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Home : Blogs : Stephen A. Cunningham; MAI, CCIM : Steve's Appraisal Continuum

Circuit City has filed for bankruptcy about a week after it said it would close 20 percent of its stores.

It's offical, today Circut City filed for Chapter 11, as reported in the Wall Street Journal HERE. After the reisgnation of its CEO, dismal quarterly reports, and the company's chose to hire FTI consulting a "turn around specialist" as discussed HERE in a Bloomberg article.

Sad reality is.... they're not alone, the recent list of retail stores to file for Bankruptcy protection includes:

Levitz Furniture, Mervyn's, Sharper Image, Performance Team Freight, Hollywood Video, Linens n Things, Bed Bath and Beyond.

As an aside, if you purchase big ticket items don't forget to buy or check on the avability of buying a warrenty from the maker not Circut City's extended warrenty plan, and also don't forget to use your gift cards up!

Posted by Stephen A. Cunningham; MAI, CCIM on 11/10/2008 08:01 AM

circut city, chapter 11, november 9 2008

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LandQwest Commercial moves forward with expansion despite uncertain economy

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

LandQwest Commercial Continues Expansion Despite Uncertain Economy By Elizabeth W. Pearce At a time when some commercial brokerages are struggling to make deals, the principals of LandQwest Commercial, LLC i n Fort…

Asset Recovery in SW Florida

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

Asset Recovery also called investment recovery or resource recovery, is the process of maximizing the value of unused or end of life assets through effective reuse or divestment. Both large and small organizations practice asset recovery at…

Asset Recovery in SW Florida-Lee County, Ft. Myers, Cape Coral, Lehigh Acres

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

LandQwest Commerical now offers Real Estate Asset Recovery services through our newest division: LandQwest Asset Recovery, LLC. LandQwest Asset Recovery’s expertise is available to institutions, banks and third parties. For example, when…

Investors have a right to accurate and actionable information on the value of their corporate assets.

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

Do today's "frozen markets" simply reflect an unwillingness to sell at low prices or a hope that some institution (government) will step in to put an artificial floor under prices? Calls for valuing assets at inflated fictional values and…

LandQwest Asset Recovery Provides Professional Asset Recovery Services in Lee County-Ft. Myers and Cape Coral

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

In a real estate market where developers and corporations are whittling down their staffs, banks and insurance companies are faced with what to do now these institutions have become the reluctant owners of huge portfolios of buildings, many of…

SW Florida's LandQwest Asset Recovery, LLC Mixes Hands-On Knowledge With Strategic Savvy in their Commercial Property Asset Recovery and Management Division

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

In a real estate market where developers and corporations are whittling down their staffs, banks and insurance companies are faced with what to do now these institutions have become the reluctant owners of huge portfolios of buildings, many of…

Commercial Property Asset Recovery and Management; LandQwest Asset Recovery LLC Mixes Hands-On Knowledge With Strategic Savvy

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

In a real estate market where developers and corporations are whittling down their staffs, banks and insurance companies are faced with what to do now these institutions have become the reluctant owners of huge portfolios of buildings, many of…

SW Florida's LandQwest Commercial Provides Asset Recovery Division in response to the Emerging Trends in Real Estate

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

Emerging Trends 2009 Real estate industry investors and professionals expect financial and real estate markets in the United States to bottom in 2009 and flounder for much of 2010, with ongoing drops in property values, more foreclosures and…

Professional Asset Recovery Firms and their role in Emerging Real Estate Trends 2009

Stephen A. Cunningham; MAI, CCIM (LandQwest Commercial)

Emerging Trends 2009 Real estate industry investors and professionals expect financial and real estate markets in the United States to bottom in 2009 and flounder for much of 2010, with ongoing drops in property values, more foreclosures and…

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Stephen A. Cunningham; MAI, CCIM

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Office Phone: (239) 275-4922 x 225

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