Archive for July, 2010
Friday, July 23rd, 2010
From Sperry Van Ness Accelerated Marketing | John Johnson, CCIM - In light of the most recent “regulatory reform” bill that was just signed by the President, some in the commercial real estate industry wonder if legislators are doing all they can to kill what appears to be a building recovery in the CRE market. We want to know if our readers view the likely negative consequences of this legislation as unintended, deliberate, or simple ineptness?
The U.S. financial-regulation bill may halt the already diminished market for asset-backed securities by increasing liability risk for credit raters, a securitization-industry group and bank analysts said.
This is a preview of CRE Insiders Say Reform bill might halt the ABS market . Read the full post (242 words, 1 image, estimated 58 secs reading time)
Tags: ABS market, commercial, Commercial Real Estate, cre, legislation, lending, recession, recovery, reform bill, SEC, securities, transactions, wall street
Posted in Market Overviews | No Comments »
Thursday, July 22nd, 2010
From Walt Arnold, CCIM, SIOR | Albuquerque NM, July 23, 2010 - In our last weekly commercial real estate radio report on KKOB News Radio 770, we talked about the retail markets and how critical job growth is to fortifying consumer confidence. A report this week in the Albuquerque Journal business outlook talks about the road head in job growth as office vacancies have hit a new high. However, the ABQ market is doing better than the national average. Industry experts are looking to past trends to predict the break in the cycle, and ultimately, that prediction is that there will be one… at some point. The article begins:
Tags: albuquerque, commercial, cre, economy, employment rate, for lease, investment, jobs, leased space, market report, New Mexico, office, office market, property, real estate, recession, tenants
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Thursday, July 22nd, 2010
From Sperry Van Ness Accelerated Marketing | John Johnson, CCIM — Recently, we posted a blog about the many bullish climate predictions for CRE from Time, MSNBC and Fortune, and now Reuters reports that Prudential Real Estate Investors is also prognosticating very positive outlook, potentially much quicker than normal. A quote from a Pru manager in the Reuters article reads, “‘Last time it took five years for real estate values to go down to where they bottomed. … We’ve done that now in about two years,’ he told reporters in New York. ‘So we are going to see a faster recovery, a faster write-up in the market.’”
This is a preview of More Bullish Commercial Real Estate Outlooks In The News . Read the full post (147 words, 1 image, estimated 35 secs reading time)
Tags: bullish, capital, CMBS, commercial, Commercial Real Estate, Fed, financing, market reports, mortgages, property index, real estate, reports
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Wednesday, July 21st, 2010
From Walt Arnold, CCIM, SIOR | Albuquerque, NM
>>> Click here to listen to the Commercial Real Estate Report 7-12-10 <<<
Bob Clark, News Radio 770 KKOB: Walt you had a few things to talk about today. What do you want to start with?
I wanted to talk a little about the retail market which took a cautionary track in June. Although sales numbers were mixed, consumers just aren’t stepping up and spending at the pace retailers expected. This news is part of a larger downshift as consumer confidence slumped last month and consumer borrowing also fell.
This is a preview of Commercial Real Estate Report 7.12.10: Retail Markets . Read the full post (503 words, 1 image, estimated 2:01 mins reading time)
Tags: acquisitions, albuquerque, asset, auction, banks, cre, economy, for sale, industrial, investments, leased space, listings, market, market report, New Mexico, opportunities, property, real estate, Retail, sperry van ness, tenant, walt arnold
Posted in Market Overviews | No Comments »
Saturday, July 17th, 2010
From Robert J. Pliska, CRE, CPA Birmingham (Detroit), Michigan - Investment, residential and commercial real estate has been very trying in the last few years. An area that may help you as a real estate owner, investor and/or broker/advisor is to improve your attitude and your mental psych. A way to do this is to latch on to a few quotes that you feel appropriate to keep your enthusiasm up, provide momentum to get through a crisis, add a little humor to a difficult situation, use to close the next deal, provide impetus for a good return on your investment and any other way you see appropriate.. This has helped many as investment and commercial real estate advisors and owners. After all, history has shown that many have gone through worse battles than we are experiencing and they found a way to be positive and have the will and perseverance to continue forward and eventually achieve success.
