Archive for the ‘Market Overviews’ Category
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 »
Wednesday, February 17th, 2010
Tom Vincent, CCIM | Chicago, IL - February 16, 2010 - Just came across an interesting action table in the latest CIRE magazine offering a summary of commercial real estate investment advice for 2010 based on sector. I thought some may find it of interest. Although please note, I would consider this as broad advice and not applicable to every geographic market. Email me or call me at (847) 963-1031 for more specific interpretations for your region of interest. Or, leave your comments or questions below.
Permanent link to this post (87 words, 1 image, estimated 21 secs reading time)
Tags: 2010, commercial, condos, distressed, economy, Hospitality, Hotels, industrial, investing, investment, investments, investor, land, Multifamily, office, property, real estate, Retail
Posted in Market Overviews | No Comments »
Monday, 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
Posted in Market Overviews | No Comments »
Monday, 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
Posted in Market Overviews | No Comments »
Tuesday, 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
Posted in Market Overviews | No Comments »
Monday, 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
Posted in Market Overviews | No Comments »
Sunday, 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
Posted in Market Overviews | No Comments »
Friday, 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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Friday, 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
Posted in Market Overviews | No Comments »
Wednesday, January 6th, 2010
Steve Kawulok, Fort Collins CO | If you go to a casino, you should know the odds of a bet before you place it. Not many people would be excited to discover that their odds of success were only one in six. You’d likely not place that bet unless you were desperate, or having too much fun to think clearly. Or, perhaps you would play, if you had some knowledge of how to increase your odds because you had studied the game closely.
This is a preview of Selling Commercial Real Estate and Finding a Job . Read the full post (714 words, estimated 2:51 mins reading time)
Tags: Commercial Real Estate, commercial real estate market overview, commercial vacancy rates, employment and commercial real estate, seling commercial real estate, vacancy rates
Posted in Market Overviews | No Comments »
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