Author: nocoapadmin
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CCIM Report Points to Positive Trends in 2010
from multifamilybiz.com CHICAGO, IL – Declines across the nation’s commercial real estate sectors are easing slightly as 2010 approaches, according to the latest edition of the Investment Trends Quarterly report, an authoritative study produced jointly by the CCIM Institute and Real Estate Research Corporation (RERC). Despite the positive signs, however, growth across the commercial property…
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Dangerous Property Manager Contracts
Don’t Sign if your contract says this … Posted by Dike Drummond MD CPC on Multifamily Insiders Your relationship with your Property Manager is key to the success of your Commercial Property Investments. This relationship starts with your Contract AND we have found a lot of Property Managers Contracts are heavily weighted in favor of…
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Terrix Apartment Financing Rates 12/09/09
Apartments are still the least difficult type of property to finance.Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$2,000,000+ (DUS Fannie)5/30 4.77% non recourse7/30 5.28% non recourse10/30 5.59% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future to leverage back…
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Colorado State University Student Housing Developments
The Coloradoan has written a nice article giving a reasonable update/status on some of the current student housing projects being evaluated around Colorado State University in Fort Collins, Colorado. All of these projects have been underway for well over a year, so it isn’t really new news, but the update is pretty accurate. Have a…
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The Tough Get Creative
The Tough Get Creative (GlobeSt.com) This is a good, and realistic, article from the new GlobeSt.com blog called MultiViews by Sule Aygoren Carranza. Positioning the multifamily market with “compared to its counterparts in the other property types, multifamily assets rank at the top of the list as the sector hurt the least by the recession.”…
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Terrix Apartment Financing Rates 12/01/09
Treasuries have come down quite a bit – so rates are still great Apartments are still the least difficult type of property to finance.Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$2,000,000+ (DUS Fannie)5/30 4.65% non recourse7/30 5.21% non recourse10/30 5.41% non recourse70-80% LTV, cash-out…
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Terrix Apartment Financing Rates 11/23/09
Just Closed!$3,000,0005.99% fixed, 10/30 termNon recourse$500,000 cash-out100% student Housing in Boulder************************************** Today’s rates are -LOW- Apartments are still the least difficult type of property to finance.Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$2,000,000+ (DUS Fannie)5/30 4.70% non recourse7/30 5.27% non recourse10/30 5.52% non recourse70-80%…
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ULI Emerging Trends in Real Estate 2010
Via Urban Land Institute Highlights from Emerging Trends in Real Estate® 2010 Commercial real estate industry investors and professionals remain decidedly negative, colored by distress over prospects for an extended period of anemic demand and costly de-leveraging, according to respondents of the Emerging Trends in Real Estate® 2010 report, released today by PricewaterhouseCoopers LLP and…
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Apartment Owner Concessions Low in Northern Colorado
So far Fort Collins, Loveland and Windsor apartment owners generally haven’t had to offer much in the way of incentives. Re-leasing has taken a little longer than in the past and vacancies are a little higher than in the recent past, but the concessions have been tight. Greeley has experienced a little more “softness” and…
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Exchanging Real Estate for Interest in Oil and Gas
Via Investment Property Exchange Services Many investors who sell vacant land, investment condominiums, apartment complexes and other real estate utilizing a 1031 Exchange, are looking for new “non-traditional” investments. Regarding this topic, our own Patricia Flowers, Assistant Vice President in the IPX Boston office was recently quoted in the New England Real Estate Journal Online.…