Apr 26

“Good real estate, good tenancy and quality management will stay leased,” Mr. Hurwitz said. “Distressed real estate will go deeper into distress

via WSJ.com.

Feb 18

WASHINGTON, D.C. – Small businesses facing maturity of commercial mortgages or balloon payments before Dec. 31, 2012, may be able to refinance their mortgage debt with a 504 loan from the U.S. Small Business Administration under a new, temporary program announced today.

via Strategic Growth Concepts

Sep 25

Investors waiting for waves of distressed real estate assets to hit the market may be waiting forever

Low interest rates encourages banks to hold onto assets since the cost to carry is very low

via — Seeking Alpha.

Jul 17

Dennis Kefalinos purchased the 2.2 million square foot Russell Industrial Complex for $1.5 million in 2003, gambling manufacturing or industrial tenants would appear. They haven’t.But seven years later, he has filled 25% of the factory with artists and small businesses who pay $550 a month, heat included, for 1000-square-foot studios / shops. And he didn’t pursue this angle. The tenants came to him, one at a time, at a rate now of one new tenant a week.

via Agent Genius

Jul 05

Charles Dickens began his classic, A Tale of Two Cities with the famous opening “It was the best of times …” That was the tone of the Mortgage Bankers Association’s (MBA) January 2007 assessment of the commercial market which was entitled “The Perfect Calm.” Indeed, everything looked calm and promising to the MBA.

via Seeking Alpha.

May 05

The first commercial-mortgage-bond deal of the year is expected to be marketed to investors this week, according to sources familiar with the transaction.

The offer is seen as a sign of investors’ willingness to tolerate risk, despite the deteriorating fundamentals of commercial real estate, as long as a deal is accompanied by adequate protection and conservative underwriting.

via WSJ.com.

May 04

As new malls open in cities, the shine wears off of the older malls, patron shuffle over to the shiny and the older may end up closing as lease holders jump ship to newer areas. In other words, it dies. This typically happens in areas of town that are declining or that were overbuilt with retail space.

Read More.

May 01

Commercial real-estate problems may be about to douse the recent rally enjoyed by regional banks

via WSJ.com.

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