Despite the fact that the residential housing marketplace is starting to show signs of recovery, South Florida’s commercial real estate is still in crisis.  Bludgeoned by empty storefronts, diminishing rent prices and difficult to acquire credit, a sizable number of South Florida commercial property owners face default on their bank loans.  Many fear that this could trigger an additional round of bank failures and further impede the economic recovery of the region. Over the years, South Florida’s community banks have invested in commercial properties such as hotels, shopping centers and office space.  According to analysis conducted for the Miami Herald, Florida financial institutions have twice as a lot of commercial loans in their portfolios as out-of-state banks. … Read entire article »

There are a lot of “insider” commercial real estate secrets. One of the most important secrets is understanding the right questions to ask when investigating a commercial property investment. While I’m not going to cover all of the possible questions in detail, I will make you conscious of some of the key problems. I’m also going to suggest some places to go for help. … Read entire article »

Korea, known as the ‘land of morning calm,’ is situated in a key location in East Asia. The mountainous Korean peninsula stretches about 500 miles south towards Japan. In recent years, the country has achieved tremendous economic growth. Contemporary Korea is a stable nation both politically and economically. A large number of foreigners are now attracted to invest in all sectors of the country’s economy which includes the property marketplace. This has strengthened the property market in the country. Korea is one of the prime property investment destinations in Asia Pacific. Not only is the country’s property marketplace transparent, but the economy itself is really dynamic, offering much scope for growth and development. … Read entire article »

When investing in commercial real estate, investors have to contemplate the projected expenses surrounding their investment. A savvy investor need to have a working understanding of what the closing and holding costs for the property will be prior to committing themselves to the investment. Working on the obtain cost, and the marketplace selling cost is basically not sufficient to make an informed decision on regardless of whether a property will be a sound investment. Holding Expenses When real estate investors buy property, their major objective is to sell the property for a profit. But in the course of this process, the investor should take into consideration the quantity of money they will will need to pay out before the investment is re-sold. Holding costs are also recognized as carrying expenses. When calculating … Read entire article »

According to the National Association of Realtors, the Commercial Leading Indicator for Brokerage Activity, a forward-looking index for the commercial actual estate marketplace rose slightly to the highest level on record but the rate of growth has decelerated over the past year in the 1st quarter. NAR’s track of the index dates back to 1990, and The Commercial Leading Indicator for Brokerage Activity increased .2 percent to an index of 120.three in the very first quarter from a reading of 120.1 in the fourth quarter, and is .8 percent higher than the initial quarter of 2006 when it stood at 119.three. With slightly greater completions of overall office, warehouse, retail and lodging structures, the small net rise in NAR’s index means net absorption of space in the industrial and office … Read entire article »