Archive for December, 2008
The Commercial Real Estate Blog-O-Sphere News #12 – Apartment Short Sales?
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apartment short sales?
Greetings from the dead Christmas tree capital of the world!
Rob Powell: Commercial Real Estate Investor and Coach
If you read my last blog….you may be bummed of all the talk of a coming depression. In all honesty, it got me thinking off all the opportunity that is coming. Not just in Commercial Real Estate but also in other investment vehicles.Oh….and by the way….what the heck is a ponzi scheme?
An interesting quote regarding Apartment Investments from Ed NowKedi (Cushman and Wakefield) from his article, “Short Sales are Coming”
Numerous factors are exerting pressure on the real estate sector at both the individual asset and portfolio levels. One thing is for sure; as the economy softens, vacancies increase, rents fall and access to capital remains frozen, defaults will increase.
My question to Ed is…if people are losing their homes….and now they are not going into apartments….where are they going? One would think with the people losing their homes…they have to go somewhere….how can it be that apartments are not seeing an increase in occupancy? Mobile home parks maybe? or maybe homeless shelters? I can definetly see a decrease in occupancy in high end apartments (A class). But one would think B and C class would be hitting their stride…no?
More Commercial Real Estate News from the Blog-O-Sphere:
| Housing blues hit Shady Canyon – Lansner on Real Estate … – What does this mean for OC real estate? Well, it means prices across the board are coming way down. Bogey Says: December 29th, 2008 at 8:32 am. LEE, EXACTLY! It’s mind-boggling that some people still don’t ‘get it’ …
Real Estate Blog – What’s a Ponzi Scheme? (And Who Is This Ponzi … – Pappas Realty Co. Office Phone: (330) 762-0535 x 16. Email Me. Commercial Investment Real Estate, Ohio, Summit County, Cuyahoga County, Apartments For Sale, Multi-Family, Retail … Real Estate Blog – Broomfield RE Trends: Large Apartment Investing – Investing in Real Estate 5 – Large (5+ unit) Apartment Building This blog will discuss a type of real estate investment, large apartment buildings, in the Broomfield area in Denver. What this investment is: Still targeting tenants for … The (Big) Round-Up: Monday | The New York Observer – With so much federal money up for grabs, major players in the commercial real estate industry are putting together a compelling case for why they deserve some cash of their own. [NY Times]. A young couple ditches the suburbs for an … Plans by banks to tighten lending even further seen as new blow to … – Several banks have either suspended or stopped loans to construction and real estate companies. ‘Clearly there is a sector bias against real estate, construction and the hospitality sector in our lending operations as these sectors are … |
Until next time…..rob
The Commercial Real Estate Blog-O-Sphere News #11 – The Future
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Greetings from the squirrel capital of the world….Cedar Crest, NM!
If you are watching the news, you are aware that the “year in review” news segment is almost in rerun mode. Well, I thought I would show you a few videos from the blog-o-sphere of what the prognosticators are saying about the near future. And….of course commercial real estate news. One thing is for sure….if there was a time to buy….it is in the very very near future. Will you find a cave or figure out how to take advantage of the commercial real estate bust?
Video’s from prognosticators (credible and not-so-credible):
Ron Paul on the Economic Collapse!
Peter Schiff on Impending Economic Collapse
Economic Collapse of 2009 – Greater than Great Depression of 1929
- Robert: I believe that 2009 will undoubtedly set a mark in time as the year that established the new paradigm for commercial real estate investing and real estate services. [ More Eyeball '09 HERE | Eyeball '08 | '07 ] …
Baby Boomers Will Drive Real Estate Growth : Smarter Finances …
- The size of the group gives it vast influence over American politics, popular cultural, and of course, real estate. To evaluate the influence of the baby boomers on the future of real estate, the National Association of Realtors (NAR) …
Your 2009 Real Estate Outlook
- The residential real estate business started slowing in 2006, and then really fell out of bed in 2007. But commercial real estate continued chugging along for a while. That’s all changing — and 2009 will likely be even worse for landlords and investors in warehouse, office, … It will make it so you can invest in rental property, or strip malls, or an office building and generate attractive returns again, without relying on pie-in-the-sky projections about future growth. …
The Coming Commercial Real Estate Implosion | The BizJournal at …
- Anyone concerned about the short term future of commercial real estate would do well to read the full report, but I’ll go ahead a spoil the punchline:. In short, tougher times appear to lie ahead. Worsening macroeconomic conditions …
Real Estate Investmenting …
- It is not a secret that today real estate is in a rather bad shape. One of the main reasons behind this is the problem of foreclosure. Let’s remind that.
