You are currently browsing the Confessions of a Commercial Real Estate Consultant weblog archives for November, 2009.

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Now you really can have an office anywhere!

Todd Clarke @ November 24, 2009 # Comments Off on Now you really can have an office anywhere!

Pop Up from abw on Vimeo. Believe it or not, this office folds flatter than an IKEA flat pack!

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Possible solution for zoning issuess?

Todd Clarke @ November 21, 2009 # Comments Off on Possible solution for zoning issuess?

This make look like any ordinary residential area in California, but would you believe it if I told you it was actually a factory? Click here for more. I wonder why developer’s haven’t used this for industrial parks?

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Mega development near Vegas…

Todd Clarke @ November 20, 2009 # Comments Off on Mega development near Vegas…

The Hoover dam by-pass is under construction – Gizmodo (and my father-in-law) have forwarded some amazing photos of the construction of this bridge.

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

Todd Clarke @ November 19, 2009 # Comments Off on First CMBs in years – closes – $400M+, 1.44 DCR, 62.4% LTV

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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A possible solution for all the commercial real estate debt that is coming due?

Todd Clarke @ November 16, 2009 # Comments Off on A possible solution for all the commercial real estate debt that is coming due?

Reading this article at the Economist got me thinking… What if borrowed and lenders had a prenegotiated arrangement that converted debt into equity a commercial real estate deal? I don’t mean like todays, expensive involuntary conversion that happens through foreclosure, but a more organized rational, prenegotiated, pre-nupital like document that said something like “in the […]

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The Economist has such a way with words

Todd Clarke @ November 14, 2009 # Comments Off on The Economist has such a way with words

Take this example whereby they explain the inputs a home buyer needs to make a decision: Most people face a future that comprises a combination of Donald Rumsfeld’s known and unknown unknowns. Choosing to buy a house, for example, involves a series of bets on land prices, interest rates, taxes, job prospects, future planning decisions […]

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Thanks to everyone who attended yesterday’s technology lunch and learn

Todd Clarke @ November 12, 2009 # Comments Off on Thanks to everyone who attended yesterday’s technology lunch and learn

In less than 90 minutes, we covered technology and how to best make it work for the commercial Realtor. Everything from making presentations using your iphone and a portable projector, how to find a $200 netbook, take your office into the digital era by going paperless to the best tech tools to travel with.

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The case for a national MLS

Todd Clarke @ November 12, 2009 # Comments Off on The case for a national MLS

NAR announced their purchase of technology to construct the Realtors® Property Resource, a nationwide database of over 140,000,000 homes. Althoughthe press release denies the intent to make this anything more than a member benefit, it seems likely that a national MLS could follow. Currently, local and regional MLS systems have a data sharing protocol to […]

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Albuquerque’s housing market continues to improve while USA shows decrease

Todd Clarke @ November 11, 2009 # Comments Off on Albuquerque’s housing market continues to improve while USA shows decrease

According to a story in today’s Albuquerque Journal, 80% of this country’s cities showed a decrease in home sales prices, but Albuquerque remained on an modest upward trend. “Third-quarter data showed the median sale price in the Albuquerque metro area was $183,500 — up from the first and second quarters — but down about 5 […]

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