Archive for June, 2009

Basic Ed for Multifamily Borrowers

In looking over the Affordable Housing Finance magazine, I was struck by the very informative article By Jerry Ascierto.  He points out “Acronyms like TARP, TALF, PPIP, and CAP litter today’s headlines, but exactly what these programs do-and how they do it-isn’t always easily digestible”.
TARP and TALF - what are they? According to Apartment [...]

Apartment Living of the Future

Christopher Lee, a real estate consultant with CEL & Associates, is a featured panelist at the 2009 NAA Education Conference & Exposition this week.  The National Apartment Association (NAA) website features his white paper on the future of apartment living which I thought particularly pertinent for these times.
Lee states the future of apartment living is [...]

Credential Courses for Green Property Management

With “green” being the operative word these days, I couldn’t help but notice the interesting courses listed by the National Apartment Association (NAA) on their site.
In addition to the NEW Credential for Green Property Management (CGPM), the site explains such programs as the Fair Housing and Beyond Course, the Rental Owners Course (ROC) and [...]

Multifamily -State of the Industry

Recently, at the Pacific Coast Builders Conference (PCBC), multifamily finance and operation fundamentals were discussed in depth. Chris Wood reported details in the Multifamily Executive on 6-16-09.
In the opening session of the 2009 MultifamilyTrends Conference held in conjunction with the PCBC in San Francisco, Hessam Nadji, Managing Director of research services for Encino, CA-based [...]

Referral Fees to Residential Agents

In my meetings and appointments over the last several weeks, I have heard more than once reference to commercial brokers who took a referral from a residential agent and did not pay a referral fee or only offered a token gesture of a couple hundred dollars. It has surprised me to learn that some commercial [...]

A $60 Million Garage?

While reading over an April issue of the San Francisco Business Times, an article by J.K. Dineen and Blanca Torres caught my eye.
The largest commercial real estate deal had just been executed by Menlo Park-based Garlock & Co. A shopping center, industrial park, you say? No, actually, a garage. This parking garage at [...]