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The CMBS market is paralyzed and the CMBX says prices will fall 23 percent over the next three years. There are a lot of interest only commercial real estate mortgages in CMBS portfolios and many will begin amortizing this year. If a recession is upon us and those borrowers can’t meet their debt service requirements under the new amortization – it seems to me we have a repeat of what is happening in the subprime universe.
I am a recent college graduate who has a passion for commercial real estate and wants to become a broker. Anyway I have an offer from a smaller firm (14 agents) and am wondering if I should try to find a larger firm? Does the size of the firm make a big difference when starting out? Also should I make sure that the firm I choose does leasing as well as sales because of the current low sales volume?
Treasury Two-Year Yield Drops to Record Low on U.S. Jobs, China Growth
Treasuries rallied, pushing the two- year note yield to an all-time low, as U.S. companies added fewer jobs in June than economists forecast and China’s manufacturing growth slowed.
Read more on Bloomberg
India hikes interest rates by 25 basis points
India’s central bank on Friday hiked two key short-term interest rates by 25 basis points in a bid to tame double-digit inflation.
Read more on AFP via Yahoo! News
Duke Says Return to Pre-Crisis Lending May Take Years
Federal Reserve Governor Elizabeth Duke said that while an improving U.S. economy will help reverse a decline in credit, it may take several years for lending to return to pre-crisis levels.
Read more on BusinessWeek
RBI raises short-term rates to contain inflation
Reserve Bank of India on Friday raised short-term lending and borrowing rates.
Read more on rediff.com
The Real estate in Noida city is going to touch the height of sky due to shifting of so many people from other parts of the country and off course NOIDA stands for New Okhla Industrial Development Authority is one of the famous and biggest cities in Delhi/NCR. It is the modern and most developed district of Uttar Pradesh. Noida became famous in last few years. The city is continuously changing its structure and emerging as a developed city in National Capital Region.
from Delhi too, to this city. Noida is preferred specially by the IT people as so many MNCs are situated here and the employees who are working in those MNCs wants to reside near to their office. Noida is a perfect place for those who like to live in a city having less amount of rush and good modernity.
Taking decision to purchase Noida property could be a good decision for any individual. Its infrastructure always attracts the people to stay here. With 4-way connectivity to Delhi via DND flyway, Ghazipur, Nizamuddin and Sarita Vihar through ITO, Noida tops the popularity polls, ahead of other NCR areas i.e. Faridabad, Ghaziabad and Gurgaon. Noida is specially preferred by the working IT professionals who are working in MNCs situated at Noida. This city also contains lots of good Bungalows available for sale and residential flats on rent. One can also establish his office by selecting a nice area which will be best suited for his business.
Aware of the area’s immense potential, builders are busy constructing high-end apartments. They are gung-ho, confirming the value of real estate in this area will only appreciate allowing a recouping of expenses and the making immense profits. With the Metro slated to connect Delhi and Noida by 2009, real estate will keep on doing well.
As the metro work has also started in Noida it will give better traveling facilities to Noida people by using which they can reach to their destinations in few minutes rather than wasting their lots of hour by getting stuck in Traffic jams. Metro will not only make their life easy, but will also save lots of their time to which they can utilize with their families and friends.
Noida boasts a huge demand for residential house, in addition to massive
Commercial space on rent or sale.
With the announcement of first e-home concept called Gardenia E-Homes at Greater Noida by Real Estate developer Design Arch, attempts are made to develop the city keeping minimum pollution level in mind. The project will focus on energy saving, water saving, better indoor air quality and hygienic conditions.
Data revealed that 35.66%area of Noida is being developed as a residential area. With affordable prices of the property and various financial schemes offered by builders and the construction companies, one can easily own or rent a property in Noida. Along with development, a continuous attempt is being made to keep the city neat and clean with a slogan of “Green Noida Clean Noida”.
With around 15-20% transactions in the first quarter of 2009-10 and witnessing the heaviest population influx makes Noida real estate the hottest market. Well established sectors like sector 44 and sector 50 offering a number of buying options in residential property in Noida became one of the prime investment destinations. Adding to the value of the city is the Metro Rail Network coming up and greater connectivity with Delhi because of Greater Noida Expressway. Metro train, Taj Express Highway, Greater Noida Highway, growing BPO/IT industry and a number of other infrastructural developments is drawing the attention of the builders.
With the constant rise in population, the demand for better homes has risen considerably in North India. With most of the major cities becoming extremely populated, people have started moving to new and emerging townships which are organized and planned in a much better manner by making use of the latest architectural designs and techniques. One such emerging township is Noida which is situated in NCR and is a preferred destination among people who are looking forward to purchase or rent a house in Noida.
As Noida is a relatively new and emerging township which is immensely preferred by young, working professionals who are employed in multinational companies in the NCR, most of the townships, plots and apartments are built over a large plot thus, giving the entire city a luxurious and quality appeal.o
manav arora is big dealer ,he has a own site for this work www.allrentdeals.com
REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!
