Why Invest in Daytona Beach Commercial Real Estate Now?

Posted by admin on May 4, 2009 under by Tim Davis, Good Info - Read It | Be the First to Comment

investing-in-real-estate-225x300

by Tim Davis

So you own a television and a computer – and every time you turn one or both of them on, they instantly spew forth ideas that you should sit tight and keep leasing space for your business. Vacancy rates are on the rise, rents are dropping, banks are foreclosing on properties, distress sales are on the rise still, etc, etc. Well maybe your computer doesn’t “spew” this info – but your fax machine probably does.

The basic point is in order to by in business, you have to have space to conduct that business.  Like it or not, you unless you are drop shipping infant toys you sell on ebay, you most likely need a traditional space to operate your business. This could be an office, a retail store, or a manufacturing or industrial space for your going concern. Rent is expensive, possibly the most expensive piece of your overhead after labor and of course the cost of goods sold. While there are no guarantees and I certainly have no crystal ball here in my office, There is a good chance of you being able to recapture Read more of this article »

Bookmark and Share

The Mortgage Crisis May Have a Second Act?

Posted by admin on May 1, 2009 under by Tim Davis, Good Info - Read It | Be the First to Comment

matsonby Tim Davis

As we all know, unlike residential mortgages, commercial paper is ammortized over a longer period of 20-30 years, but they have terms or balloon payment dates. Most popular commercial loans are for 5 year terms. If you calculate backwards and figure when the commercial market was at its peak, from mid-2006 to mid-2007, those notes will be coming due in 2010-2011.

It is foreseeable that the financing in place on that commercial property will be difficult to renew, Read more of this article »

Bookmark and Share

The Long Awaited Crane Cams Auction Begins as Scheduled Today

Posted by admin on April 22, 2009 under by Tim Davis, Good Info - Read It | Read the First Comment

100_2774

by Tim Davis


Finally, after much to-do the liquidation of the Crane Cams property in underway – just two hours ago the intellectual property rights were sold at auction for $1.2 million. Read more of this article »

Bookmark and Share

Banks Non-renewing? Fine- Foreclose on my Current Loan Then!

Posted by admin on under by Tim Davis, Good Info - Read It | Be the First to Comment

by Bill Davis

General Contractor of Industrial Pre-Engineered Buildings

“Surviving the current economy – An Analysis of bank lending practices of 1979-1983 “

Investment Alert! Warning bells were going off and a sense of déjà vu when I received my second phone call from a commercial real estate investor having problems renewing his commercial loan. Read more of this article »

Bookmark and Share

Is This the Bottom of the Daytona Beach Commercial Market?

Posted by admin on April 9, 2009 under by Tim Davis, Good Info - Read It | Be the First to Comment

1398779bin

by Tim Davis

Someone asked me today if I thought this was the bottom of the market. The tone in which he asked me reminded me of a story from my youth:

Once a regular customer of my father’s building supply store posed him the question, “Hey, what can you sell me here real cheap that I could take to the flea market on the weekend to sell and make some money on?” Read more of this article »

Bookmark and Share

Long Term Vacancy leading to Great Leasing Incentives

Posted by admin on April 8, 2009 under by Tim Davis, Good Info - Read It | Be the First to Comment

south_635x480

By Tim Davis

The prolonged slump in the commercial real estate market is leading to some fantastic deals to be had on existing buildings with extended periods of vacancy. Several examples of buildings in the area that are now being offered at radically reduced base rents… Read more of this article »

Bookmark and Share

Tripe Net Leasing – What does it all Mean to you?

Posted by admin on under by Tim Davis, Good Info - Read It | Be the First to Comment

nnn


What Does Triple Net Lease Mean?

A lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires… Read more of this article »

Bookmark and Share

140,000 SF Daytona Industrial Space – Vacant? Maybe not…

Posted by admin on April 7, 2009 under by Tim Davis, Good Info - Read It | 2 Comments to Read


DAYTONA BEACH, FL - The on again / off again story of Crane Cams demise continues – Since the closure in February, many have speculated that Crane Cams would restructure and reopen, Then on March 22 it was announced that a company called LiquiTec Industries Inc. had been engaged to liquidate the assets of Crane Cams Inc, with a news release reading… Read more of this article »

Bookmark and Share
Powered by Front Line Industry