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distressed properties: are you looking for distressed properties? - 08/14/09 12:00 PM
Mark Cooper and his team at kw commercial handles Commercial Sales, Leasing, and Real Estate Investments in the San Francisco Bay area.

A recent client requested "distressed" NNN investments, fully leased, with actual 7+ caps, in the 1m price range, in a good locations. Here lies the problem, "Distressed" implies a high vacancy rate, a loan maturing with little or no equity, or deferred maintenance requiring capital improvements.
In this case I would swap the word "distressed" for "home run deal".
We see gas stations all the time for sale cheap, claiming to be 12+ caps. Yes, the rent is high, but the cost of required … (0 comments)

distressed properties: can I take your order, would you like to hear our daily special? - 05/20/09 11:47 AM
In San Francisco Mark Cooper's commercial group handles distressed properties and stalled developments. A few months ago, the buyers were on the fence, and the asset managers and desperate sellers were not ready to share their inventory.
The buyers are now ready to take advantage of the opportunities in the market. Mark Cooper's group likes to determine the "appetite" of buyers and investors. When buyers are not sure, the group looks at their last purchase, how it went, and would they like something similar. Just recently the commercial asset managers have begun to share their inventory of stalled developments and distressed properties. They call … (1 comments)

 
Markcooperhl

mark cooper (marin commercial leasing agent)

San Rafael, CA

More about me…

HL Commercial- Marin County, CA

Address: 4304 Redwood Highway, #200, San Rafael, CA, 94903

Cell Phone: (415) 608-1036

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