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landqwest asset recovery: What happens when commercial projects go into foreclosure? - 09/23/09 05:08 PM
 
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landqwest asset recovery: What happens when commercial projects go into foreclosure? and what is the role of a Court Appointed Receiver(CAR)? - 09/23/09 09:40 AM
Receivers take over when project crashes                                              
Job is to find agreement all parties can live withBy DICK HOGANdhogan@news-press.com
Sometimes it is better to hire a receiver than it is to give up on a commercial property that's in financial straits.
That's the conclusion increasing numbers of lenders are coming to as the number of office buildings and shopping centers slipping into foreclosure continues to rise.
"It's a busy time," said Jerry McHale, a Fort Myers-based certified public accountant. "I've been doing this for 35 years and I've never been busier."
Bill Valenti, president of Florida Gulf Bank in Fort Myers, said … (0 comments)

landqwest asset recovery: What takes place when a commercial project goes into foreclosure? - 09/23/09 09:12 AM
 
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landqwest asset recovery: LandQwest Commercial Continues Expansion Despite Uncertain Economy - 10/31/08 07:48 AM

LandQwest Commercial Continues Expansion Despite Uncertain Economy
By Elizabeth W. Pearce
Suite Life Magazine 
At a time when some commercial brokerages are struggling to make deals, the principals of LandQwest Commercial, LLC in Fort Myers have relocated to a new headquarters at 12800 University Plaza. University Plaza is a Class A office building, and the LandQwest offices occupy a space that is just over 5,000 sf. Given the current economic environment, that's an especially ambitious undertaking for an independent brokerage that opened just as the market was contracting. However, the downturn has had little effect on the company's growth.
In … (3 comments)

 

Stephen A. Cunningham; MAI, CCIM

Fort Myers, FL

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LandQwest Commercial

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Real Estate and Development According to Hammer or "READ" is a blog that provides information relating to Commercial Real Estate and Development from South Florida, with periodic entries of LandQwest properties available for sale or lease. site stats Locations of visitors to this page website statistics
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