Will 2009 be “it” — the year when things finally start turning …
- Investors are going to focus once again on the wounded real estate market. And millions of homeowners and commercial property owners are going to ask that all-important question: Will 2009 be “it” — the year when things finally start turning around? … It will make it so you can invest in rental property, or strip malls, or an office building and generate attractive returns again, without relying on pie-in-the-sky projections about future growth. …
Buchanan Street’s Brunswick Looks Back at ’08, Eyes Future
- Brunswick: It’s not particularly troubling, as I believe those monies can be better utilized within our economy than within the commercial real estate sector. The distress in commercial real estate is not currently …
Until next time…..rob
Greetings from the birth place of Santa Claus….Cedar Crest, NM!
Heading into the climax of the year…..nothing surprises me anymore. Another bank closure….commercial real estate developers want a piece of the bailout action….Santa Clause gets 
laid off. No surprises here. But what is a surprise is Detroit Lions have yet to win a game. And….Sam Bradford and Oklahoma Sooners are headed to the BCS Championship. Who said College Football is not POLITICAL…how else did Oklahoma end up there?
So…in other not surprising news….Circuit City leads the way into the depths of retail hell. Check out this article HERE where Circuit City takes the position of the drowning rat…while others stand in line and watch before it is their turn. Read this snippet:
“But the issue is much bigger than Circuit City’s leases. Many retailers are suffering sales declines, closing stores and slowing the pace of expansion. That’s creating a lot of excess space along with a shortage of potential replacements. While some segments of the retail industry are still growing—most notably discounters and grocers—there isn’t enough overall demand to absorb the space that’s coming to the market right now; especially in the mid-size big boxes Circuit City inhabits, notes Andy Graiser, co-president of DJM Realty, a Melville, N.Y.-based real estate disposition and restructuring firm that is handling Circuit City’s portfolio. As a result, failed auctions of excess retail space could become a common occurrence next year, according to Graiser.”
Also….as things get worse….watch the CAP rates creep up. Check out the CAP rate chart HERE. How high do you think they will go? Are you buying or running? The opportunities are getting better and better if you know what you are doing. What are you going to do?
More Commercial Real Estate News from the Blog-O-Sphere…..
| Memphis Daily News – Commercial Real Estate Sales Down 18 Percent – A familiar theme in the commercial real estate market continued in November as a couple of high-dollar transactions kept the month out of the doldrums. Not surprisingly, though, those numbers didn’t do much to salvage an otherwise …
New York – Yes, Commercial Real Estate Diving Too – Runnin’ Scared … – You know the bad news is coming, and you can’t do much about it. That must be a familiar feeling for the pashas of the New York City commercial real estate market. Along those lines, a new report by Real Capital Analytics says 32 … Realty Times – Market Conditions – With more job losses and worries over the economy, the National Association of Realtors is reporting that investment activity in commercial real estate is at a standstill. Lawrence Yun, NAR chief economist, noted, “Although access to … O.C. real estate/finance jobs near 5-year low – Lansner on Real … – 9 Responses to “O.C. real estate/finance jobs near 5-year low”. Bill Says: December 23rd, 2008 at 5:44 am. I bet this will be shock”g”ing news to all the realtors in here! 38100 more homes due to foreclose. NationalBubble.com Says: … REIT Wrecks: The Economics of the Coming Commercial Real Estate … – Both Bloomberg and the Wall Street published stories on Monday warning of increasing trouble in the land of commercial real estate. It’s going to be pretty bad, there’s no doubt about it. But why is it bad and who is it really going to … |
Until next time…..rob