Archive for the ‘Distressed Assets’ Category
Monday, June 28th, 2010
(June 18,2010, Fort Collins CO), submitted by Steve Kawulok
Investors seeking bargain basement pricing on commercial real estate have just not been active players in this market. These investors typically look for deep discount “by-the-pound” pricing. They have either not been satisfied that the market has reached the bottom, or they do not have the capacity to actually purchase properties. While the inquiry level of these market players has certainly been strong, the ability to act on deals has not yet revealed itself in any significant way in our observation.
This is a preview of Bargain Hunters Not in the (Commercial Real Estate) Game - Who Is? . Read the full post (482 words, estimated 1:56 mins reading time)
Tags: bargain real estate, Commercial Real Estate, market players in commercial real estate, real estate opportunities, real estate strategies
Posted in Distressed Assets, Market Overviews | No Comments »
Wednesday, May 26th, 2010
From John Johnson, CCIM - Atlanta, GA | Via Bloomberg Businessweek:
Wells Fargo & Co. and LNR Property Corp. are each seeking to sell about $1 billion of distressed U.S. commercial real estate loans and assets, according to people briefed on the offerings.
Wells Fargo of San Francisco, the biggest U.S. commercial real estate lender, is taking bids on $500 million to $1 billion of office and hotel mortgages and properties, said four people, who asked not to be identified because the sale is private. LNR, the largest special servicer of commercial mortgage-backed securities, is trying to sell about $1 billion of defaulted loans, two people said.
This is a preview of Wells Fargo, LNR to Sell Billions in Distressed Real Estate . Read the full post (140 words, estimated 34 secs reading time)
Tags: assets, banks, commercial, Commercial Real Estate, cre, distressed, investments, investors, lender, lenders, LNR, loans, market, market value, problem loans, properties, real estate, sales, transactions, Wells Fargo
Posted in Distressed Assets | No Comments »
Tuesday, May 25th, 2010
From John Johnson, CCIM - Atlanta, GA | Via the Wall Street Journal, the number of banks on the “troubled” list increases even as the FDIC continues to close banks, with the number of such troubled (mostly community) banks now at 775 nationally.
While the first quarter of 2010 did see a return to profitability for a substantial segment of banks, the continuing deterioration of commercial loan portfolios also signals that new CRE loans will remain difficult to obtain. And with non-earning loans and mounting Other Real Estate (foreclosed properties) carried at values higher than the market will absorb, the ability of real estate brokers to list and sell such assets is severely constrained (extend, pretend, and hope).
This is a preview of U.S. Banks Post Profit, But Woes Persist . Read the full post (116 words, estimated 28 secs reading time)
Tags: assets, banks, commercial, Commercial Real Estate, cre, debt, defaults, distressed, economy, FDIC, loans, market, real estate, troubled banks
Posted in Distressed Assets | No Comments »
Sunday, April 18th, 2010
April 17, 2010, Steve Kawulok, Fort Collins CO | 2010 appears to be a time when the two-tier commercial real estate market becomes more evident. Good core properties remain at the top of the tier, and distressed “value opportunities” are populating the lower tier . These two tiers have been attracting investor interest, while the great middle market stagnates with little activity.
How can one determine whether a lower-tier property is really a value buy opportunity? A simple model of the playground teeter-totter might help!
This is a preview of A Teeter-Totter Approach to Buying Commercial Real Estate . Read the full post (349 words, estimated 1:24 mins reading time)
Tags: Commercial Real Estate, commercial real estate strategy, commercial real estate value-buy, purchasing distressed commercial real estate
Posted in Distressed Assets, Market Overviews | No Comments »
Wednesday, April 14th, 2010
From Walt Arnold, SIOR, CCIM - Albuquerque, NM
>>> Click here to listen to the Commercial Real Estate report for 3-29-10 <<<
 Bob Clark, News Radio 770 KKOB: Walt we have heard a lot about commercial real estate foreclosures and the coming wave of more foreclosures. Is this a good time to be looking at purchasing commercial real estate?
We are starting to see some properties make substantial discounts in their asking sale prices. We sold an out of state bank owned office condo that started out at $170.00/sf which was already a discounted price and the final price was less than $120.00. So the opportunities are starting to show up and lenders that need to sell their real estate are beginning to look deep discounts in pricing. There will be buying opportunities in this market.
