commercial-real

Distressed Sales Volume Remains at Elevated Levels Despite Big Boost in Non-Distressed Sales in Recovering Economy

March 15, 2012

Costar… Distressed trading volume has stabilized but continues to remain at elevated levels, increasing by approximately 2% last year over 2010. However, a surge in non-distressed property trading driven by improving economic conditions has begun to mitigate its impact on commercial real estate pricing levels overall. According to CoStar Group data, the volume of distressed transactions in December 2011 remained well above the average monthly volume for… See the original post here: Distressed Sales Volume Remains at Elevated Levels Despite Big Boost in Non-Distressed Sales in Recovering Economy Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Plenty of Recession Damage Still Left To Undo

March 15, 2012

Costar… The commercial real estate rubble still left over from the Great Recession continues to exact a punishing toll on property values and owners’ and lenders’ books. In this statistical state analysis, CoStar Group has identified 168,580 office, flex, industrial and retail properties in its national property database with a vacancy rate of 60% or more. The number of properties by type at this level of vacancy distress is as follows: Retail: 67,525… Go here to see the original: Plenty of Recession Damage Still Left To Undo Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Auction Sales Keep Going, Going, Going Up

March 15, 2012

Costar… One of the clear winners so far in the post Great Recession market are commercial real estate auctioneers. The dollar volume of CRE properties sold via auction jumped 33% from 2010 through 2011. Auction sales, excluding non-arms length foreclosures, jumped from $2.52 billion in 2010 to $3.35 billion, according to data from CoStar COMPs. It should be noted that these numbers may under-report the amount and volume of auction-based sales activity… Link: Auction Sales Keep Going, Going, Going Up Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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U.S. Mint HQ Fetches $147.5 Million

March 2, 2012

Costar… NSP Ventures Corp. purchased the U.S. Mint headquarters building at 801 Ninth St. NW in Washington, DC, from Wereldhave USA Inc., a commercial real estate investment firm based in the Netherlands, for $147.5 million, or approximately $624 per square foot. The eight-story, 236,054-square-foot office property is one block away from Gallery Place Metro Station and is next to the 1.9 million-square-foot mixed-use CityCenterDC development. Stanley… See original here: U.S. Mint HQ Fetches $147.5 Million Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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LoopNet’s iPad/iPhone App for Enterprise Solution Customer – The Shopping Center Group – Wins 2011 "Digie" Award at …

June 16, 2011

LoopNet, Inc. , a leading provider of commercial real estate marketing, technology and information services and operator of the most heavily trafficked commercial real estate marketplace, today announced that LoopNet enterprise client The Shopping Center Group , one of the country’s leading retail real estate advisory companies, has been honored with a 2011 “Digie” award for its private label … Continue reading here: LoopNet’s iPad/iPhone App for Enterprise Solution Customer – The Shopping Center Group – Wins 2011 “Digie” Award at …

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7marketSpot » Japan CMBS: How did the earthquake affect its …

June 5, 2011

Japan CMBS : How did the earthquake affect its recovery? 3 JUNE 2011. » Japanese commercial real estate transactions have shown signs of a recovery though this recently took a pause with the March earthquake. … View post: 7marketSpot »

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CMBS issuance to top $40 billion in 2011 « HousingWire — Industry …

June 5, 2011

The economic fundamentals influencing the return to a robust trading market in commercial real estate are improving quickly, and that is going to push the level of asset trades to a new post-recession high, up near 60% in 2011 … … Bank of America Merrill Lynch analysts recently said with the sharp drop in inflation expectations, the firm believes CMBS subordinate bonds issued under the Term Asset-Backed Securities Loan Facility, or TALF, are positioned to … …

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‘Rational Rent Relief’ Commercial Landlords, Lenders and Tenants …

June 5, 2011

“Rational Rent Relief” and its unique and comprehensive approach to today’s commercial real estate crisis will deliver better results for all, and most importantly to the small business tenant. …

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7marketSpot » Japan CMBS: How did the earthquake affect its recovery?

