped at an Italian restaurant on Arthur Avenue in the Bronx for an enjoyable lunch ...»