We're nowhere close to melt-down, but billions in dollars of liquidity has disappeared from world markets in recent weeks.
The DOW in the U.S. is down some 300 points daily, the past three days. That doesn't include what is happening in overseas markets in Europe and Asia.
Already there is movement of non-performing assets to investment real estate.
Thursday, February 11, 2016
Wednesday, February 10, 2016
U.S. House Unanimously Passes Condo Bill
Smaller real estate investors who like the housing market -- rentals -- often look to purchase blocks of condominiums, or even single units, as part of their portfolio plan. Many of these acquisitions are all cash, but sometimes lenders are involved in these smaller transactions.
As such, there is looming good news for these investors. The House of Representatives passed, "Housing Opportunities through Modernization Act” with a unanimous vote of 427-0. This legislation sponsored by Reps. Luetkemeyer (R-MO) and Cleaver (D-MO) includes three major provisions:
Stay tuned.
As such, there is looming good news for these investors. The House of Representatives passed, "Housing Opportunities through Modernization Act” with a unanimous vote of 427-0. This legislation sponsored by Reps. Luetkemeyer (R-MO) and Cleaver (D-MO) includes three major provisions:
-
The legislation solves a number of concerns regarding FHA’s condo rules:
- Reduces owner occupancy ratio to 35%.
- Directs FHA to streamline condo certification process.
- Provides more flexibility for mixed use buildings.
- Mirrors FHFA rules regarding private transfer fees
- The legislation provides permanent authority for direct endorsement for approved lenders to approve Rural Housing Service loans.
- The legislation makes reforms to federally assisted rental housing programs to streamline the program.
Stay tuned.
Wednesday, February 3, 2016
SVN: 2016 CRE Outlook
SVN President Kevin Maggiacomo has taken a look into his crystal ball, and come up with some pretty solid CRE trend predictions for 2016.
Here is Kevin's take on the state of CRE this year.
Here is Kevin's take on the state of CRE this year.
Sunday, January 3, 2016
Friday, November 20, 2015
5 U.S. Streets Where Retail Rents Have Shown The Most Growth
A very interesting read on retail grown in the United States, and the boulevards where consumers flock, retailers thrive, and rents are driven higher and higher.
Worth a look.
Worth a look.
Tuesday, August 25, 2015
CRE Trends As We Begin To Wind Down 2015
2015 has been a banner year for commercial/investment real estate, with gains in sales over previous years.
Various markets worked themselves out of the Great Recession, and investors finally shook off their doubts about the still lackluster economy and plowed forward. With this move forward there seem to be four trends emerging that are worth watching:
1) Increased global investment in the U.S. market --
No surprise here. The United States is still a pretty safe place to invest. While prices are on the way up, depressed values attracted international buyers to all market segments. The Wall Street Journal predicts that the commercial real estate environment will continue to see increased global investments into US markets, thus propelling the strength of the US commercial real estate market. Very cool.
2) Increasingly competitive markets
Unlike decades past, urban cores are growing. Investors are funding new projects. Business owners have far more options regarding new vs. older properties. Being this selective, owners are being forced to provide high efficiency and increased effectiveness. Increased markets means savvy lessors can excel by providing specialized assistance to clients and by meeting more specific requests of an increasingly eclectic clientele.
3) Urban divisions
Many millennials prefer housing that is located in developing urban core, including new, recently gentrified pockets. As such, demand for quality multifamily is skyrocketing in previously decaying urban areas. Gone are the days of focusing on an inner core of a community and having to branch from the outside in. Urban "pockets" are popping up everywhere, and are able to provide increased space for a far more eclectic clientele.
4) Retail bifurcation
Even in non-urban areas, an increase in bifurcation is continuing to build. Seeing retail shops of varying levels in the same area is becoming more prevalent and will only continue to be the norm. Filling spaces with high-end retail establishments paired with middle and lower end ones is becoming much more common and preferred. Property managers who keep this in mind will be able to keep spaces filled to capacity more quickly and consistently.
******
CRE is hot right now in most markets of the U.S. For an analysis of your market, and strategies to get you where you want to be via commercial/investment real estate investments, drop me a line!
Various markets worked themselves out of the Great Recession, and investors finally shook off their doubts about the still lackluster economy and plowed forward. With this move forward there seem to be four trends emerging that are worth watching:
1) Increased global investment in the U.S. market --
No surprise here. The United States is still a pretty safe place to invest. While prices are on the way up, depressed values attracted international buyers to all market segments. The Wall Street Journal predicts that the commercial real estate environment will continue to see increased global investments into US markets, thus propelling the strength of the US commercial real estate market. Very cool.
2) Increasingly competitive markets
Unlike decades past, urban cores are growing. Investors are funding new projects. Business owners have far more options regarding new vs. older properties. Being this selective, owners are being forced to provide high efficiency and increased effectiveness. Increased markets means savvy lessors can excel by providing specialized assistance to clients and by meeting more specific requests of an increasingly eclectic clientele.
3) Urban divisions
Many millennials prefer housing that is located in developing urban core, including new, recently gentrified pockets. As such, demand for quality multifamily is skyrocketing in previously decaying urban areas. Gone are the days of focusing on an inner core of a community and having to branch from the outside in. Urban "pockets" are popping up everywhere, and are able to provide increased space for a far more eclectic clientele.
4) Retail bifurcation
Even in non-urban areas, an increase in bifurcation is continuing to build. Seeing retail shops of varying levels in the same area is becoming more prevalent and will only continue to be the norm. Filling spaces with high-end retail establishments paired with middle and lower end ones is becoming much more common and preferred. Property managers who keep this in mind will be able to keep spaces filled to capacity more quickly and consistently.
******
CRE is hot right now in most markets of the U.S. For an analysis of your market, and strategies to get you where you want to be via commercial/investment real estate investments, drop me a line!
Tuesday, August 4, 2015
A friend is selling her Parker Colorado Home -- 10752 Pikeview Lane
If you've ever dreamed of a home with mountain views in Colorado, this is definitely the place for you!
A friend is selling her executive home in Parker, Colorado. Four bedrooms, plus much much more. Incredible mountain views, beautifully landscaped yard.
Her selling agent called her a "Realtors' dream" since the place is immaculate and ready to go.
Check it out!
Close to Denver, close to the mountains and incredible skiing. The place to be for fun and a life in the U.S. mountain west.
A friend is selling her executive home in Parker, Colorado. Four bedrooms, plus much much more. Incredible mountain views, beautifully landscaped yard.
Her selling agent called her a "Realtors' dream" since the place is immaculate and ready to go.
Check it out!
Close to Denver, close to the mountains and incredible skiing. The place to be for fun and a life in the U.S. mountain west.
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