| |
sean dreznin: Troppe gets Hands on another Downtown Akron Building --- "Thank Goodness!" - 06/12/09 11:18 AM
LANDMARK RESCUED Tony Troppe renovating historic Kaiser Building for use as cafe, offices across from Canal Park By Betty Lin-Fisher Beacon Journal staff writer Photo credits (Ed Suba Jr./Akron Beacon Journal) A downtown Akron building whose last owner lost it to foreclosure after a failed attempt to sell it on eBay is getting new life under the eye of historic building renovator Tony Troppe. Plans call for the Kaiser Building, across from Canal Park on South Main Street, to have a cafe or store in two slots on the first floor, offices on the second floor and a mix of offices and
(2 comments)
|
sean dreznin: AIG agrees to sell 2 NYC buildings - 06/03/09 11:03 AM
The embattled insurer American International Group Inc. is selling its headquarters building in New York and a nearby building in a deal expected to close at the end of this summer, a person familiar with the matter said Wednesday. But the person said that AIG is not disclosing the price or who the buyer is. The person asked for anonymity because the sale has not been made public yet. The building sales are the latest move by AIG, which has received $182.5 billion in financial support from the government since September, to shed assets to repay the loan package. The buildings
(4 comments)
|
sean dreznin: "WITNESS" this - 05/22/09 11:04 PM
LeBron James drills the game winning 3 point shot with 1 second remaining to seal the win 96-95 against the pesky Orlando Magic. What an amazing shot to a breath stealing game! Embedded video from NBA Video
(3 comments)
|
sean dreznin: Real Estate the Family Guy Way - 04/19/09 07:12 AM
Investment Real Estate Improvement Considerations When considering a project for an Investment property, the first question you need to ask yourself, is simply, "Is this necessary, now?" If the project is not considered dire and the consequences are minimal to nil, then logically in this market, it would seem to make fiscal sense to postpone the project (e.g. - Window replacements, asphalt replacement vs. repair) Secondly, the next aspect to consider is how to recoup the cost of the improvements? Rent Increase? Reduction in amenities? Does the current market or your current rents allow for upside movement? Do you
(2 comments)
|
sean dreznin: General Growth (2nd largest U.S. Mall owner) files for bankruptcy protection - 04/16/09 09:30 AM
General Growth Properties Inc, the second largest U.S. mall owner, filed for bankruptcy protection on Thursday in one of the biggest real estate failures in U.S. history. Ending months of speculation, the Chicago-based mall owner, which listed total assets of $29.56 billion and total debts of $27.29 billion, sought Chapter 11 bankruptcy protection from creditors along with 158 of its more than 200 U.S. malls, while it seeks to restructure some of its debt. Since November, General Growth has warned that it may have to seek protection from its creditors when it was unable to refinance maturing mortgages. The company
(5 comments)
|
sean dreznin: Downtown Akron Office/Retail Building FOR SALE ** Impossible to Find Similar ** Motivated Sellers - 04/14/09 04:55 PM
(2 comments)
|
sean dreznin: 4-Units ** Cuyahoga Falls ** Separate Utilities ** Make Offer - 04/14/09 04:51 PM
(0 comments)
|
sean dreznin: 4-Units in Highly Desired Fairlawn, Ohio ** Agent Owned ** Seller Flexible in Terms / Financing ** A Gem of a property - 04/10/09 10:20 AM
(0 comments)
|
sean dreznin: 102- Units ** Priced to Sell ** Seller Financing Available ** Aggressive Management Opportunity - 04/10/09 10:07 AM
(0 comments)
|
sean dreznin: Now is the time when the sickly sharks start circling each other... Only the strong will survive. - 04/08/09 09:08 AM
Pulte Homes agrees to buy Centex in $1.3B deal By MICHELLE CHAPMAN and J.W. ELPHINSTONE, AP Business Writers In a deal that will create the nation's biggest homebuilder, Pulte Homes Inc. is buying Centex Corp. for $1.3 billion in stock as both companies try to survive the worst real estate recession in a generation. The transaction, which also includes $1.8 billion of debt, will combine Pulte's strength in active-adult and retirement housing with Centex's hefty market share of first-time homebuyers. The acquisition also will give Pulte large tracts of land in Texas and the Carolinas, two of the most resilient
(3 comments)
|
sean dreznin: Apartment Complex For Sale - 03/21/09 08:56 PM
(0 comments)
|
sean dreznin: What do you use twitter for? The results of poll.. - 02/22/09 08:41 AM
With an overwhelming 50% of the votes, Business was the category that takes honors for twittering! Social was 2nd with 33%... To see the actual results, visit the link below or start your own poll and let me know about it so I can vote! http://twtpoll.com/r/4u9xnh
(4 comments)
|
sean dreznin: Stretching and Core Videos - 02/14/09 08:35 AM
The two videos I have place below deal with stretching and core exercise which are two extremely important places (in addition to cardio) to build a foundation for future health and fitness achievements. Stretching helps to warm your body up and lessen the likelyhood of injuries and the impact of the workout. Core exercises are important because your core is utilized in almost every exercise whether you feel it or not. Pike Exercise... Suggestion - Do in the comfort and privacy of your home to get decent at these... I tried at the gym and its difficult, if your not
(4 comments)
|
sean dreznin: At the crossroads... - 02/14/09 08:05 AM
I 3> this song and will probably always get a release of endorphins when I hear it, I hope by sharing the tune and the video that someone else finds a similar feeling, or simply just enjoys it. Happy Valentines Day! This song is often rumored to tell the story about a stripper. The stripper statement is simply a misunderstanding. Jack Johnson wrote this song about a young girl named Taylor, hence the title of the song. The song tells the story of three characters. The main character is Taylor, a sweet, young, innocent, lonely little girl, who is
(9 comments)
|
sean dreznin: Photog Friday - 02/13/09 01:31 PM
This is a picture of the walkway crossing over Bowery St in downtown akron. You can see the original and the edited version. I used picasa 3 for this and have been enthused with the results now and in the past with Picasas capabilities. I used to utilize Dell, but after a while all the normal services were unavailable and locked down, so HELLO Picasa!
