Posted by Amitesh Kumar
Market Updates, San Diego
Wednesday, June 30th, 2010

Few years ago, commercial real estate brokers expected that a foreclosure flood will hit in the commercial property sector, but it is yet to arrive. In the circumstances, at least in Southern California, the first major commercial foreclosure of 2010 in San Diego County did not happen until late June – according to Cushman & [...]
Posted by Arnold Balthazaar
Economic Updates
Monday, June 28th, 2010
Many investors will be uneasy to realize that buildings and other structures on property will only depreciate with time. Much like the investment of a brand new motor vehicle, as soon as the new product is ready for consumption its value immediately plummets. Indeed, with commercial property its mere exposure to the elements will be [...]
Posted by Amitesh Kumar
Dallas, Texas
Friday, June 25th, 2010

News reports of commercial foreclosures are increasingly hitting the media in Texas State, particularly in Dallas and Austin metropolitan areas. The following are the latest updates. Office Building at Las Colinas sold out of foreclosure: An office complex building has been purchased out of foreclosure, wherein it is proposed to house a computer-training firm in [...]
Posted by Arnold Balthazaar
Economic Updates
Wednesday, June 23rd, 2010
The theory of a ‘flight to quality’ has been haunting the pages of economic text books since before Warren Buffet was a toddler, and it is now a well accepted routine reaction that markets display toward less than titillating news. Despite the US recessionary fears of 2008 that were said to lead the global recession, [...]
Posted by Amitesh Kumar
Dallas
Monday, June 21st, 2010

On an analysis of the commercial foreclosures in Denton County, as per data released by Foreclosure Listing Service Inc., there is upward trend but experts in the field have found reasons for this and expressed hope that the future market will increase for the good. During the first half-year of 2010 taken for scrutiny by [...]
Posted by Arnold Balthazaar
Economic Updates, Financial Institutions, Government
Wednesday, June 16th, 2010
While the precise measures for regulation are still being debated, one of the foremost considerations in the United States appears to be the participation of banks in the interests of hedge funds and private equity consortiums. Clearly outside the traditional activity of a bank, these devices offer commercial banks the opportunity to generate revenue and [...]
Posted by Amitesh Kumar
Austin, Texas
Monday, June 14th, 2010

According to latest news reports appearing in San Marcos Daily Record, commercial property foreclosure listings have mushroomed in Travis, Hays, Bastrop and Williamson counties during the first six months this year, as per tracking Austin Metro by Foreclosure Listing Service (FLS) – an Addison-based firm. The figures go to show that Hays County commercial foreclosures [...]
Posted by Amitesh Kumar
Dallas, Hotels
Friday, June 11th, 2010

Commercial foreclosures of properties involving millions of US dollars in each transaction are being reported almost daily from various quarters. Oftentimes one hears news of commercial foreclosures from big hotels, office complexes and apartment complexes on a regular basis. Resorts and Clubs where people go on a spending spree in enjoying leisure and holidays have [...]
Posted by Arnold Balthazaar
Financial Institutions, Government
Wednesday, June 9th, 2010
The past three years has seen the global economy suffer a greater credit crisis than in the Florentine markets of the 12th Century. Certainly the capital markets are still the supreme bastion of wealth in a developed world economy, however in recent times wealth has changed hands from cyclical private wealth investors to others. Circumstances [...]
Posted by Amitesh Kumar
Austin, Office Buildings
Monday, June 7th, 2010

Commercial property foreclosures are spreading to high-end areas in Austin. From the posh University Park area, the mortgage lenders – U.S. Bank and Texas Capital Bank – have jointly filed a foreclosure petition on the former Concordia University campus for the June foreclosure auction. The promoters of this office building, East Avenue Holdings LP, owe [...]