After the meltdown that so the US economy grind to a halt, it hardly seems likely that Tinsel Town would be first to sport a recovery in commercial real estate. However, give the dramatic markdowns of bank owned property and the prevalence of commercial shorts sales in Las Vegas, it may be time to begin [...]
Downtown Austin, popularly known as the business district, is showing signs of re-developing with new constructions, after a concern-causing lull over raising up commercial properties for years, due to foreclosure dilemma. News is a sixteen-story, 88,000 square-feet office tower is being planned for construction for the 900 block of Congress Avenue – a site currently [...]
Sale of lots for multimillion projects of apartment complexes, as well as high-end properties located in water-front areas of Old Naples are picking up briskly, as project developers are beaming. It is a new trend for Old Naples, after a lull during last year. Naples hotelier and project developer Phil McCabe says “it’s an amazing [...]
While I may be true that the economy has turned the corner into a bout of recovery toward economic growth, the losses of the past 3 years cannot be recouped overnight and for many, the lingering effects of the recession is still all too real. To maintain a mortgage this far until the economy [...]
Among the diverse investments that are available in the commercial property market, the storage unit is arguably the most affordable of all. However, before investors flock to take up vast tracts of storage unit space, it should be known that this is as idiosyncratic a property niche as any. Storage units are typically not utilized [...]
When some lenders have been saddled with the decision between a hotel loan that has become distressed and the option of trying to invest more in order to keep the hotel open, it is becoming increasingly more popular to sell the loan to third party investors instead of entering foreclosure. This information comes from the [...]
Traditionally, the economic health of a society is measured by its gross domestic product (GDP), however when a recession needs to be defined the subject is far more fluid. Some contend that two consecutive quarters of negative growth in GDP reflect recession, but in more recent years economists have turned to an amalgam of indicators [...]
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