"We will occasionally, in a quarter here and there, in a year here and there, have a loss on the RESG
portfolio," Gleason said.
Patrick Chambers is director of property tax consulting in the Los Angeles office of the Arthur Andersen Real Estate Services Group (RESG
), which provides accounting and audit, tax, information systems, financial advisory, real estate counseling, and appraisal services.
Despite continued declines in occupancy rates and the addition of new hotels in many markets, hotel operators may have turned the corner on reducing losses and may be heading down a long road toward profitability, according to the 1991 midyear update of The HOST Report, published by the Arthur Andersen Real Estate Services Group (RESG
11 Barclays Global Financial Services Conference Call, Gleason disclosed expectations that RESG
business would double during the next three and a half to four years.
And their first-round tie will see them pitted against German side, RESG
Despite hopes that 1992 would bring relief to the nation's troubled commercial real estate market, the results of the second annual real estate opinion survey, co-sponsored by the Arthur Andersen Real Estate Services Group (RESG
) and National Real Estate Investor (NREI) magazine, indicate that few respondents actually believe conditions will improve within the next 12 months.
Bank of the Ozarks has a Real Estate Specialties Group loan production office in Austin and expects to open an RESG
loan production office in Houston during the first quarter.