Quarterly Newsletters

 

2012 – 2nd Quarter Update

Greetings! The mantra of the early 90’s was “cash is king”.  Without diminishing its royal status, “cash” has been relegated to a slightly lower status and “cash flow” has been coronated. Almost everywhere, cash flow yields have evaporated. 10-year treasury, municipal and corporate bond yields are paltry compared to ten years ago and they are not without(…)

More

2012 – 1st Quarter Update

In the past 18 months, Morris Capital Partners, LLC and our investment partners have assembled an institutional quality retail portfolio with entrepreneurial yields. In general, institutional investors, such as pension funds are seeking and closing on properties and portfolios in trade areas which have positive population and job growth trends with high concentrations of households(…)

More

2011 – 4th Quarter Update

Greetings, While not discounting the global market concerns, especially the European debt crises, our own National debt, the uncertain jobs picture and the potential for increased tensions over the Straits of Hormuz, generally the economic conditions in the US are improving, albeit at a much slower pace than hoped for. The upcoming presidential election is(…)

More

2011 – 3rd Quarter Update

Greetings,The commercial real estate industry was not immune to the bumpy economic ride experienced by the US in the 3rd Quarter of 2011, primarily due to the European debt concerns and several missteps by the credit rating agencies. S&P abruptly and mistakenly withdrew its rating on the $1.5B CMBS offering of Goldman Sachs and Citigroup(…)

More

2011 – 2nd Quarter Update

Greetings, We have been busy the last 8 months, acquiring over 400,000 square feet of retail space, including a 118,000 square foot community center which we just closed late last month in a suburb of Little Rock, AR and a 34,000 square foot neighborhood center in Columbus, Ohio two weeks ago. We also are closing(…)

More

2011 – 1st Quarter Economic Perspective

Cautiously Optimistic! I know this is a platitude, but nonetheless true. The macroeconomic indicators are encouraging! GDP posted a positive 3.2% increase in the 4th quarter of 2010 and is expected to exceed this pace into 2011. The nation added 1 million jobs in 2010 and 36,000 non-farm payroll jobs in January 2011, helping lower(…)

More