McNellis on Governance: Rescue Our Horse
John McNellis
The annual meeting of America’s foremost real estate organization, the Urban Land Institute, took place last week in Los Angeles. Its mood was as somber as an Irish...
McNellis: A Sod Roof Too Far
November 1, 2011
By John McNellis
In addition to sounding tres sophistiques, the word triage embodies a very reasonable concept. If you’re running out of blood transfusions, give them to those who...
McNellis: Working Without a Net Worth
Cash flow is real estate’s real value.
By John McNellis
Franklin D. Roosevelt’s first vice president, John Nance “Cactus Jack” Garner, is remembered for having observed that the vice presidency isn’t...
McNellis: Lies, Damn Lies and the IRR
September 1, 2011
By John McNellis
Outright fraud in sales packages is about as rare as total amnesia. However negligently prepared offerings may be, they seldom contain jaw-dropping lies. If one...
McNellis: Da to Kapital
Retail landlord finds hope amidst the rubble.
July 1, 2011
By John McNellis
In Red Square, Russia stages day-long parades to display its military might; troops, tanks and world-ending rockets endlessly rumble past...
McNellis: Brokers with Principals
Give a little to get a lot.
June 1, 2011
By John McNellis
Before examining a few mistakes this undervalued profession makes so often, it’s worth noting that practically everyone is a...
McNellis: Monogamy and Its Downside
Bankers like exclusivity, but developers should be less enamored.
April 1, 2011
By John McNellis
In an issue devoted to infrastructure—yes, sadly, it’s all falling apart and, yes, we all need to...
McNellis: Let Us Now Praise Famous Architects
And let us remind not-so-famous developers to seek business counsel elsewhere.
March 1, 2011
By John McNellis
The Registry is devoting this issue to design—to celebrating Northern California’s premier architects and designers,...
McNellis: There’s No Place Like Home
As good times roll back around, real estate investors should take stock of the foibles of our past and resolve not to repeat them.
February 1, 2011
By John McNellis
If the...
McNellis: Through a Glass Darkly
Views of the skeptical optimist.
January 1, 2011
By John McNellis
Attended a couple more posh conferences where it seemed nearly every panelist was the smartest guy in the room. This column...
