February 8th, 2010
From Walt Arnold, SIOR, CCIM — Albuquerque, NM
Last week we discussed the “For Lease” office market as well as my predictions for the Super Bowl. Did 8 years in the NFL and 2 playoff games pay off in my game day forecast? Listen below to find out…
Click HERE to listen to the Real Estate Report for 2.1.10
Bob Clark, News Radio 770 KKOB: Walt, you wanted to talk about the “For Lease” office market. What do you have for us?
Walt: 2009 was an up and down year for the Metro Office market. The overall vacancy rate was the highest in recorded history at 18.1%.
This is a preview of Albuquerque Commercial Real Estate Report 2.1.10 – Super Bowl Edition . Read the full post (566 words, estimated 2:16 mins reading time)
Tags: albuquerque, commercial, cre, for lease, investments, market report, NFL, office market, property, radio show, real estate, super bowl, walt arnold
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February 8th, 2010
From Walt Arnold, SIOR, CCIM — Albuquerque, NM
Click HERE to listen to the Real Estate Report 1.25.10
Bob Clark, News Radio 770 KKOB: Walt, you wanted to talk about Cost Segregation and also about Charter Bank and the FDIC’s closing of the bank.
Walt: Yes good morning Bob, It is getting close to tax time and cost segregation is a tax strategy to consider for property owners. If a property is going to be held for several years it is worth having a discussion about cost segregation. Cost segregation or separating the parts of the property based on their depreciable life can lead to significant tax savings.
This is a preview of Albuquerque Commercial Real Estate Report 1.25.10 . Read the full post (533 words, estimated 2:08 mins reading time)
Tags: albuquerque, banks, commercial, cost segregation, cre, investments, market report, property, radio show, real estate, walt arnold
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February 2nd, 2010
“Cost Segregation” by Bo Barron, CCIM
Investors buy investment property for numerous reasons, and I had a conversation with a business owner today about the benefits of owning space for his business. Some of those benefits include cash flow produced by the property, future appreciation value, and tax shelters from the IRS. However, property owners are giving too much to the IRS and missing out on real cash flow because they are not taking advantage of Cost Segregation. Substantial tax savings and realized cash flow are hidden beneath their feet, within the walls, and even in the parking lots of their buildings.
This is a preview of Cost Segregation - Save on Taxes and Find Hidden Cash in Your Building . Read the full post (675 words, estimated 2:42 mins reading time)
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February 2nd, 2010
John Johnson, CCIM (February 2, 2010 - Atlanta, GA) - Will CRE valuations drop further? Harold D. Hunt shows multiple reasons why cap rates will go higher in January’s For What It’s Worth: Accurate Valuation Makes the Difference, published in Tierre Grande, journal of the Real Estate Center at Texas A&M University.
Click HERE to view, share or download the four-page article.
Permanent link to this post (63 words, estimated 15 secs reading time)
Tags: commercial, cre, distressed, economy, investments, John Johnson, market, market value, real estate, valuation
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February 1st, 2010
 From Jim Tucker, CCIM (Richmond, VA) — Last month, the CCIM Virginia chapter organized it’s first ‘Deal Making Call’ to help circulate exposure for member’s listings, and the efforts wholly paid off in what can only be define as success! A total of 10 properties were presented with about 12 participants on the call including those members who pre-registered to present listings. Several participants offered feedback following the call saying they really liked the format. One other participant requested a package from a member to present to a potential buyer, so already we have a potential transaction from 1st Deal Call. With my past experience with these formats, I expect the call participation to steadily grow, potentially to between 50 and 100 folks. Going forward, we plan to promo participation on the call in a formal advertising campaigns and heavily across social media platforms.
Tags: announcements, CCIM, commercial, marketing, real estate, transactions, Virtual Deal Call
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February 1st, 2010
CHICAGO, IL, (by Tom Vincent, CCIM) There are a plethora of articles appearing in nearly every commercial real estate publication regarding the industry and the market, and what to expect in 2010 and beyond. I have read many of these articles; most say the same thing, 2010 is not going to be a good year for CRE. One of today’s headlines said that the highest commercial real estate defaults in 18 years are anticipated for 2010. We listened to an economist present his views for CRE in 2010. Dr. Sam Chandan, President and Chief Economist of Real Estate Econometrics and an adjunct professor of real estate at the Wharton School of the University of Pennsylavania, put together an hour-long presentation for Sperry Van Ness advisors and personnel. He believes:
This is a preview of 2010 Predictions from Economist Dr. Chandan . Read the full post (350 words, estimated 1:24 mins reading time)
Tags: 2010, commercial, downturn, economy, predictions, real estate, recession, recovery, REITs, Retail
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January 24th, 2010
Steve Kawulok, Fort Collins CO - Some recent commercial real estate investment transactions our office participated in make good case studies of strategies that are smart for both seller and buyer. In today’s market, it is interesting to see the strategies play out in a win-win scenario.
We marketed and sold a Leed certified “green” flex building for about $1.2 million to a life insurance company. The sellers offered a sale-leaseback as owner-operators of a successful local company who had developed the real estate along with operating their successful business. The owners were transitioning out of full time management, and wanted to lessen their personal debt as part of an asset management strategy. The buyer needed to increase yield on their investments and were attracted to an unleveraged return of about nine- percent.
Tags: Commercial Real Estate, commercial real estate strategy, deleveraging real estate, real estate investments
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January 15th, 2010
Yesterday the Atlanta Journal Constitution and Wall Street Journal both run articles relevant to more large commercial real estate foreclosures on the horizon…
In the AJC case, commercial real estate foreclosures of high profile properties are starting in earnest:
Prominent properties get foreclosure notices, portend trend
Notices of foreclosure have been placed on two more high-profile properties in Atlanta, a development observers said may be a harbinger for the industry in 2010.Read more >>>
For the WSJ, the vacancy trend will lead to more commercial foreclosures in the near future:
As Buildings Empty, Banks’ Credit Woes Pile Up
This is a preview of Two headlines talk more CRE foreclosures . Read the full post (163 words, estimated 39 secs reading time)
Tags: commercial, distressed, foreclosures, loans, market, real estate, reports, vacancies
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January 11th, 2010
By Carlton Dean - If you have, bought, sold, traded or even remotely been around real estate, you know the phrase “Location, Location, Location.” While this old adage couldn’t be more true when it comes to identifying great real estate, I am often asked the question “how do I identify opportunities in this marketplace?”
For investors looking to profit from the real estate downturn, The key to the real estate business is, and always will be, timing, timing, timing.
This is a preview of For Investors looking to profit…the key is Timing, Timing, Timing . Read the full post (353 words, 1 image, estimated 1:25 mins reading time)
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January 8th, 2010
ATLANTA, GA, (by John Johnson, CCIM) In looking towards 2010 investment advice, Sperry Van Ness president Kevin Maggiacomo has a specific New Years message to advise taking advantage of the economic conditions we are in:
Investors have to do something with their money: You can buy in to the investment grade bond market and earn a whopping 3.75%, or you can buy NNN leased, credit tenant real estate and more than double your return. As Bill Gross of PIMCO points out as a cost of capital sitting on the sidelines: “an effective zero percent interest rate, as a price for hiding in a foxhole, is prohibitive.” In 2010, buyers will exit the payless funds earning close to 0% in search of manageable risk. Quality commercial real estate will receive considerable attention in this context.
Tags: 2010, auctions, cre, Investment Advice, investment strategy, sperry van ness
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