Archive for August, 2009
Friday, August 28th, 2009
By: Robert Pliska, CRE, CPA
It has been reported in several recent news stories and data services that single tenant net lease opportunities are still being completed in today’s market – especially those in the lower dollar size range. New York City based-Real Capital Analytics recently reported that sales actually rose! Accordingly, we have been asked by many of our investors to “right size” these opportunities for them - note some of the positives and areas that should be addressed before they take the plunge into these investments in today’s market.
Single Tenant NNN Medical Office
Thursday, August 27th, 2009
RICHMOND, VA, Aug., 27, 2009 - (by Jim Tucker, CCIM) After a week of webinars and conference calls to digest and re-digest the awful news in the marketplace about our industry (transaction volume down 89% from the high in 2007), I happened to notice one snippet in an email from a fellow professional about what he observed about how inflation is lurking just around the corner.
Sunday, August 23rd, 2009
RICHMOND, VA, Aug., 23, 2009 - (by Jim Tucker, CCIM) “People don’t care how much you know until they know how much you care.”
That statement was shared recently by a colleague describing how we acquire client-relationships. As I’ve reflected on my 35+ years in commercial real estate, I believe no single statement more perfectly captures the essential components of the process.
Wednesday, August 5th, 2009
by Robert Pliska - Recent news articles have indicated that sale-leasebacks will pick up as time goes on in today’s current economic environment. There is still significant corporate interest in sale-leasebacks as a capital generation and balance sheet management tool. While volume of commercial real estate transactions have recently been down as recently noted by various data services such as New York City-based Real Capital Analytics, sale-leasebacks were actually accounting for a greater portion of the overall commercial property sales market. Why so?
Monday, August 3rd, 2009
by Gibson Kerr, CCIM - Nearly a year has passed since the stock market crash of September, 2008. In spite of the recent bounce, stocks remain nearly 40% off their all-time highs. Single family housing prices, which also appear to be stabilizing, are down 20-30% in most markets. According to the S&P/Case-Shiller Home Price Index, home prices are down 33% from the peak in 2006 and are now at similar levels to where they were in 2003. (Note: Kansas City is not among the 20 cities tracked in this index, and our local market has performed significantly better than the national average).
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