R7 Real Estate

R7 Real Estate - California Real Estate Journal

March 29, 2010

Entropy Breeds Entrepreneurs

Opportunistic real estate professionals risk uncertainty for the returns that starting your own company offers

By Keeley Webster

Business start-ups tend to increase during recessions as enterprising or newly unemployed people seek to create opportunities out of economic upheaval.

But not this recession.

The number of new U.S. business start-ups in the first two quarters of 2009, the most recent data available, declined as compared with the first halves of the previous three years, said Dana Stangler, a senior analyst with the Kauffman Foundation, a research firm that tracks entrepreneurial activity.

In the first half of 2009, 350,000 businesses were started compared with 400,000 during the first half of 2008, 411,000 during the first half of 2007, and 438,000 during the first half of 2006, according to statistics from the U.S. Department of Labor.

"This recession is special," Stangler said. "During the previous four recessions, there was not that much change in the start-up activity or the survival rate of businesses formed during a recession."

R7 Real Estate – Beverly Hills Courier

February 19, 2010

R7 Real Estate–A New Look Management Firm Launched

By John L. Seitz

Despite all the doom and gloom reflected in the overall economy these days, business still goes on and a new firm called R7 Real Estate has emerged on the scene last month with some very different approaches based upon the reality of the 2010 marketplace. R7 specializes in the third party management of commercial properties as well as commercial leasing and project/construction management, primarily in Beverly Hills and the Westside. Its aim is to protect the property owners’ assets in both good and bad times while at the same time helping these clients and their tenant weather the current economic challenges.