Here’s a quick “Steak House Index” update: This week, we see a small decline in our index, down to -12. Here is the current chart and the chart from last week:
We see little change from last week. Consumptive behavior is consistent. And an SHI reading of -12 feels highly correlated to our lukewarm (slightly under-cooked), but steady economy.
About TerryLiebman
Terry Liebman is the founding member of Liebman Group Advisors, LLC. Mr. Liebman has almost 35 years experience in commercial and single-family real estate space, business leadership and business investment. After a start in single family home sales in 1976, Mr. Liebman earned a California real estate broker license in 1979. His early involvement in multi-tenant and commercial real estate syndication in 1980-1986 eventually led to a lengthy career in real estate finance.
While currently serving as the President and CEO of LGA, he also serves as the CEO and President of Loan Link Financial Services, a mortgage bank founded in 1986, with over $8 billion in fundings between 2003 and 2007. Mr. Liebman serves on numerous Boards including that of Awards-Superstars, Inc., where he is a minority shareholder in the largest Century 21 franchise group in the country with over 1,300 real estate agents and an excess of $10 billion in sales between 2005 and 2007. In addition, the Century 21 franchise group retains ownership in a national relocation company and property management company, supporting a well-diversified presence in the single-family real estate sector.
Mr. Liebman is one of the managing partners in investment vehicles owning two large (2) office buildings in Orange County, California, as well as a commercial property management company, Siegel Liebman.
Mr. Liebman holds a BBA in Finance from the California State University at Northridge.
Terry Liebman 