commercial real estate: The Commercial Real Estate Dilemma
- 02/14/10 12:07 AM
Financial institutions are saddled with a potential loss of over $300 billion or more in commercial loans that will be coming due over the next several years. These enormous losses could actually cause banks to fail and create enormous challenges for cities that will be left with abandoned buildings and empty storefronts. Smaller banks are actually much more vulnerable than large Wall Street firms since smaller banks make up a large percentage of commercial lenders and lack the loan loss reserves to meet such a challenging downturn in the commercial markets Commercial values have fallen as much as 40% over the past 3 years. … (3 comments)
commercial real estate: Auction Generation adds commercial real estate auction consultant to his team (CCIM)
- 01/24/09 08:04 AM
Rick Fowler, CCIM, Commercial Real Estate Consultant Rick has been in the commercial real estate business for 24+ years and is a licensed real estate broker. He has worked as a broker salesman for over 16+/- years with both Grubb & Ellis and Coldwell Banker Commercial (what is now CB Richard Ellis) and currently works with Pinestreet / RPS as a broker / associate. Rick's current focus is office / warehouse sales and leasing and land sales; however, his brokerage background also includes retail shopping center sales and leasing. Prior to joining Pinestreet / RPS, Rick worked for 8+/- years … (0 comments)
commercial real estate: Commercial Real Estate: CCIM
- 12/12/08 09:23 AM
Auction Generation partners with experts that individually have over 20 years of commercial real estate experience. They provide critical insight, strategy and tactics to ensure that all commercial property auctions achieve maximum sales results. Our consultants are active commercial brokers whose experience includes working with some of the nations largest and most prestigious firms including Grubb & Ellis Co. and CB Richard Ellis, achieving top dollar sales volume. Our team has extensive development experience in the development of residential subdivisions, retail shopping centers, office condos and warehouse distribution space. In addition to extensive experience and success, our partners have excelled in … (0 comments)
Financial institutions are saddled with a potential loss of over $300 billion or more in commercial loans that will be coming due over the next several years. These enormous losses could actually cause banks to fail and create enormous challenges for cities that will be left with abandoned buildings and empty storefronts. 
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