Business Management
People on the Move
Neal Joins GVA Advantis as Chairman
Aug. 20, 2008
GVA Advantis said today that Jeffrey Neal has joined the company as chairman. Most recently, he was the co-founder and principal of the Washington-based real estate development company Monument Realty.
Executive Q&A
Brookwood Takes Residential Respite from Chaotic Commercial Market
Aug. 18, 2008
It might appear counterintuitive for a significant private equity player, having chucked most of its commercial real estate at the height of the market, to then take refuge in the seemingly even more troubled residential market, but that’s exactly what Brookwood Financial Partners L.P. has done.
New Environmental Regulations Impact Loans, Due Diligence
Aug. 11, 2008
On Aug. 1, new environmental regulations in the revised Small Business Administration's standard operating procedures for lender and development company loan programs took effect. CPN associate editor Amanda Marsh spoke with Derek Ezovski, managing director of Environmental Data Resources’ commercial property due diligence services, about how these new regulations will impact real estate.
Casinos Use Technology to Combat Downturn
Aug. 11, 2008
The volatile U.S. economy has taken its toll on casinos, which are now experiencing something of a slowdown. However, casino operators are ready to weather the downturn with strategies and technology to maximize revenue from each guest. CPN associate editor Amanda Marsh discussed the state of the market and this technology use with Bruce Barfield, president & principal of The Rainmaker Group, which produces a profit optimization software--dubbed revolution Product Suite--that helps operators make decisions on room rates and allocation based on forecasting algorithms and customers’ spending and gaming histories.
Corporate Profiles
Safe Harbors: Worden Steers Scout Real Estate Capital to Resort Success
Aug. 01, 2008
In the year it took Alan Worden and his wife to sail from Nantucket, Mass., to New Zealand, plenty of unexpected events barraged the CEO of Scout Real Estate Capital L.L.C. The 2000 voyage navigated through multiple storms and a near collision with a freighter while anchored off the coast of the Galapagos Islands.
Management Strategies
Management Matters with Mike Myatt: Is Family Business a Good Idea?
Aug. 15, 2008
Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference. I have observed extremely successful family enterprises that strengthen relationships and flourish across generations. I have also witnessed business ventures that were responsible for the total destruction of what were previously very close families. Whatever decision is made with respect to bringing family members into a business, it is a decision that should not be taken lightly. In this week's column I'll share my thoughts on the topic of family businesses.
Management Matters with Mike Myatt: What to Do When Marketing Goes Wild
Aug. 08, 2008
Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control? Those of you familiar with my work know that I'm generally a strong advocate for sales- and marketing-driven organizations. However my typical pro-marketing position assumes that certain key fundamentals are in place to ensure that the lunatics don't somehow become in charge of the asylum. In today's column I'll discuss how to keep marketing in check so that brand focus is maintained and your company avoids the costly trap of marketing gone awry.
Six Mistakes Real Leaders Avoid
Aug. 01, 2008
I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great number of tests that can quickly assess leadership ability. Something as simple as a 360 review, or as complex as a deep psychological profile (both with weighted emphasis on leadership aptitude) can point out an individuals' leadership capabilities. Our firm (as do many other firms) offers a broad array of skill specific assessments and profiles which can be implemented, but for purposes of answering the specific question at hand, in today's column I'll give you six areas to peel back the layers on when evaluating potential leaders.
Real Estate Developers Can Build Success in the Industry
Commercial real estate advertising and marketing is just one of the many topics covered in CPN's Business Management news resource section. Read about the many management strategies employed to make real estate development projects a success.
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