Michael Ferrer
@MikeFerrerCCIM
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Commercial Real Estate Consultant, frustrated artist and #triathlete #realestate #industrial #office #chs #sc #charleston #ClemsonAlum #BJJ #BassGuitar #MOB
Charleston SC
Joined October 2010
what do you guys think?
X's Right-Wing Echo Chamber Feedback Loop: 1) Platform Demographics: X has 3-4 times as many Republicans posting as Democrats, according to a recent poll by Elon Musk. 2) Content Imbalance: Left-leaning users are often subject to personal attacks within their posts and are
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@KobeissiLetter On commercial real estate, delinquency rates are rising: https://t.co/n4xOfjb0hI
Rising Commercial Real Estate Delinquency Rates Delinquency rates for commercial real estate have risen during each of the past three recessionary periods. This chart shows the year-over-year change in delinquency rates. In Q3 2001, delinquency rates increased to 1.93%. In Q1
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I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made) I’ll pick the winners in 72 hours
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I used to love @amazon Alexa now it sucks. The bait and switch upselling is obnoxious. I threw my device out today. Who wants an AI assistant who doesn’t do what you ask?! #Siri is way better. @JeffBezos . Please @elonmusk make a better device and take all their market share
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The new normal for Commercial Real Estate (CRE): Properties are selling for less than half of what they were worth just 5 years ago. A downtown Los Angeles office building that sold for $92.5 million in 2018 just sold for $44.7 million. 2 days ago, the Aon Center, Los Angeles'
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JUST IN: Chinese property stocks are now down ~65% from their highs and back to 2008 levels. Over the last year, sales of Chinese property stocks are down almost 25%. To put this in perspective, this is worse than 2008 when sales fell by ~20%. China also cut interest rates on
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Africa has the fastest-growing, youngest population of any continent. By 2050, one in four people on the planet will be African — a development that will transform many African countries, experts say, and reshape their relationship with the world.
nytimes.com
Africa has the fastest growing, youngest population of any continent. By 2050, one in four people on the planet will be African. Early tremors of this seismic change are already registering around...
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BREAKING: New home prices just crashed by the largest amount on record, down 18% over the last year. According to Reventure, this is the biggest annual decline back to 1965. Even in the worst month of the 2008 financial crisis, the biggest decline was 15%. The worst part? New
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JUST IN: Bankruptcy documents show that WeWork, $WE, will immediately break 40 office leases in New York City. Documents also show that WeWork plans to break leases on 70 properties in New York City. The worst part? 40 of these locations are completely empty. This comes less
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Over 70% of commercial real estate loans are from small banks. These are the same banks that nearly collapsed in the regional bank crisis. All as $1.5 trillion of CRE loans are set to be refinanced by 2025. Follow us @KobeissiLetter for real time analysis as this develops.
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Here's a fun fact: The CEO of Lucid Motors earned $379 million in 2022. That is more than the combined pay of the CEOs of Apple, Microsoft, and Google. And the kicker? -- Lucid only made $608 million in revenue in 2022!
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David Bakhtiari sounds off on the NFL’s turf issue following Aaron Rodgers ankle injury at MetLife stadium.
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Man… Jets fans have to have the worst experience as sports fans on earth.
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You certainly hope it's not severe, but this is certainly reminiscent of the 1999 opener, when Vinny Testaverde ruptured an Achilles' in the second quarter. #Jets
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