Q4-2009 Calgary Investment Cycle Review - Interim ReportRutherford International’s Commercial Real Estate Investment Cycle Survey is designed to highlight senior executive opinion on the "direction" of investment fundamentals and volume of transaction activity. The survey questionnaire was directed to active investment executives within the Owner/Developer/Lender/Service sectors of the commercial real estate industry throughout major North American, European, Asian and BRIC cities. This particular survey focuses on Calgary, Alberta, Canada. Download Here
It may seem unusual for a real estate executive search firm to be conducting a survey of this type, as it would appear to have little to do with human resources. However, we belive that as important as it is to understand where we are in a market cycle for an asset management strategy, it's equally important in human resource and career planning.
For example, the attributes, character and experience required in a rising market are quite different to that of declining real estate market. If the market is correcting on the 'downside' of the investment cycle slope, then skills in asset management, leasing, operations, tenant retention, collections are critical attributes to have within an organization; along with optimism and creativity to take advantage of "Unrecognized Trend" once the bottom has been reached.
This survey result is preliminary pending completion of the data collection on December 15th. The final report will be published by January 1, 2010. If you are an active participant in Calgary’s commercial real estate investment sector and have yet to do so, we would welcome your involvement in, or recommendation of possible survey participants. Please contact Forbes Rutherford.
The survey result is accessible on my Blog or my LinkedIn profile.
About Rutherford InternationalRutherford International specialized in executive, strategic partner and interim executive search. We consult to real estate developers, owners, banks, life companies, service firms and fund managers on matters of executive and management selection utilizing a referral network in over forty countries. Our "Interim Management" practice offers clients a flexible staffing option by supplying contracted expertise in accounting, development, project management, asset stabilization, restructuring and financial workout.
About North American Real Estate Recruiters (NARER)A division of Rutherford International, NARER offers clients a low cost approach to sourcing candidates with the benefit of Rutherford International's counsel and assessment methods. Through this service, we project manage on a "time and material" basis the recruitment and assessment of key staff by utilizing an external network of agencies, job boards and internet tools to source talent. To learn more, contact Forbes Rutherford at 416-250-6300 Ext. 227
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CommentaryRecessionary Jitters & Financial Colonics
"...you wrote in Jan. 08 that an unstable sub-prime and derivative market would precipitate a major market correction..."
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The Unmanageable Managed Network
"Is the managed network of affiliated independent brokers a failed business model?"
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Right Sizing in Recessionary Times
"...three types of executives one might observe in the face of an impending recession..."
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Globalization of the Real Estate Professional
"...A fundamental consideration for choosing a career in real estate..."
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Three Market Opportunities
1. Real Estate
2. PPP
3. Restructuring
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Future SurveysQ4/2009 - Employment Demand 2010
Survey of HR Executives within North America's Owner/Manager, Lender & Advisory community.
Q4/2009 - Investment Cycle
Aggregating opinion of regional experts in major global markets utilizing the Delphi survey technique. To participate in your city survey - go to REmatrix.com
Contact Information:
Rutherford International
Royal Bank Plaza, Nth. Tower, Suite 1650, 200 Bay St., Toronto, ON, CA, M5J 2J2,
T: 416-250-6300
Sun Life Plaza, Suite 1600, 144 4th Ave., S.W., Calgary, AB, CA, T2P 3N4
T: 403-698-8266
Skype: rutherfordintl
E: forbes@rutherfordinternational.com
W: www.rutherfordinternational.com
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