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The passing of an era

Todd Clarke @ April 2, 2010 # No Comment Yet

Posted in our sister blog, Todd Clarke’s Technology Corner, is an obituary of the man who developed the hardware for the first personal computer.
His fulltime job was as a scientist at Sandia National Labratories, but his interests were in developing computers that the public could use.
His company, MITS, developed the hardware, but he needed a [...]

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First CMBs in years - closes - $400M+, 1.44 DCR, 62.4% LTV

Todd Clarke @ November 19, 2009 # No Comment Yet

Co-Starreports that the first CMBS deal in years had been put together and sold on the open market - securing the owner, Developers Diversified, over $400M on 28 properites across the country at an average cost of 6%. TALF (TARP) funds were used to back the deal.

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Bad news, good news, have you heard the joke about the economist?

Todd Clarke @ September 16, 2009 # No Comment Yet

The juxtaposition of news story about the economy are interesting – on one hand the Federal government has declared a victory on turning around the economy, on the other, those of us in the commercial real estate business know that until there is transparency in the lenders holdings, the loans will not flow, the capital [...]

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Overreaching legislation

Todd Clarke @ May 26, 2009 # 4 Comments

Special thanks to fellow Realtor Ric Thom for sharing this:
This is an important message from Ric Thom, President Security Escrow Corporation, Albuquerque, New Mexico.
May 26, 2009
HR 1728: The Taking of Private Property Rights
Congress is trying to greatly restrict seller financing. This is a taking of our private property rights. The US House [...]

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NM Apartment Market Review 2008/ Forecast 2009

Todd Clarke @ March 9, 2009 # 4 Comments

Albuquerque Apartment market update2008 in review, looking forward to 2010 by Todd Clarke CCIM
The saying “may you live in interesting times” certainly seems to fit in today’s environment. Although the author and origin of this phrase is unknown, it is believed that it was composed as a curse and included two more phrases:
- May you come [...]

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CCIM’s take on Mark to Market accounting and its impact on the economy.

Todd Clarke @ February 2, 2009 # No Comment Yet

I received this earlier last week from our good friend, Mac Maclure with an update on the how the definition of a phrase could be having a large impact on the current liquidation crisis:
Dear Members of the Faculty:
During this historic week in America as we experience another peaceful transition of power in our [...]

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Are REIT’s the canary in the mine?

Todd Clarke @ January 14, 2009 # No Comment Yet

As major retailers like CompUsa, Mervyn’s, Linens and Things, Circuit City, fold one after another, leaving vacant spaces in major malls across the country, occupancy rates continue a downward trend, which eventually leads to decreasing rents and values.
Real Estate investors with the most leverage (i.e. the least amount of their own money), will [...]

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