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Why real estate lending will remain tight for years

Why real estate lending will remain tight for years

Back to normal? Referring to current mortgage and commercial real estate loan delinquency rates released by the Federal Reserve, Texas Real Estate Center’s Chief Economist, Dr. Mark Dotzour said in a statement, “At the current pace of disposition, it will be many years before the real estate market credit conditions are back to ‘normal.’” Despite improved delinquency rates for loans ...

Tara Steele | 2012/01/30  | 29 Comments Commercial

theBrokerList for commercial real estate professionals

theBrokerList for commercial real estate professionals

Founding a much needed tool Commercial real estate has a small segment of innovators that are pushing for transparency in the industry, some focusing on data, others focusing on listings, and others focusing on connecting brokers. One of the ways theBrokerList founder, Linda Day Harrison is seeking to improve the commercial sector is by streamlining the process of connecting brokers, ...

AGBeat | 2012/01/24  | 35 Comments Business News

New Q&A community founded for commercial real estate

New Q&A community founded for commercial real estate

New commercial real estate community Commercial real estate is one of the most guarded, legacy industries in the nation, with a small segment pushing for transparency and open information that is traditionally behind paywalls and held privately behind closed doors. Pushing to improve the industry through transparency is the freshly launched askCRE, a new Q&A community for commercial real estate, ...

Tara Steele | 2012/01/22  | 31 Comments Commercial

Vizzda launches unbiased commercial real estate information service

Vizzda launches unbiased commercial real estate information service

Young startup Having barely completed their website, fresh startup, Vizzda.com hails from Scottsdale, Arizona and is already poised to disrupt the commercial real estate sector which is dominated by legacy brands. The company says they were founded on the belief that “excellent data drives excellent decisions,” leading to their creating the Vizzda operating system, “a commercial real estate information service ...

Tara Steele | 2012/01/20  | 23 Comments Business News

Bigger Pockets Real Estate Investing Summit & Expo 2012

Colorado Convention Center with metal bear sculpture peering into windows. Photo by Kevin Williams.

Real estate investing conference The company that changed the way real estate investors network, learn, and do business via its website, is announcing it inaugural live conference and trade show. The BiggerPockets Real Estate Investing Summit and Expo will take place at the Colorado Convention Center on March 23-24, 2012. What makes this event unique is the insistence by its ...

AGBeat | 2012/01/17  | 15 Comments Commercial

CompStak crowd sources office lease comparables

CompStak crowd sources office lease comparables

Crowd sourcing lease comparables Crowd sourcing lease comparables site, CompStak was founded by 29 year old Michael Mandel because “commercial real estate information should be available and transparent, and because most commercial real estate technology is from the Flinstones era.” The video above demonstrates the site which is a marketplace for commercial real estate lease deal information currently launched in ...

AGBeat | 2012/01/05  | 11 Comments Commercial

Sears and Kmart to close up to 120 locations

Sears and Kmart to close up to 120 locations

Kmart and Sears closing locations Sears Holdings has reported a drop in holiday sales so severe that their only option is to close 100 to 120 Sears and Kmart stores whose locations have not yet been identified. Currently, Sears Holdings has over 4,000 stores in America. Sales slid 5.2 percent in the two months prior to Christmas Day in stores ...

Tara Steele | 2011/12/28  | 20 Comments Commercial

DotLoop to double staff size, opens new urban offices to accommodate growth

DotLoop to double staff size, opens new urban offices to accommodate growth

DotLoop’s growth forces new office spaces Because of their tremendous growth, online transaction management company, DotLoop has moved to accommodate their growing staff, and has doubled the size of their offices and earned a tax credit to move into Ohio’s historic Longworth Hall which features edgy urban design with 14 foot ceilings, worn floors, exposed brick and exposed ventilation, giving ...

Lani Rosales | 2011/12/09  | 14 Comments Commercial

Multi-family builder sentiment rises for fifth consecutive quarter

Multi-family builder sentiment rises for fifth consecutive quarter

Sentiment on the rise As with new home builders, multi-family builders and developer sentiment is also improving, according to the National Association of Home Builders (NAHB) quarterly Multifamily Production Index (MPI) report. For the fifth consecutive quarter, sentiment in the apartment and condominium housing sector improved. The third quarter of this year is reporting the highest reading since the end ...

Tara Steele | 2011/12/08  | 21 Comments Commercial

Trade association predicts growth in 2012 for commercial real estate sector

Trade association predicts growth in 2012 for commercial real estate sector

Impending recovery? Commercial real estate has been one of the hardest hit sectors since the economy crashed, but according to the National Association of Realtors, there is optimism going into 2012 regardless of the status of Europe’s own crises. Dr. Lawrence Yun, Chief Economist at NAR spoke with Realtor Magazine in the video above to outline the improvements in commercial ...

Tara Steele | 2011/12/08  | 16 Comments Commercial

NAR forecasts slight improvement in commercial real estate sector for 2012

NAR forecasts slight improvement in commercial real estate sector for 2012

Commercial real estate markets expected to grow Real estate is not the healthiest sector for homeowners as they are seeing values fall and many now owe more on their home than it is currently worth, but in this climate, real estate investment veteran Jeff Brown opined here last night that the perfect storm is here for real estate investing, noting ...

Tara Steele | 2011/11/28  | 10 Comments Commercial

CBRE predicts multifamily vacancies will fall while prices rise

CBRE predicts multifamily vacancies will fall while prices rise

Multifamily sector improving Despite the volatility of the multifamily sector, experiencing an 8.3 percent drop in starts in October and a 24.4 percent rise in permits issues (much larger swings than in the single family housing sector), CBRE Econometric Advisors (CBRE-EA) is reporting that the U.S. apartment market has recovered and is in expansion mode. According to Reuters, the firm ...

Tara Steele | 2011/11/21  | 30 Comments Commercial