Commercial
Real Estate: Trouble for commercial real estate until 2011
(MERCURY NEWS) - Since commercial real estate almost always lags behind residential, even as the economy slowly recovers, this sector is now feeling the pain. The National Association of Realtors reports currently commercial vacancy rates remain high in most market areas and are depressing rents.
“Because of the lingering impact from [...]
A plan to save commercial real estate
(CNN MONEY) - Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.
But a little-noticed bill introduced in January could help bring a [...]
Apollo Commercial Real Estate Finance, Inc. to Present at Citi 2010 Financial Services Conference
(MARKETWIRE) - Apollo Commercial Real Estate Finance, Inc. announced today that it will be presenting an overview of the Company followed by a question and answer period at the Citi 2010 Financial Services Conference in New York City at The Waldorf Astoria. The presentation is scheduled for Wednesday, March 10, 2010 at 2 p.m. Eastern [...]
NAR: No Meaningful Recovery in Commercial Real Estate Before 2011
(HUNTINGTON NEWS) - There may be signs — however slight — of recovery in the overall economy but commercial real estate, judging by the fourth quarter 2009 results, won’t start picking up until 2011, according to the National Association of Realtors (NAR).
NAR chief economist Lawrence Yun said commercial real [...]
Commercial Real Estate Values Spike In December
(NUWIRE INVESTOR) - US commercial real estate prices increased for the second month in a row in December, rising 4.1%, but the sector continues to face several challenges, such as the rising tide of defaults and subsequent foreclosures, according to a new report.
The Commercial Property Price Index from Moody’s Investors Service/Real [...]
Choyce Peterson Establishes Blog with Commercial Real Estate Advice
Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage and consulting firm, today announced it has established a blog, “Space Is Money,” with commercial real estate advice for corporate executives.
Stamford, CT (PRWEB) February 26, 2010 — Choyce Peterson, Inc. (http://www.choycepeterson.com), a commercial real estate brokerage and consulting firm, today announced it has established a [...]
Increase In Commercial Property Values May Signal That The Worst Is Over
(NuWIRE INVESTOR) - US commercial real estate prices as measured by Moody’s Investors Service/Real Estate Analytics, Commercial Property Price Indices (CPPI) increased for the second month in a row in December, rising 4.1%, as the commercial real estate (CRE) market continues to face several challenges, such as the rising tide of [...]
Bank to take prime commercial property in Beverly Hills
(LA TIMES) - Jet-setting British developers are set to lose their prized real estate on a prime stretch of Wilshire Boulevard in Beverly Hills on Friday as a bank controlled by Mexican billionaire Carlos Slim completes a foreclosure.
The property slipping away from brothers Nicholas and Christian Candy is the site of [...]
The worst is yet to come
(MarketWatch) — Over the next few years, a wave of commercial real estate loan failures could threaten America’s already-weakened financial system.
So warns a new report from the Congressional Oversight Panel as part of its oversight of the Troubled Asset Relief Program, highlighting yet one more hurdle for this country’s fragile economy.
The [...]
Dallas-Fort Worth commercial property foreclosures surge
(DALLAS NEWS) - Foreclosure postings for several high-profile North Texas properties caused commercial real estate loan default filings to surge this month.
The properties scheduled for forced sale by lenders at next month’s foreclosure auctions in Dallas-Fort Worth represent a total of more than $900 million in debt.
About 250 properties, including [...]
