COMMERCIAL ISSUES
| COMMERCIAL ISSUES |
| Some Encouraging News |
| Commercial real estate owners got some encouraging news last week. Economic reports showed promising signs, and the FDIC made clear how it is looking at commercial real estate loans sitting on the books of banks. Their 33-page policy statement is aimed at easing concerns over souring commercial real estate loans sitting on banks' books. The best news may be for borrowers and banks struggling with a matured loan in which the borrower is strong and the collateral has sustained a loss in value or tenants, but there's good and sufficient cash flow to cover debt service. In that case, the FDIC allows the bank to continue to carry the debt without a negative classification, even though the loan-to-value could be more than 100 percent. Read more... http://www.realtor.org/narlservredirect.nsf/pages/NT0000150E?OpenDocument&WT.mc_id=LS111109&CAT=Comm |
| The Good, the Bad and the Ugly |
| At least there is some good! Hear what Lawrence Yun, NAR's chief economist predicts for Com RE in 20110 when he speaks at the NAR Annual Conference on Nov. 13 at 12:30 p.m. His topic is Economic Issues & Commercial Real Estate Business Trends. Topics will range from vacancy rates, cap rates, transaction volume and defaults to the economic back drop and high budget d! eficit.& nbsp;Read more... http://www.realtor.org/educsess.nsf/PagesLUNew/Confgov09AWIR-5WNMAX?OpenDocument&WT.mc_id=LS111109&CAT=Comm |
| REALTORS® Commercial Alliance Red Carpet Reception |
| Don't miss the gala reception for commercial practitioners on Nov 14 during the NAR Conference and Expo in San Diego. Starting at 6:30 p.m., enjoy a full arrary of hors d'oeuvres, signature cocktails and a great chance to connect with colleagues from around the country. This free event for commercial members will be held at Sally's Seafood on the Water in the Manchester Grand Hyatt. Read more... http://www.realtor.org/educsess.nsf/PagesLUNew/09accomrecpt?OpenDocument&WT.mc_id=LS111109&CAT=Comm |