Read more on St. Petersburg Times
The Conundrum of Commercial Real Estate Stocks: In a CRE “Near Depression”, Why Are REIT Shares Still So High and …
Many people have asked me how SRS and REITs share prices can defy gravity the way they have given the abysmal state of commercial real estate (CRE). Well my opinion is that the equity and the debt markets have allowed agent and principal manipulation to the extent that it materially distorts and interferes with the market pricing mechanism. Put more simply, its the result of widespread fraud …
Read more on Zero Hedge
Commercial real estate in uphill battle
Hobbled by the economic downturn, commercial realty insiders shared war stories Wednesday, among them the recent announcement that the Simi Valley Town Center is for sale.
Read more on Ventura County Star
SEC Sues Utah Man For $145 Million Real Estate Investing Fraud
The Securities and Exchange Commission sued a Utah man for falsely telling customers their $145 million would be invested in commercial real estate while instead directing funds to other ventures, including a sandwich- in-a-can business.
Read more on BusinessWeek
We usually do not pay for the typical commercial mortgage broker business to work in commercial construction loans or residential subdivision construction loans. Here’s why:
With the possible exception of the apartments, the U.S. is awash with additional buildings. Homebuilders are sitting on hundreds of thousands of houses unsold. The vacancy rate nationally for office buildings is close to 20%. Retailers are getting clobbered in the current recession, so that the vacancy rate for retail space is skyrocketing. Occupancy rates of hotels are plummeting. The simple fact is that the U.S. does not really need a lot of new buildings.
Even when the economy was strong, the typical mortgage broker business rarely went to work at any decent construction business loans.
The reason is because banks make a ton of money if you do a good construction loan. It has always been easy for skilled developers simply go to a local bank and obtain a construction loan.
As a result, only the developers never unconditional called commercial mortgage brokers to find a construction loan.
A developer can be unconditional because it had very little experience in construction.
Most of the time a developer would be unconditional because it could not contribute 20% of the total project cost in cash or equity in their land.
As a commercial mortgage broker, is that 95% of its lack of commercial construction loan applicants is required for 20% of the equity.
As a result of the subprime and banking crisis, banks are now often requires that developers contribute 30% to 35% of the total project cost in cash.
Very few brokers mortgage business is a promoter who can contribute 30% to 35% of the total project cost.
And if a developer was rich enough to contribute 30% to 35% of the total project cost in cash, you can bet it has tons of contacts directly with banks. He does not need you.
Therefore, if you want to feed your family, do not waste time working on commercial or residential construction loans subdivision construction loans now (if ever).
Does this mean that there is absolutely no construction of commercial mortgage loans that make sense? It does not address that still makes sense today in the market are small business loans for the construction, the owner of users of SBA lenders, usually under the 504 Program. Can be applied to dozens of SBA 504 lenders by building http://www.pro-bargainhunter.com
Wade and IMM Commercial mortgage financing Group provide business opportunity commercial mortgage loan – business loan advice and publish IMM Commercial Real Estate Investment Property Financing Reports by Bargain Trader.
Gujarat has recently experienced tremendous growth in different sectors including real estate. Rapid industrialization of the state has assisted development of various properties in different cities.
The demand for commercial realty and office buildings in Gujarat is increasing by leaps and bounds. Major cities like Ahmedabad, Gandhinagar, Vadodara, Surat, Rajkot etc. are witnessing all-round growth in the property market.
Reasonable land prices, skilled workforce and supporting infrastructure have led to all sorts of construction activities including commercial buildings in Gujarat.
Pacifica is a leading property development company involved in the development of high quality real estate projects such as IT parks, townships, hotel and residential, commercial properties in Gujarat andthroughout India.
Many special economic zones (SEZs) have been planned in and around Ahmedabad and Gandhinagar due to the development of small and medium enterprises involving IT/BPO companies and various other segments.
Most of the business and trade parks are situated outside the urban limits of the city; resulting in advantages such as lower lease rates, inexpensive parking and affordable office space. Currently, office premises in Gujarat especially in IT parks offer facilities like workspace, internet, telecom and basic infrastructure of global standards.
Also, business centres at prominent commercial locations in major cities of Gujarat have incorporated the concept of ready to work units in new office buildings in Ahmedabad with ultramodern amenities at competitive prices.
The government is consistently providing various incentives and better infrastructure to attract investment from all major industries. Hence, Gujarat is still one of the favorite destinations for real estate investment in India.
Pacifica companies is a real estate property with the head office in Ahmedabad and company includes Residential Property, Hotels, Office Buildings.SEO services provided by Jigney Bhachech, CEO Opal Infotech, India.
I want to purchase a commercial real estate property, preferably a retail or office property. How do I find a good agent to help me out since I’m a complete novice? Specifically, what are some good screening questions I should ask him/her to make sure they know what they’re doing- beyond just the standard “how long have you been doing this” kind of stuff?