Joe Sosky's (joesosky) Blog

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Commercial Real Estate Agent - KW Commercial
RECENT BLOG POSTS
Today's Wall Street Journal ran an article by Carrick Mollenkamp and Maurice Tamman:  TARP Panel; Small Banks are Facing Loan Woes.  A Congressional Inquiry concluded that nearly 3,000 small banks could be forced to dramatically curtail lending because of losses on commercial real estate loans.  ...
02/11/2010
We have seen an upswing in the Clark County market with commercial leasing activity since the first of the year. Tenants are looking for new space or they are expanding and need additional space.  Great news as landlords look to increase their occupancy rate and increase their cashflow.  If you h...
02/10/2010
It looks like the operating levies throughout Clark County are all passing.  As of 10:00 P.M. Tuesday evening, The Columbian reported that each school district in the county was on their way to passing.  While none of us want an increase in our property taxes, failure would be devastating to the ...
02/09/2010
If you're not on the phone, you're unemployeed.  That's my statement when asked by friends that are salaried or work for an hourly wage on what its like being in real estate.  As commercial real estate brokers, our KW Commercial team knows the importance of talking with clients, potential clients...
02/08/2010
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Superbowl XLIV is in the books; New Orleans Saints 31, Indianapolis Colts 17.  As I reflect on the game, I can't help but think of the end of the 1st Quarter with the Colts ahead 10 - 0.  Payton Manning had just put on a clinic in dissecting the Saint's defense.  The start of the 2nd quarter for ...
02/07/2010
With the change in market conditions, traditional financing has gone by the wayside.  My direct conversations with local banks reveals none of our local banks are ready or capable to step up to the plate to offer local financing to local developers.  We have even had difficulty in finding small d...
02/07/2010
Do you need a commercial Broker Price Opinion?  I just returned from San Diego and took 2 days of classes offered by CREOBA on writing commercial BPO's and marketing commercial REO's.  CREOBA stands for Commercial REO Broker's Association.  The instructors managed small and large commercial asset...
02/06/2010
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Today's Superbowl has special meaning to me because the Saints are playing.  Am I a Saint's fan?  Hardly, but like many, its easy for me to root for the underdog.  Considering they have never played in the Big Game, I consider them an underdog.  Plus, the area has battled back from Katrina.  But ...
02/06/2010
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Today I had a great opportunity to meet a very nice family here in Vancouver.  The family's residential agent asked me to create a BPO for her client's commercial property.  I applaud her for putting her client's interest above her desire to have a 7 figure listing with no realistic hope of selli...
02/06/2010
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Joe Sosky

Commercial Real Estate Broker - (360) 816-9652
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