(12 comments)
|
sean dreznin: Real Estate the Family Guy Way - 02/13/09 09:20 AM
Investment Real Estate Improvement Considerations When considering a project for an Investment property, the first question you need to ask yourself, is simply, "Is this necessary, now?" If the project is not considered dire and the consequences are minimal to nil, then logically in this market, it would seem to make fiscal sense to postpone the project (e.g. - Window replacements, asphalt replacement vs. repair) Secondly, the next aspect to consider is how to recoup the cost of the improvements? Rent Increase? Reduction in amenities? Does the current market or your current rents allow for upside movement? Do you offer things
(4 comments)
|
sean dreznin: Missing your audience? - 02/09/09 04:50 PM
With the changes in thinking, living and existing that society as a majority has assumed and is currently living. It is amazing to myself and others why so many apartment advertisements and property sellers are utilizing the same messages they were before the economic issues afflicted us. It would seem appropriate to make a seismic shift in the message to strike the chords with the audience! Communcations firm DMB & B says: "When faced with penny pinching consumers, it helps to shift your ad campaign from messages like ‘luxury' and 'status enhancement' to efficiency and value." It would appear that
(4 comments)
|
sean dreznin: Are you using Video's to Market your properties? - 02/03/09 09:32 AM
Are you using Video's to Market your Properties? YouTube Attracts 100 Million U.S. Online Video Viewers in October 2008 Hulu Continues Ascent, Ranks #6 in Online Video Market Share ~ <To get a better idea of Hulu, go to Youtube and type in a search for "30 rock" and click on one of the episode videos and the first thing that will usually flash is the Hulu Logo... ComScore (SCOR: 11.61, -0.53, -4.4%) , a leader in measuring the digital world, today released October 2008 data from the comScore Video Metrix service, reporting that U.S. Internet users viewed 13.5 billion
(8 comments)
|
sean dreznin: Apts-for-Sale.com - 01/25/09 09:03 AM
I have used this site for years and although it, to my knowledge, has never paid a dividend, I enjoy the fact that only apartment complexes are listed on the site. Ultimately, it appears some of the main administrators utilize national listing mediums, such as Wall Street Journal and For Sale listings to compile its list. Again, I reiterate this is a nice organizational tool for Apartment complexes for sale. This site seems to handle ass small as 5-unit up to major portfolio properties (500 units+). http://www.apts-for-sale.com/ubbcgi/ultimatebb.cgi?ubb=get_topic;f=1;t=020591
(3 comments)
|
sean dreznin: Commercial Real Estate Exposure Catches Banks in Economic Downdraft - 01/23/09 10:14 AM
Commercial Real Estate Exposure Catches Banks in Economic Downdraft Banks Report Deterioration in Nonresidential Loan Portfolios, Tighten Purse Strings THE OTHER SHOE HAS DROPPED. Banks began issuing their fourth quarter reports this week and a potential major trend appears to be the negative effect deteriorating business conditions are beginning to have on the credit quality of their commercial real estate loan portfolios. In addition, banks are reporting they expect the credit quality of their portfolios will only continue to worsen. Not surprisingly, bankers also noted that the overall demand for loans has declined and so has the credit quality
(4 comments)
|
|
|
|
|
|
Sean Dreznin, Commercial Investment Real Estate Agent
Sarasota,
FL
More about me
NAI Manasota
Address: 1718 Main St, Sarasota, fl, 34239
Office Phone: (330) 741-9667
Email Me
Links
Archives
|