Posted by admin on May 11, 2009 under Good Info - Read It | 
This news release surfaced today – it seems that Capmark Financial has secured a loan from private sources in the sum of $1.5 billion. CapMark is an investment firm that specializes in CMBS (commercial mortgage backed securities). They currently have a portfolio of investments are beginning to come due in 3Q and 4Q 2009. This loan will stabilize their portfolio of investments for at least 10 months at worst, depending on terms and conditions set forth the the loan documents.
To me, this is a great sign that some of this commercial debt is attractive to large investment banks – and that they are willing to put some of their cash on the street and at risk for the next 12-18 months.
Full News Release: Read more of this article »
Tags: cmbs, commercial real estate, daytona beach, finance, financing, invest, investment, loan, market news, mortgage, office space, Rent, warehouse space
Posted by admin on May 4, 2009 under Good Info - Read It, by Tim Davis |
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 »
