Archive for September, 2010

The Mood of the market September 9, 2010

Click the title for the full message. My business partner, Luis Garcia shared some interesting notes from the San Jose Apartment Brokers meeting today. Luis writes: According to the more senior brokers, Buyers are very hesitant to step in, unless they’re getting a very good deal. Sellers are selling, BUT only if they have to [...]

Another Title Company Colleague recommends Pete

I would recommend Pete to my clients in a heartbeat. He takes the time to understand their needs and goals prior to recommending a solution. His attention to detail and knowledge of the marketplace makes him the Broker that I personally would hire to represent me. Tillie Ross, Commercial Accounts, Old Republic Title Company

CMBS Delinquencies hit a new record high September 9, 2010

Click the title for the full message. It’s been a while since my last blog- namely because of all the bad news. There was a glimpse of positive news by the media; however, I knew it was short lived. This article as written by Jon Prior http://www.housingwire.com/2010/09/07/cmbs-delinquencies-accelerate-toward-9-in-august-trepp points out the rate of delinquencies and emphasizes [...]

Apartments, Hotels Hit Hard as CMBS Delinquency Rate Sets Record at 8.9% September 8, 2010

Click the title for the full message. A recent article in the National Real Estate Investor I thought worth sharing. Highlights include: Delinquency rate for Commercial mortgage backed securities reached a record high in August Multifamily defaults hit 14.53% Hotel defaults hit 18.92% Paul Mancuso, VP with Trepp, indicated there is more to follow. Class [...]

Colleague/Client suggests writing a Book!

You should write a book!  You have a lot of credibility and you know I have a lot of commercial brokers at my fingertips, but I wouldn’t think of going to anyone but you Pete!  I feel this way because I think you would advise your client in a way that they would make the [...]