Friday, April 9th, 2010
From John Johnson, CCIM - Atlanta, GA | Real estate industry problems have hurt many owners and developers of CRE, and are continuing to cause multiple banks to fail. But out of the misery of many, some very big names in commercial banking are posturing to take advantage of the troubled banking industry. A report out yesterday in Atlanta Business Chronicle tells us:
A group of national banking all-stars said to have their eyes set on failed bank deals in Georgia and throughout the Southeast have applied with Florida regulators to start a bank in the Sunshine State.
This is a preview of
Big names posturing to take advantage of troubled banks
.
Read the full post (217 words, estimated 52 secs reading time)
Tags: atlanta, banks, buyer, commercial, Commercial Real Estate, cre, defaults, distressed, economy, FDIC, Florida, foreclosures, georgia, investors, lender, lenders, loans, properties, real estate
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Monday, April 5th, 2010
By William C. Forrest MAI
Managing Director
Sperry Van Ness/W Forrest Group
Everyone has an opinion, however one in a million predict the exact bottom of a market cycle. The questions facing all buyers as well as sellers in today’s market, “Should I buy or sell now or wait out the uncertain times?” “Should I get aggressive and take advantage of higher cap rates and declining values?”
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