6 Housing Markets Hitting Bottom!
Great news for 6 US housing markets!! – JCP Via www.bigbuilderonline.com Source: USA TODAY Publication date: April 7, 2011 By Julie Schmit The U.S. housing market looks like a scorched landscape. Nationwide, home prices are down almost 32% from their 2006 peak. Many economists expect them to fall at least 5% more this year. Some […]
The One Interview Question You Need to Weed Out Rotten Apples
By John Warrillow | April 7, 2011 via www.bnet.com I’ll forgive anyone for almost anything if I get a heartfelt mea culpa — an apology with no strings attached — but, unfortunately, that’s hard to find these days. Our culture is inundated with victims who like to scapegoat: “It wasn’t because of the steroids I […]
Rents’ rising tide could lift house prices’ ships
Great artice from Builder… The apartment folks and the for-sale “single family” folks mostly think of themselves as fierce competitors for the same universe of households. Scratch that. The Great Deleveraging of U.S. households, businesses, local governments, and eventually the Federal government is a game-changer. In fact, households, including the fact that they’ve not been […]
Should you hire an overqualified candidate?
Excellent article from the Harvard Business Review 12:12 PM Thursday March 3, 2011 by Amy Gallo | Comments ( 58) As politicians and economists puzzle over America’s jobless recovery, managers who have started to hire again face another problem: how to handle all the overqualified candidates coming through their doors. The prevailing wisdom is to […]
Thank you to our 1000th LinkedIn Group Member!
“Joseph Chris Partners Connection”, our Company Group on Linked In just reached it’s 1000th member today! If you are in the real estate, development and construction industries and you are on LinkedIn, be sure to join “Joseph Chris Partners Connection” group to read the latest industry news, forecasts, market intelligence, and to learn about new […]
Social media big topic at Fusion conference
For executives looking to integrate rapidly evolving social media technology into their day-to-day work, this year’s Fusion conference, which opened today in Hollywood, Calif., is probably the place to be. The conference kicked off this morning with a “Fusion Academy” presentation titled “Using Social Media to Lease your Property.” It is one thing to use […]
The Billion Dollar Taylor Wimpey Deal—Behind the Headlines
Taylor Morrison’s president says the deal won’t change the company’s strategy or operational model, at least in the near term. By:John McManus For the three diversified, global financial interests who teamed together officially last night to ante up 1.04 times book value for Taylor Wimpey PLC’s North American operations, the clock sets at zero hour […]
Joseph Chris Personnel Services Inc Receives 2010 Best of Business Award
PRESS RELEASE Small Business Commerce Association’s Award Honors the Achievement SAN FRANCISCO, January 16, 2010, Joseph Chris Personnel Services Inc has been selected for the 2010 Best of Business Award in the Management consulting services category by the Small Business Commerce Association (SBCA) The Small Business Commerce Association (SBCA) is pleased to announce that Joseph […]
Press Release: Joseph Chris Partners and MPKA form Alliance
Joseph Chris Partners is excited to announce that we have formed an alliance in our real estate division with MPKA. This partnership will allow us to fully service the residential, development and construction industries. MPKA owners include: Bill Albers, David McCain and Joe Walsh. Bill Albers was formerly an Executive Vice President for Centex Homes […]
Lennar closes Rialto Capital's first fund with $300 million in equity
Lennar announced, “its Rialto Capital subsidiary has completed the first closing of a real estate investment fund with initial equity commitments of approximately $300 million (including $75 million committed by Lennar). The Fund’s objective during its three-year investment period is to invest in distressed real estate assets and other related investments that fit within the […]
Debt Restructuring: Moderating Factors and Lessons Learned
Reprint from Nation’s Building News – The Official Online Newspaper of NAHB Debt Restructuring: Moderating Factors and Lessons Learned (This is the fifth and final article in a series on what builders need to know about restructuring their debt and planning for surviving financial adversity in today’s real estate market.) By David McCain and Bill […]
Case Study: Developers Climb Out of Debt and Live to See Another Day
Reprint from Nation’s Building News – The Official Online Newspaper of NAHB (This is the fourth in a series of articles on what builders need to know about restructuring their debt and planning for surviving financial adversity in today’s real estate market.) By David McCain and Bill Albers, MPKA, LLC – Business Alliance Partner with […]
Private Sector Adds 93,000 Jobs as Market Improves: ADP
By: CNBC.com via Builderonline.com The economy created 93,000 private sector jobs in November, pointing to the first signs of a turnaround in the labor market, according to the latest report from ADP and Macroeconomic Advisors. Job creation came primarily from the service sector, which rose by 79,000, gaining for the 10th month in a row. […]
Case Study: Developer is $300 Million in Debt and Sees $100 Million in Equity Disappear
Reprint from Nation’s Building News – The Official Online Newspaper of NAHB Case Study: Developer is $300 Million in Debt and Sees $100 Million in Equity Disappear (This is the third in a series of articles on what builders need to know about restructuring their debt and planning for surviving financial adversity in today’s real […]
Joseph Chris Partners Executive Darrla Kelly, Promoted to Director of Client Relations
I am pleased to announce Darrla Kelly’s promotion to Director of Client Relations. She will be dedicated to enhancing the process of relationships within our systems, locating professionals, discovering the start-ups that have been created in this economy, connecting with companies/professionals on social media, marketing and business development. Darrla has been with Joseph Chris Partners […]
Battle of Orleans
We’d like to say “Well Done Guys”! Orleans has been near and dear to our hearts here at JCP for a long time! Source: BIG BUILDER Magazine Publication date: November 1, 2010 By Teresa Burney BENSALEM, Pa.–Mitchell B. Arden, corporate turnaround specialist, walked in to work for his first day as Orleans Homebuilders’ chief restructuring […]
What Your Hiring Process Says About Your Company's Brand
November 4th, 2010 :: Karen Axelton By Karen Axelton As the economy shows signs of picking up, more small businesses are considering hiring employees. If yours is one of them, take some time to think about your hiring process and what it says about your firm. While many of us think of the hiring process […]
Banks Provide Many Alternative Routes for Settling Debts
Reprint from Nation’s Building News – The Official Online Newspaper of NAHB (This is the second in a series of articles on what builders need to know about restructuring their debt and planning for surviving financial adversity in today’s real estate market.) By David McCain and Bill Albers, MPKA, LLC You have made the decision […]
Top Metros are the Basis of Rebuilding
America’s top 100 metropolitan areas create 74 percent of Gross Domestic Product (GDP) and house two thirds of our population, according to Bruce Katz writing for Time Magazine. Economic synergies springing from intellectual capital like patents, research institutions, and an educated workforce positions metros to compete globally. Yet, this requires a sustainble model based on […]