Real estate blog entries tagged with commercial real estate by Ron Costa (ALL Vegas Valley Realty)

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Home : Blogs : Ron Costa : Commercial REOs, Commercial Foreclosures, and Bank-Owned Property : Tag "commercial real estate"

commercial real estate: 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.
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commercial real estate: 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)

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Ron Costa

Las Vegas, NV

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ALL Vegas Valley Realty

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