1. "Information Overload." … Will Yowell, an investment specialist with CB Commercial in Atlanta, recently voiced a concern that many others share. … Although he visits Yahoo Finance-Real Estate News, American City’s Real Estate Journal and Inman News, he finds it difficult to keep up. … So he speculated, "are there any firms providing ‘clipping services’ which are compiling, for example, press releases on office sale transactions? … The ability to then search and sort this database by geographic or company preference would be of significant value."

So here’s the challenge facing information providers. … How can you best organize and push information out to customers? … How finely can you segment their interest? … How much will customers pay for this service? … Will your personal "infobot" someday be capable of searching the web? … Hmm. … In the meantime, I hope that the PikeNet Directory, Knowledge Base and Message Boards can help you discriminate among the alternatives.

2. Web Success--What Are Apartment CAP Rates in DC? … When I read through the PikeNet Message Boards I usually learn something new. … For example, recently a reader posted the question: "I need cap rates for Washington, DC apartments." … William Campbell of the Equity Research Collaborative posted a thoughtful reply. … According to Campbell, "One place to look is in SEC Documents for apartment REITs that operate in DC. They list recent acquisitions and price paid in 10k, 10q, and 8ks. Look at Charles E. Smith Residential Realty (SRW) and Avalon Properties (AVL). Cap rates were around 8.5% to 9.0% several months ago." …Visit the PikeNet Message Boards at

PikeNet Message Board

3. New and Notable. … Moore & Associates, Inc. provides sales and leasing of office, industrial and investment real estate in Rochester, NY. … Commons Medical, based in Orlando, FL is focused on the building and financing of medical facilities. … Real Estate Nightmares® is Vincent S. Castello’s web site devoted to "trials and tribulations of real estate ownership and management in a heavily regulated environment" (read New York City). … REALBANK now offers real estate job candidates the opportunity to instantly post their resumes and career profiles. … National Property Valuation, Inc. provides valuation services to owners of investment-grade commercial real estate nationwide from Houston, TX.

Morley Hunter Group develops and integrates government, media and community relations strategies from its office in San Jose, CA. … Spectrum Financial Corporation serves New England as a mortgage banker. … Fobare Commercial provides leasing, management and investment services for office properties in Dallas, TX. … REITweek is a comprehensive weekly e-newsletter on the REIT industry written by Ralph L. Block (no web site, send e-mail to ReitNut@aol.com).

4. Knowledge Base--Multifamily Permit Statistics from The Danter Company. … Need to find the number of multifamily building permits issued by state and the percentage changes for 1996-1997? … Visit The Danter Company’s web site. … The Danter Company posts C40 Residential Permit Data by state every month. … They have just posted the preliminary 1997 permit totals by state, along with maps and special analyses comparing 1997 totals with 1992 (five-year) and 1987 (10-year). … For step-by-step instructions, go to the PikeNet Knowledge Base by clicking the icon at the top of the home page. … Select the "Property and Market Information" section and click the last question.

http://www.pikenet.com

5. Narrow Your Search Geographically. … Last week I added a new search feature to searching at PikeNet. … When you display a "hit list" after you have clicked a category, e.g., REIT, you are now offered the opportunity to refine your search. … Click "Narrow your search to a specific Market Area" in the brown field immediately above the hit list.

http://www.pikenet.com

6. "Buy" a Category at Pike. … Do you want a PikeNet visitor to see your banner every time that he or she searches a Category, e.g., REIT, Consultant, Office Developer? … Buy a "Category" Banner. … For full details, click the online "Media Kit" under the Billboard on the home page or the hyperlink below:

http://www.pikenet.com/advertising/advertising.html

.7. Sponsor -- Allocate 90 Demographics. … "Need demographic information for doing your next deal? Tired of paying too much and waiting too long to get your reports? Sign up for your Allocate 90 password today and get FREE demographic reports for any site in the U.S. Allocate is the fastest, most accurate demographic reporting system available today! Ask us about Allocate 98 for all of the current demographic estimates that you need to do more deals."

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***Subscribing and Canceling*** … If you do not want to receive this Dispatch, reply with "cancel" in the subject field. If you would like to be added to this mailing list, go to PikeNet at http://www.pikenet.com and click "Subscribe Now" at the top of the home page.

--Peter Pike