Disclosure: Johnson Souza Group, Inc., the real estate and financial economic firm, was established in 2003, to provide macroeconomic and monetary policy research and fiscal policy analysis, and commercial real estate portfolio management and underwriting services, to retail and institutional clients. A San Francisco-based commercial real estate investment research and consulting firm, Johnson Souza Group, Inc. is a leader in applied real estate analytics and commercial real estate products. The Johnson Souza Group, Inc. affiliated with the Commercial Real Estate Group, provides an integral role in developing and managing a new set of real estate investment products and processes that the industry needs, particularly at this point in the business and real estate cycle. Disclaimer: Although information herein contained is from sources believed to be reliable, Johnson Souza Group, Inc. makes no warranty or representation that such information is correct, and is not responsible for errors, omissions or misstatements of any kind. All opinions expressed herein are those of the author, and no statement should be construed as an offer to buy or sell any security. Trading of all such real estate investments and securities entails significant risks which can result in substantial financial loss. Such risks should be fully understood prior to investment.