This is a preview of Commercial Real Estate Report 3.29.10: Foreclosures & Bank-Owned Opportunities . Read the full post (505 words, 1 image, estimated 2:01 mins reading time)
Tags: albuquerque, asset preservation, commercial, cre, for lease, industrial, investments, leased space, maintenance, office, opportunities, property, property management, radio show, real estate, rent, tenant, walt arnold, wealth
Posted in Distressed Assets | No Comments »
Monday, March 15th, 2010
From Walt Arnold, SIOR, CCIM - Albuquerque, NM
Click HERE to listen to the Real Estate Report 3.1.10
Bob Clark, News Radio 770 KKOB: Walt, there is so much doom and gloom in commercial real estate these days, are there any opportunities in this market?
Good morning Bob. Before I start, I just want to mention how much I enjoyed the Winter Olympics. There were so many great stories and the drama was exceptional. I have to admit I am still baffled by curling, the teamwork, the strategy, the preciseness in making the correct move. The enthusiasm of the crowd was a little hard to figure out and as much as I watched it, I still have no idea how the game is won. But I did understand the student sign in the Pit against Air Force that said Curling is more exciting than AFA Basketball, now that made sense.
This is a preview of Albuquerque Commercial Real Estate Report 3.1.10 . Read the full post (490 words, estimated 1:58 mins reading time)
Tags: albuquerque, banks, commercial, cre, Distressed Assets, foreclosures, investments, lenders, market report, opportunities, property, radio show, real estate, walt arnold
Posted in Distressed Assets | No Comments »
Saturday, March 13th, 2010
| Steve Kawulok, Fort Collins CO, March 13,2010 | 2010 is shaping up to be a year of “resolution”, or at the least, attempt at resolution. Increasingly, sellers have fallen into the MAD cycle. They go from Motivated, to Anxious, and then to Distressed sellers. With odds against a seller in today’s market ( more sellers than there are buyers), the MAD cycle is becoming much more commonplace. This MAD cycle phenomenon illustrates the ever-widening gap in a two-tier market evolving in commercial real estate.
Tags: 2010 commercial real estate trends, Commercial Real Estate, distressed sellers, double digit returns, higher risk real estate, motivated sellers, two-tier market
Posted in Distressed Assets, Market Overviews | No Comments »
Friday, February 19th, 2010
It’s always a good time to buy commercial real estate…really!
The law of supply and demand is changing, more inventory, lower prices right, not exactly! The commercial real estate market has plenty of inventories, but just not yet priced right for bargain hunters. The combination of more commercial real estate inventory on the market coupled with improved financing terms and fewer buyers will create the perfect buying storm!
Why? Although there are plenty of commercial inventories on the market, there are fewer investors buying and seller’s motivations are short of buyer’s expectations.
This is a preview of BUY COMMERCIAL REAL ESTATE NOW: FACT OR THEORY? . Read the full post (355 words, estimated 1:25 mins reading time)
Tags: Buy Commercial Real Estate, Buying Commercial Real Estate, Commercial Real Estate, cre
Posted in Distressed Assets, Market Overviews, Multifamily, Retail | No Comments »
Friday, February 12th, 2010
Jerry Anderson, CCIM
Wednesday morning at 7am I posted a tweet on Twitter that a Sperry Van Ness Florida advisor had a “buyer that was frustrated with being unable to get an FDIC commercial real estate contractor to present an offer on a property now in receivership with the FDIC.” I wrote the tweet without a tone of criticism but simply one of frustration and I did not name the contractor, bank involved, location or property .
This is a preview of Is the stuffy, slow moving, conservative FDIC paying attention to Social Media? . . . Absolutely!! . Read the full post (507 words, estimated 2:02 mins reading time)
Tags: CBRE, CCIM, Commercial Real Estate, Distressed Assets, FDIC, Jerry Anderson, Prescient, real estate commercial, Sperry Van Ness Florida, SVN Florida
Posted in Distressed Assets | No Comments »
Monday, November 16th, 2009
ATLANTA, GA, Nov., 16, 2009 - (by John Johnson, CCIM)
Recently, I lent my perspectives on the real estate auction world to Investor’s Business Daily. Auctions are gaining focus right now, with hopes to bring back a realistic sense of fair market value:
Many owners who bought property in the last five years are now upside-down on their loans and have no way out, says John Johnson, head of the Accelerated Marketing unit of Sperry Van Ness.
The commercial real estate firm conducts dozens of live auctions across the U.S. every year. But in today’s market, it runs few reserve sales, which allow the seller to accept or decline the final bid.
This is a preview of Interview: Commercial Real Estate Auctions Rev Up . Read the full post (243 words, estimated 58 secs reading time)
Tags: absolute auction, auction, buyer, commercial, cre, distressed, economy, investments, investors, John Johnson, market value, minimum bid, real estate, transactions
Posted in Distressed Assets, Miscellaneous | No Comments »
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