Continuing on the Path to Recovery
In an abbreviated edition of his semi-annual podcast to members of the CCIM Institute, RERC's Ken Riggs noted that while investors remain nervous about the volatility we are seeing in the stock and bond markets, much equity is still sitting on the sidelines "looking for a home." Commercial real estate—and the reduced amount of risk associated with this investment alternative—is looking decidedly more attractive. Even so, investors are taking the time to “get it right” during this prolonged recovery period…
2010 To Be Another Tough Year
RERC's Ken Riggs notes that while institutional real estate has been forced to mark to market and prices are close to bottoming out, the broader commercial real estate market still has a ways to go and it will take some time to "come clean." Listen to Riggs' view of what the industry and investors should expect in 2010 and beyond.
Dealing with a Distressed Market
As the process of repricing and an increasing number of distressed properties create more uncertainty for investors, commercial real estate is facing its greatest challenges since the 1990s. What should investors expect over the near term?
The Impact of Cap Rates on Values
From a pricing and value perspective, the institutional commercial equity real estate markets are facing headwinds that were never imagined a couple years ago. RERC's required cap rates have increased and now stand at 8.4 percent, which is very close to the level recorded in first quarter 2004. The question is, how much further--if at all--will they increase? (The complete article, "Valuation Navigates Steep Cliffs," is provided in the summer 2009 issue of the RERC Real Estate Report.)
Home > About RERC > Managing Directors > Jules H. Marling, III
Jules H. Marling, III
Managing Director
Jules Marling (download resume) serves as a managing director with Real Estate Research Corporation (RERC). Along with Ken Riggs, he directs the firm's consulting and development activities. Mr. Marling has supervised or personally completed more than 7,000 real estate consulting assignments, encompassing all major property types in most areas of the U.S. and in several other countries.
Mr. Marling also directs the firm's investment activities, recently involving the repositioning of multifamily apartments and condominium conversions. In 2008, he was instrumental in developing RERC Real Estate Solutions LLC, an affiliate of RERC, formed to assist in helping to evaluate, make decisions about, and develop and implement plans for the disposal, management, or enhancement of distressed assets.
He initially formed The Marling Group with his brother John Marling in 1973, and he later acquired Sudler and Company, which was renamed Sudler Marling, Inc. in 1985. He served as chairman of the company, which managed about 10,000 multifamily units and had about $150 million per year in residential sales. In 1992 he left that organization to form Property Counselors, which merged with RERC in 1999. E-mail Mr. Marling at jmarling@rerc.com.