This is a preview of Using Quotes to Achieve Success in Investment, Residential and Commercial Real Estate - Part II . Read the full post (1164 words, estimated 4:39 mins reading time)
Tags: commercial, investment, motivational, quotes, real estate, residential, success
Posted in Uncategorized | No Comments »
Friday, July 16th, 2010
From Sperry Van Ness Accelerated Marketing | John Johnson, CCIM — Interesting how some “experts” are predicting a recovery in the commercial real estate arena. Those who have been closely following the CRE market for any time must wonder what tea leaves the editors of these three sources are reading. Perhaps they are not aware of the bifurcation that has been occurring in the CRE market for the past 6 - 8 weeks, with cap rates dropping for the highest quality NNN leased properties, but other commercial real estate prices still dropping. How could they have missed the fact that close to $1 Trillion of commercial real estate loans are coming due between now and the end of 2012? Read and draw your own conclusions. From Retail Traffic Magazine:
This is a preview of Time, MSNBC & Fortune All Proclaim Commercial Real Estate Recovery . Read the full post (528 words, 1 image, estimated 2:07 mins reading time)
Tags: capital, CMBS, commercial, Commercial Real Estate, Fed, financing, market reports, mortgages, property index, real estate, reports
Posted in Market Overviews | No Comments »
Wednesday, July 14th, 2010
I recently came across this article on businessinsider.com, indicating the impending pipeline of commercial real estate opening up and a “flurry of purchasing activity.” Morningstar analyst Todd Lukasik offers a report on activity:
Morningstar analyst Todd Lukasik expects a flurry of purchase activity in the commercial real estate space, starting now and then intensifying in 2011 and 2012.
It’s not so much that the commercial real estate market is healthy, but rather that there will be massive amounts of distressed properties as many property owners’ untenable debt burdens come due. (For more background, see a previous post here)
Tags: 2011, 2012, activity, apartments, capital, commercial, Commercial Real Estate, cre, distressed, economy, healthcare, markets, multi, office, pipeline, properties, real estate, Retail, sales, self-storage, tom vincent
Posted in Market Overviews | No Comments »
Tuesday, July 13th, 2010
>>> Click here to listen to the Commercial Real Estate Report for 6-28-10 <<<
Bob Clark, News Radio 770 KKOB: Walt, you wanted to start with a comment on the closure of High Desert Bank last Friday.
Yes, good morning Bob. There was another bank failure in Albuquerque on Friday, High Desert Bank was closed by state regulators and will open up on Monday as First American Bank of Artesia. Banks continue to struggle with regulators and the increased requirements for cash reserves and capital. As we go forward we will unfortunately see this probably play out again as the banking sector continues to struggle with non-performing commercial real estate and development loans that have put a strain on the health of banks.
Bob: What else do you have for us?
I wanted to talk today about how in this tough environment if someone is considering listing a property for sale or lease it is important to analyze the real estate company hired to get the property sold or leased. And in this economy you need a company that has the strength and resources to get it done.
Sperry Van Ness has the tools and the people to get properties sold and leased. We provide a comprehensive proposal and marketing plan to properly position the property in the market. Once listed the listing is immediately distributed to numerous listing portals such as Loopnet and Property Line. Through our 575 marketing approach we can target the most likely prospects for the property and contact them either directly or through our e-mail or direct mail marketing campaigns and provide detailed monthly reports of the progress.
Bob: Walt, aren’t these similar to what other companies can do when they list a property for sale or lease?
They might develop a marketing plan, make a flyer and put up a sign, but Sperry Van Ness goes the extra mile to serve our clients. We split all of our fees 50/50 with the selling broker and that doesn’t always happen in commercial real estate. We want to encourage and incentivize other real estate brokers to bring their buyers to the property.
This is a preview of Albuquerque Commercial Real Estate Report 6.28.10: Bank Failures . Read the full post (510 words, 1 image, estimated 2:02 mins reading time)
Tags: albuquerque, bank failure, banks, capital, cash reserves, commercial, cre, development loans, econo, First American Bank of Artesia, for sale, High Desert Bank, leased space, non-performing, properties, real estate, recession, regulators, sperry van ness, split commissions, walt arnold
Posted in Market Overviews | No Comments »
Friday, July 2nd, 2010
From Walt Arnold, CCIM, SIOR | Albuquerque, NM - April’s issue of Western Real Estate Business featured a highlight on the Albuquerque, N.M. retail market supplied by Sperry Van Ness/Walt Arnold Commercial Real Estate. Take a look at what makes Albuquerque stand out:
This is a preview of Albuquerque, NM retail market featured in Western Real Estate Business . Read the full post (390 words, 1 image, estimated 1:34 mins reading time)
Tags: absorption, albuquerque, broker's opinion of value, commercial, cre, in the news, landlords, leased space, market report, new construction, New Mexico, property, real estate, Retail, sperry van ness, tenant representation, tenants, vacancy, walt arnold
Posted in Market Overviews | No Comments »
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