| |
commercial foreclosures: The Legendary "100 Million REO Portfolio Package" Is Real - And Ready for Cherry-Picking By REO Investors - 07/23/10 10:24 PM
As of today, I now have access to the legendary "$100 million REO foreclosure portfolios, both residential and commercial properties typically made available to only the elite hedge funds and institutional investors that have "inside connections" of some kind. As a result, I am looking for investors seeking access to a portfolio of REO investment properties in this $100 million price range with highrly customized specifications on the exact location and property type desired. You (the investor) name your price range, the property condition, the specific area codes, any property specifications, and we'll provide you with a resource to cherry-pick these … (3 comments)
|
commercial foreclosures: Bank Failing? Blame the Regulators! - 07/14/10 01:26 PM
McIntosh Commercial Bank has lost so much money on loans that, by one measure, it was financially the weakest of Georgia's roughly 300 banks. So rather than look within for insights as to why the bank has failed miserably, representatives are actually complaining that federal regulators were being overzealous in closing banks.Here's probably a more realistic explanation: they loaned too much money to developers, builders, and buyers and when the market tanked, so did they - just like countless others. Greed causes the downfall of many. And it seems blame is very commonplace when things go wrong.
… (0 comments)
|
commercial foreclosures: Who Can You Believe These Days Regarding Commercial Real Estate? - 07/13/10 02:24 PM
Do newspapers, TV, and the media in general report what's REALLY going on in the news, specifically commercial real estate? It's hard to believe what you read some times when the authors of these newsworthy pieces are clearly misssing out on key signals and indicators that portend exactly the opposite of what they're saying.
Take today's story in the Las Vegas Review Journal, "Commercial real estate prices reaching one third 2007 levels". Here's a few talking points from the article:
"I think we're pretty close to the bottom because once a bank gets a property back, you can't go any lower than … (0 comments)
|
commercial foreclosures: Seriously, I Just Got This Email Regarding Commercial Real Estate - 06/10/10 05:41 PM
You know why people hate real estate agents? Because there's a perceived notion out there that real estate agents are all after the commission without regard to whether or not the purchase (or sale) is right for the CLIENT.I want to share with you an email I just received that drives home exactly that. (I took out any references to the sender, or the company name that sent out this doozy):There has never been a better time for business owners to purchase the commercial property their businesses occupy. It's a fact, and I'll tell you why. The 20-year fixed interest rate … (0 comments)
|
commercial foreclosures: Commercial Real Estate Foreclosure Recovery? Not By a Long Shot - 06/04/10 06:23 PM
Lately, I've heard rumblings that we're actually entering into an economic "recovery". With high unemployment and massive household debt, that's hard to believe. Remember, many people have financed their expensive lifestyles and the bills are coming due. Financial services, home-building, auto workers, even lawyers, brokers and other traditionally well-compensated fields are feeling the brunt.Here's the mission statement for why we're in for a rough stretch of commercial real estate: everyone borrowed too much!Not painting a pretty picture as well is the long-term impact of colossal government spending and national debt which has yet to be felt. Jobs just cannot be created … (0 comments)
|
commercial foreclosures: The Long Road Back - Commercial Real Estate: Absolutely No Demand - 06/02/10 06:44 PM
Commercial foreclosures are looming in the future. Here's more bad news for commercial real estate owners: there's no demand for your product. Looking to increase cash flow to meet expensive debt service? Not a good bet. As tenants continue to downsize to cut costs, landlords are facing serious challenges as their stifling mortgage statements stare them in the face month after month. In today's marketplace, commercial real estate is seeing the following trends:
Retailers are closing their weaker stores, and concentrating mainly on only the strongest of large shopping centers Apartment renters are doubling up or moving back in with their … (2 comments)
|
commercial foreclosures: And the Market to Watch Is..... (Drumroll please) - 06/01/10 08:07 PM
Well, unfortunately, according to the Emerging Trends, there really is no market to watch at this point. They are not bullish on any particular place. But they do say that investors tend to favor the following: Global gateway markets on the East and West coasts—featuring international airports, ports, and major commercial centers.Cities and urbanizing infill suburbs with 24-hour attributes—upscale, pedestrian-friendly neighborhoods; convenient office, retail, entertainment, and recreation districts; mass transit alternatives to driving; good schools (public and/or private); and relatively safe streets.Brainpower centers—places that offer a dynamic combination of colleges and universities, high-paying industries—high tech, biotech, finance, and health care (medical … (0 comments)
|
commercial foreclosures: 2010 Congressional Oversight Panel Report on Commercial Real Estate Losses and the Risk to Financial Stability - 05/30/10 09:59 PM
Nobody likes to read government documents and reports. It's probably because they're all long, boring, drawn-out with pages and pages of fluff information that no one cares about. However, in the case of the 2010 Congressional Oversight Panel Report, I started reading the document, and I must say, the information contained is just plain shocking!You thought it was bad now, their take on the commercial real estate marketing is downright frightening (and if history is any indication, usually correct!). Download the report (it's 190 pages!), but just read the Executive Summary. And make sure you're sitting down. Here's my favorite paragraph:Between … (2 comments)
|
commercial foreclosures: Commercial Real Estate Key to Success - 05/28/10 07:11 PM
I am currently reading the Emerging Trends Real Estate 2010 report and happened upon this quote to start the Second Chapter of the document:
“The key to success in real estate investing is to follow the capital flows, not the fundamentals. Anticipate what capital wants and be there.”
This is a must-read report for anyone in the commercial real estate world or just anyone looking for knowledge on where the industry has been and where it is going. You can download the report on the homepage at the www.CommercialREOs.com website.
According to the report:Slowly, capital will flow back into commercial real … (0 comments)
|
|
|
|
|
|
Ron Costa
Las Vegas,
NV
More about me…
ALL Vegas Valley Realty
Office Phone: (702) 336-5554
Email Me
Warning: Reading Ron Costa's blogging ideas and information may cause a quick increase in blood pressure and perhaps allergic reactions to information you've never encountered before. Read at your own risk
 Links
Archives
|
;)
;)
