Quarterly Updates

Here Comes The Sun

Jul 30, 2021

As we have communicated over the past year, we felt as if we had built up strong defenses to help weather the Covid storm. Of course when it started we had no idea how bad it would get. What we did know, however, was that the Federal Reserve was going to aggressively lower interest rates to do its part to help the economy through the pandemic-induced shut down. And with approximately 83% of our debt being variable-rate, we would see a material drop in our interest costs. Read More

The CWS Platform - Addition Through the Elimination of Subtraction

Apr 30, 2021

When people ask me if I have any advice for them as they contemplate starting a real estate company or have a relatively new one that is trying to gain traction, I tell them that my experience has taught me how lucky I was to start with a company that had an established platform, albeit a much smaller one 34 years ago. It provided us with stability, credibility, and a track record that we could expand upon and grow. Read More

2020 - The Year of Living Dangerously

Jan 29, 2021

2020 was clearly a year that was unlike any I had experienced. We entered the start of the Roaring 20s in good shape economically. Unfortunately this was upended virtually overnight by pandemic-induced shutdowns which has decimated certain sectors of the economy. These include airlines, hotels, entertainment, retail, beauty services, gyms, leisure, and the office economy. Despite this carnage, there were clear winners as well. Read More