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ohio: New to Commercial Real Estate Investing? Some common mistakes to avoid... - 07/07/09 12:52 PM
New to Commercial Real Estate Investing? Some common mistakes to avoid...
It's been said that the best time to invest in real estate is in a down market. Well, what are you waiting for? Commercial real estate prices are at all time lows and interest rates are still very attractive. Admittedly banks are very hesitant to make loans, especially on investment property. Investors in a strong financial position that have a good relationship with their bank are having success. If you are new to real estate investing you need to be somewhat cautious in choosing the right property.
I came across a Blog recently that … (1 comments)
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ohio: Commercial Real Estate Values Continue to Slip: Is there a Silver Lining? - 05/07/09 11:30 AM
What is the Silver Lining? Possible Lower Tax Valuations Next Year
I realize that falling RE property values is a big concern to property owners everywhere. Especially the one's trying to sell their property right now. If you are able, this is a great time to purchase Commercial Real Estate. Borrowing constraints can be difficult but not impossible and rates are very good. The silver lining for those owners planning on possessing their property for the next few years might be found by having a Property Tax Re-Assessment at the beginning of 2010. I know of many that have already done so this year with … (6 comments)
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ohio: The Akron, OH Commercial Real Estate Market: Part 2 - 09/04/08 01:38 PM
Some of the highlights of the happenings in the greater Akron area are as follows:
Goodyear Tire & Rubber Company - New HQ
The tire and rubber giant, Goodyear Tire and Rubber Company's commitment to staying in Akron by having their new World Headquarters constructed along with the adjacent proposed retail and hotel development is terrific for the city and surrounding areas. This will be made possible by an unusual public-private partnership. A California based real estate investment group will take over Goodyear's current buildings and in turn erect a new headquarters building, along with additional commercial space, and then lease the … (1 comments)
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ohio: The Akron, OH Commercial Real Estate Market: Part 1 - 08/08/08 10:44 AM
As most of you know from personal experience, or through the constant barrage of negative press, the Commercial Real Estate Market in general has been rough for the past year or two. Some so called experts are not calling for much of a turn around until at least the 3rd or 4th quarter of 2009.
I on the other hand, along with the other agents at NAI Cummins Real Estate, choose to look at this market as a great opportunity for those businesses looking to upgrade or expand their current facilities. Lease rates and sale prices are about as … (5 comments)
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Mark Stacy
Akron,
OH
More about me…
NAI Cummins Real Estate
Address: 787 White Pond Dr., Suite A, Akron, OH, 44281
Office Phone: (330) 535-2661 x 142
Cell Phone: (330) 714-6169
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