Retail closings fell 46% in the third quarter to $8.2 billion from the second quarter’s $15.2 billion. As bad as that was it was still an improvement over last year’s third quarter of $6.6 [...]
It’s actually not all that surprising given that construction financing has all but shut down once again that any pickup of leasing activity means a net positive absorption given that there’s [...]
Here’s another one from Mark that follows on what I just wrote in the last post. And by the way, I need this kind of product for both buyers and sellers. See my contact page. It’s the cheap [...]
There’s plenty of money out there, but with a huge aversion to risk. Question is where to put it. You can’t make anything on money market, bond yields are way down, Europe is still in meltdown, [...]
The CMBS recovery was coming along so strongly in the first two quarters of 2011 that conservative estimates were $35 – $40 billion and some predictions as high as $50 – 55 billion in [...]
At the link is the CoStar Commercial Real Estate Repeat Sales Indices (CCRSI), which looks at the 766 transactions in July and more than 100,000 sales since its inception. This is quite useful. [...]
This has become an annual legislative fight since the Democrats regained control of congress in 2007. Just the uncertainly alone casts serious doubts and further delays the commercial real [...]
This is encouraging. It’s the fourth consecutive monthly price increases for the General Commercial Index of 2.4% for investment quality product and .7% for general commercial. The monthly [...]
I’ve written several times in the past year about the September 2010 newly launched SBA 514 program, and like so many government programs as of late, has been a failure. How could this happen so [...]
We had a decent head of steam from the fourth quarter of 2010 through second quarter of 2011, but a bunch of uncertainty is now in the air. Let’s hope this doesn’t lead to another downturn after [...]
Nationwide Realty Development received Grandview Heights’ planning commission final approval to begin construction next month of a 154 unit residential complex at the 90 acres Grandview [...]
Well, regarding the commercial real estate side of this business: we were clipping along pretty well and then month after month of anemic job growth numbers, downward revisions to GDP for the [...]
Investors showed a sharpened appetite for commercial property, pushing prices up in the second quarter. I realize that the second quarter, the end of June, sounds so long ago given what’s [...]
I’m going to write about something positive. True, the DOW is down about 300 as this is written and the CMBS market is running into rough waters so the overall situation out there is not exactly [...]
Real Estate information provider CoStar Group just introduced its first ever app for Apple’s iPad “This is completely different,” said Andrew Florance, the firm’s founder and CEO, speaking [...]
For my 200th post, I’ll put up something fun instead of the gloomy news that’s accidentally been the focus of my last few posts. There’s a very fun event coming up on August 20, 2011, [...]
There are big storm clouds on the horizon and it’s not showing yet in the numbers. Business like predictability, good or bad, and the current uncertainty will damage the numbers for third [...]
A reported $35.48 billion was raised in the second quarter for acquisitions and refinancings. The total for the first half was $66.43 billion. It took nine months last year to raise the same. [...]
LaSalle Investment Management is forecasting $2 billion of property investment in 2011 primarily in major markets such as Southern and Northern California, Chicago and Washington, DC. They also [...]
I’ll do a real quick summary of his points then link you directly to his article. 1031 Exchange Opportunity – Exchange one property with a low basis for another or more better performing or [...]