Time for a change

What now?

Over the last 3 years I’ve been devising a method to facilitate investing at the local level in ways that are simple,  legal, and beneficial to all involved (investors, the businesses receiving the investment, and the communities in which they reside).  This endeavor poses significant challenges and it’s success is by no means assured.  However, the thought of looking back and wondering what might have been compelled me to make a difficult decision.

In order to accomplish this, I had to resign as a financial advisor.

I’ve come as far as I can with planning, now it’s time for action.  Time to take a risk and see if I can create change where I see a need.

Until I’m ready to officially launch, I’ll be helping the local economy through my efforts at Workshed, where I’m able to directly apply my skills, knowledge, and experience to help businesses connect with customers.

Stay tuned, it should be an interesting experience.

Columbia Property Trust IPO & Tender Offer Schedule

Columbia Property Trust Announces IPO Date and Tender Offer

On September 30, 2013 Columbia Property Trust released a statement with 2 important details about the upcoming IPO.  The first is the listing date, on or about October 10, 2013 under the symbol CXP.  If all goes according to their plan, Columbia Property Trust will be a publicly traded company in less than 2 weeks.

In conjunction with the IPO they also announced a tender offer to buy back up to $300 million of it’s common shares in a “Dutch Auction.”  Details about the tender offer price have yet to be released, but I’ll post them as soon as I read through the regulatory filings.

October 10, 2013
Columbia Property Trust released the details of the dutch auction.  The price range will be from $22.00 to $25.00 and will be available for 20 days after the IPO.

I started a page to make organizing the information easier, view it here:


The press release for the announcement can be seen here:

View IPO Details

Columbia Property Trust IPO Initial Public Offering

On September 20, 2013 Columbia Property Trust announced in their latest Quarterly Update, plans for a public offering on the New York Stock Exchange in October, a dividend cut from $0.38 to $0.30 per share, and the addition of 2 Independent Directors to their Board.

I’ve created a special page for up to date information on Columbia Property Trust here:


Some additional thoughts here:

Want a second opinion on your investments?



Link to my original post on the reverse split:  Original Post on the Reverse Split
Link to Investor Relations page: Columbia Property Trust Investor Relations
Link to FAQ about the upcoming IPO:   Columbia Property Trust IPO FAQ
Link to FAQ about the Reverse Stock Split:   Columbia Property Trust Reverse Stock Split FAQ

A Few Books All Politicians Should Read

A Few Books All Politicians Should Read

bookstackBeing an elected representative carries a tremendous responsibility. Decisions made by representatives while in office impact their current constituents, but will also influence future ones as well, often times long after they have left office.

Because of this legacy effect, and the reality of unintended consequences, it is, and should be, imperative that public servants learn all that they can about the critical issues facing those they are elected to represent.  Sadly, the commentary and actions from the local, state, and national policians tells me this is not happening. As such, I’ve prepared a short list of books that should be read as a primer for those entering public service, as well as those already serving.

While I’m at it, I may as well include everyone that is represented by elected officials too. It’s difficult to engage in meaningful debate when most citizens understanding of their civic duty is limited to sound bites from television and radio personalities.

Are there any changes you’d make to the list?

Every Person in the Country

Local Elected Representatives 

State Elected Representatives 

Nationally Elected Representatives