News
ARENA’S ADVICE
February 5, 2009
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| What we’re reading about the economy is sobering—and sometimes downright depressing. But seeds of opportunity are being planted; historic lows allow firms to expand or buy at the best rates in 25 years, says Grubb & Ellis New York Region prez David Arena(second from right, with Meister Seelig’s Stephen Meister and Grubb’s Vincent Carrega and Jason Meister at the REBNY banquet). His advice, when we recently chatted: have a good team with skills and experience in crises like this; look for distressed asset opportunities; and have a realistic, yet optimistic, attitude. He encourages his team to broaden their perspective and dig deeply into each client's world to see how they can help, whether lowering operating |
