Posted by admin on May 11, 2009 under Uncategorized | 
by Tim Davis
For those of us that aren’t heavily involved in the nuts of bolts of commercial finance, a substantial portion of the US and worldwide bond market consists of ‘commercial mortgage backed securities’, or CMBS. The CMBS market is quite volatile at this time, as so much of that debt will be coming due in the next 12-24 months. We have covered this issue in depth here on Real Estate Jokers – and will continue to do so. We do focus on trying to keep things positive, but on the other hand in order to be successful in any market condition, you need to be up to date on the facts.
Here is Standard & Poors report today on the issue: Read more of this article »
Tags: balloon note, cmbs, commercial real estate, daytona beach, finance, financing, investment, loans, market news, mortgage, ownership, sales
Posted by admin on April 9, 2009 under Good Info - Read It, by Tim Davis |
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 »
Posted by admin on April 8, 2009 under Good Info - Read It, by Tim Davis |
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 »
