Tuesday, April 20th, 2010
Banks, you can't live with em and you can't live without em. At least in commercial real estate and in most business enterprises that altered old adage is true.
Something needs to break before the entire investment real estate community does. Never before have I seen a client turned down for ...
Posted in Uncategorized | Comments Off on Financing Commercial Real Estate
Thursday, August 13th, 2009
In the past few weeks we have finally been reading positve news about the economy. No, things have not turned around but they seem to be "less" worse than they were. Job losses, while still approximately 350,000 last month were no longer over 1/2 million a month. Car sales were ...
Posted in Uncategorized | Comments Off on Are We There Yet?
Thursday, May 14th, 2009
For the past year or year and a half we have all been deluged with articles, blogs, newletters and television reports about the vast amount of residential REOs that have hit the market. These homes have really depressed the pricing on housing. Sales numbers are up for homes this year because ...
Posted in reos | Comments Off on Are REOs Always Good Deals?
Wednesday, December 17th, 2008
In the past 2 weeks we have all been following the almost totally unbelievable gigantic Ponzi Scheme pulled off by one of the world's most respected investors, Bernie Madof. For over 40 years he produced astounding yields year after year that pleased and attractred billions of investment dollars so the ...
Posted in buying parameters | Comments Off on Too Good To Be True
Monday, November 17th, 2008
We have a new President staring on January 20, 2009 and people have strong opinions about it one way or the other. Actually, it seems to me that the division is not nearly as much as it has been in the past 8 years. That is, even very conservative thinkers, ...
Posted in Uncategorized | Comments Off on A New Tomorrow, But What About Today
Tuesday, October 21st, 2008
So here we are as a nation with a slumping stock market, frozen lending market and a financial market in disarray. Our national leadership has come up with a $700 billion bail out/rescue plan that may only be the beginning of the fix. We now own part of the largest ...
Posted in Uncategorized | Comments Off on Now What?
Friday, June 13th, 2008
"Get me 3% cash on cash and I'll buy". "Find me a true 6.5 cap rate deal and I'll buy". "Show me 25% to 30% downpayment with a slight cash flow and I'll buy". These and many more comments are being given to me by many buyers trying to get ...
Posted in Trends | Comments Off on Pent Up Demand
Monday, May 19th, 2008
In my many years of brokering commercial real estate it has always surprised me that many property owners make extensive plans regarding their commercial real estate based upon assumptions regarding the next President of the United States. We all know that many changes in our country do occur when we ...
Posted in Uncategorized | Comments Off on Presidential Races Do Affect Real Estate Prices.