June 5, 2011

Japan CMBS : How did the earthquake affect its recovery? 3 JUNE 2011. » Japanese commercial real estate transactions have shown signs of a recovery though this recently took a pause with the March earthquake. …

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Commercial Real Estate Slowly Turning Around « Washington Bank …

June 5, 2011

Sales and leasing volumes in commercial real estate have turned a corner and are heading up, but because the past few years have been so difficult, the upturn barely feels like one. … That's a bit surprising, because the big-four national banks — Wells Fargo, Citibank, Chase, and Bank of America — are in a far better position to make loans. Not only are they sitting on piles of money, but because they've grown to the point where they're too big to fail, …

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Some Banks Open the Spigot For Commercial Real-Estate | Heyliger …

June 5, 2011

Bank of America Corp., the nation's largest bank by assets, cut its commercial real – estate exposure to $42.8 billion in the first quarter, down 26% from a year earlier. Other banks shedding such assets include Huntington …

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Commercial Real Estate Slowly Turning Around | Commercial Real …

June 5, 2011

Related Topics. Bank of America Wells Fargo Retail New York Mortgage Commercial Real Estate Los Angeles Subscribe to Realty&Investments. The latest home or commercial real estate news Sample …

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Bank of America Earns $2.0 Billion in First Quarter

June 5, 2011

Combined with the large corporate group, the company made $69 billion in non- commercial real estate loans and $7 billion in commercial real estate loans including renewals in the first quarter of 2011. Bank of America …

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Bank of America Steps Up Green Initiatives | Green Harbor

June 5, 2011

The bank wants to reduce current greenhouse gas emissions by 15% throughout the entire company as well as make 20% of its entire commercial real estate properties LEED certified. Lastly, the bank has set aside $55 …

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Community Bank Has Closed Its Acquisition of and Merger With First …

June 5, 2011

Tuesday May 31, 2011 Community Bank & Company today announced that it has closed its acquisition of and merger with First Community Bank of America . The combined institution has 17 branches in Pinellas, Hillsborough, Manatee, Pasco and Charlotte counties serving thousands … Business and commercial real estate loans of up to $15 million to help local businesses grow • Small Business Administration loans of up to $5 million – Community Bank is a Preferred …

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OMEGA Commercial Real Estate Blog (610) 616-4604: Bank of America …

June 5, 2011

Joe O'Donnell: Norristown, PA, United States: Joe O'Donnell has been in commercial real estate for over 8 years. His expertise is the corporate tenant/buyer representation as well as landlord for office, industrial and …

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Kennedy Wilson Acquires Bank of Ireland Real Estate Investment …

June 5, 2011

Wilson (NYSE:KW – News) today announced the acquisition of Bank of. Ireland Real Estate Investment Management (BOI REIM), a business that manages commercial real estate on behalf of Bank of Ireland clients. …

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Boston Real Estate For Sale | Archstone Owners To Make IPO Or Sale …

June 5, 2011

According to sources familiar with the situation, Lehman Brothers Holdings Inc , Bank of America Corp and Barclays Plc started recently to consider alternatives for Archstone, including an outright sale, selling it in pieces by … During those months as Archstone urged shareholders to approve the transaction, the US commercial real estate market was actually faltering. The credit crisis pulled Lehman into bankruptcy a year later and a bankruptcy examiner …

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Commercial Real Estate Lending Criteria « Capital Retail Group

June 5, 2011

However, the ongoing challenge is finding lenders willing to make reasonable term loans. Before any commercial real estate contract is considered, savvy buyers crunch the numbers multiple ways but also understand the …

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Commercial Real Estate Lenders

June 5, 2011

Things You Need To Know About Commercial Real Estate Lenders If you have a business and wanted to secure a loan from commercial real estate lenders in order to finance the purchase of a commercial property, then it might …

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