Apparently downtown Vancouver is quickly becoming a hotbed of activity for banks. With so many financial institutions making the move into into the core over the last three years (albeit some of them have not survived this past year – Bank of Clark County for one), one might think Vancouver was on track to becoming [...]
Posts Tagged ‘commercial property’
Banks Hot For Vancouver
Posted in build to suit, commercial real estate, lease, new office, office brokerage, office space, square feet, vancouver, tagged banks, commercial property, kassab, office space, prestige development, square feet, sturgeon, TMT, vancouver on August 19, 2009 | Leave a Comment »
A Tsunami of Debt Headed For Our Shores
Posted in building sale, commercial real estate, Forecast, lease, new office, office brokerage, office space, square feet, Trends, Vacancies, tagged 2011, cmbs, commercial assets, commercial mortgage, commercial property, lease, lenders, office buildings, office space, property values, square feet, valuation on August 5, 2009 | 1 Comment »
Just today, I was discussing this very topic with people I met at a local lunch event. The impending commercial mortgage issue is a doozy and while the economy is showing signs of bottoming out and turning toward a slow, slow recovery many believe this is a recession/recovery looking more like a “W” than a “V” or “U”. [...]
80% Decline in Loan Originations for Commercial Property
Posted in building sale, commercial real estate, Forecast, office brokerage, office space, Trends, tagged 1031 exchange, buyers, commercial property, credit crunch, industrial, investors, loan originations, multifamily, NREI, portland, retail, sellers on February 10, 2009 | 1 Comment »
According to National Real Estate Investor, an industry tracker, the climate among buyers and sellers of commercial real estate is a chilly one to say the least. With the credit crunch at full throttle, you have to be Warren Buffett in order to secure financing, and he doesn’t really need it. Denise Kalette of NREI writes, “Commercial [...]