What’s Next for the SoCal Commercial Real Estate Market?

“While the multifamily, apartment sector weathered the housing market downturn well, with households moving from owning to renting, other segments were significantly impacted,” says Michael LaCour-Little, director of the Real Estate and Land Use Institute at CSUF’s Mihaylo College. He adds, “There have been recent signs of a turnaround though – for example, Reis Reports shows average asking and effective rents up for retail properties during the 4th quarter of 2011. Moreover, after consistently negative net absorption, the office market is finally showing positive demand, although rents are back to pre-2004 levels.  As one of the top apartment markets in the country, rents continue to rise while vacancy rates fell during the 4th quarter of 2011.  As international trade picks up, demand for industrial warehouse space is expected to follow.”

Commercial real estate activity is a key barometer for a region’s economic vitality.  On February 9, 2012, top executives from Southern California’s commercial real estate industry will discuss market conditions at a luncheon event hosted by CSUF Mihaylo College’s Real Estate and Land Use Institute.  Attendees will hear firsthand what the top players in the market are thinking and doing. For more information on the Commercial Real Estate 2012 luncheon, click HERE.

Be sure to join us on February 9 as we look to 2012 and where the commercial real estate market is headed. You can register for the Commercial Real Estate 2012 luncheon by clicking HERE.

Check out this video of Commercial Real Estate 2011:

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5 Tips for a Successful Finals Week

For many, the week before finals is one of little sleep and high levels of stress. Let’s not kid ourselves, studying is no fun and staying motivated can be difficult, but there are some simple tricks to help make finals week a successful one.

1)      Schedule the week around studying. One of the worst study habits is to decide to cram in several hours of studying the night before an exam. Divide the workload into smaller sections and study over the course of several days or even a week or two.

2)      Make time and avoid distractions. This one goes hand-in-hand with scheduling. Unplug the TV, turn off the cell phone, and whatever you do, stay away from Facebook!

3)      Sleep. Living with little sleep is just a fact of life when it comes to finals week, but there are a lot of studies on the correlation between sleep and performance. Lack of sleep diminishes your ability to retain and recall information, which undermines your studying efforts. Make sure you get plenty of Z’s if you want to get those A’s.

4)      Study for the test you are taking. This may seem like common sense, but  you don’t need to memorize everything. Every test is different and your professor will usually provide a study guide that not only tells you what will be on the test, but how it will be structured as well. You study differently for a multiple choice test than you do for an essay test. Sticking to the study guide is a great way to make sure you aren’t overworking yourself.

5)      Caffeine. Coffee and tea can provide an extra boost of energy and focus, and waiting in line can prove to be a nice little break as well. Starbucks, Tully’s, and the TSU are all convenient places to grab a quick cup on campus.

These are just a few things that have helped me through my college career. If you have any tips of your own, please share them in the comments below. Best of luck and happy holidays!

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Dean’s Honor List Reception, October 2011

Dean's Honor List Reception, March 2011

Spring 2011 Dean's Honor List Reception

About 530 students made the Dean’s Honor List from Spring Semester 2011.  To be eligible, students need a 3.5 G.P.A. and a minimum unit load of 12 units for the semester.  The College will be recognizing these students for their academic excellence at the Dean’s Honor List Reception next week.  The event will be held on Wednesday, October 12 at 5:30 pm in the TSU Pavilions ABC.  Mr. Wally Hicks, Publisher of Affluent Living Publications will be the guest speaker for the event. 

Congratulations to all the Spring Semester 2011 recipients! 

For specific questions about the event, please email mcbestudentaffairs@fullerton.edu.

See this semester’s photos on Facebook

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Has Netflix Shot Itself in the Foot?

A few months ago Netflix announced that it would be increasing its prices for both its DVD plan and its streaming plan. Instead of one DVD and unlimited streaming for $9.99, it will now charge $7.99 for each, for a combined total of $15.98. Not surprisingly, customers were outraged. Netflix representatives made the argument that it made no sense to give customers both plans for such a low price; it was just not cost effective anymore. But most analysts suspected that the real reason for the price change was a bit more strategic, that Netflix wanted to force consumers to decide which medium of home entertainment they preferred, DVD or streaming. According to these analysts, Netflix was betting that most people would opt for streaming which the company could use as leverage in dealing with movie studios and the exploding prices of licensing content… But things don’t seem to be going as well as they’d hoped.

Recently Netflix adjusted its original 3rd quarter forecast of 25 million subscribers to 24 million, a 4% drop. As a result Netflix took an 18% hit in the stock market with a share price of $169, a $39 decrease.  Most everyone agrees that this is a direct result of the price change. And to add insult to injury, this announcement comes only weeks after talks fell apart to renew a streaming deal with Starz, a premium pay-tv provider. Starz reportedly wanted $300 million from Netflix for access to its content in contrast to the original $30 million deal penned in 2008. Unfortunately for Netflix, this increase in price for Starz content is reflective of what they have been getting from most content providers.  Needless to say Netflix now finds itself in a tough situation.

Do you think Netflix made the right choice in trading short term customer frustration for long term benefit? Let us know what you think in the comments…

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Tina Safi is This Year’s Outstanding Student

We’d like to congratulate Tina Safi, this year’s recipient of the Outstanding Student Award. One thing is clear: Tina has an unrelenting passion for helping others. Across campus she has been involved at the Tutoring Center, the National Student Speech-Language & Hearing Association, and served as a team leader for Jumpstart (Americorps) where she dedicated over 300 hours of community service, providing tutoring and mentorship for underprivileged children. Off-campus Tina has worked and volunteered at California Speech & Hearing Association, Providence Speech & Hearing Center, St. Jude Rehabilitation & Wellness Center, and completed an internship at Warner Brothers.

Tina’s passion is in Speech Language Pathology. As a double major in Business/Marketing and Communicative Disorders, she plans to one day open her own private practice, an idea that Tina says intimidates a lot of pathologists, “[they] forgo the opportunity out of fear of not understanding the business aspect.” Tina believes that it is her business education that allows her to not share in this fear.

But the plan doesn’t start with private practice. Tina will spend the first six months of her career working in third world countries alongside an organization called Operation Smile. She also says that after her private practice is underway, she wants to open a sister clinic in Ghana to provide education and therapy services to individuals suffering from an array of communicative disorders.  

Aside from her extracurricular activities, Tina has consistently done well academically and received various honors and awards recognizing her commitment to community service.

Thank you Tina, and congratulations!

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