This is my first post in a very long time. The only reason I am posting today is because I didn’t really have to do anything to put this post up. The following analysis is from an email I just received breaking down a recently listed retail center. Needless to say, the property is way [...]
May
02
Movie Gallery to Close All 2,415 Stores
Filed under Another Tech Takedown: From Zero Hedge: Movie Gallery’s Chapter 22 just turned into a 7. The WSJ reports that the firm has decided to shutter all of its 2,415 stores and liquidate completely. Previously, the bankrupt movie rental chain had hoped to continue operating with a trimmed down asset base, and close just [...]
Apr
29
No Value Premium for Assumable/Owner Financing
This is just a quick opinion on the role assumable financing plays in the value of an investment property. It is very interesting that many properties are marketed with the assumable financing being a major benefit, when many times it really is more of a detriment or unattractive. Even worse is that some sellers believe [...]
Apr
29
More on CRE Titles
I just noticed this just published press release with a sole purpose of announcing the promotion of a CRE broker at a local CRE brokerage company from Vice President to Senior Vice President. I have already posted my thoughts on titles at CRE brokerages. Needless to say, I think they are meaningless.