Archive for April, 2010

REO Monitor: Regions Center – Nashville, TN

Friday, April 23rd, 2010

A first mortgage of $55 million secured by Regions Center, located in Nashville, Tennessee's CBD, has been transferred to LNR Partners for special servicing. This comes on the heals of Bass Berry & Sims PLC vacating 130,000 square feet of office space after they relocated their Nashville law practice to ... More

REO Monitor: HUD Housing Projects

Wednesday, April 21st, 2010

The U.S. Department of Housing and Urban Development (HUD) is scheduled to foreclose on several multifamily complexes over the next month. They include: Shingle Creek Apartments Brooklyn Center, Minnesota "This thirteen story, elevator type complex was built in 1974, with rehab in 2003. Located on approximately 4.328 acres this facility offers 78 one-bedroom ... More

Product Review: Google Public Data

Saturday, April 17th, 2010

We all know Google has their hands in a little bit of everything. One of the most useful and cost effective (can you say free?) utilities Google now offers is their public data graphing application. Until now, many researchers had one of two options to compile, analyze and illustrate economic ... More

Where do cap rates go from here?

Friday, April 16th, 2010

The recession is officially over and Moody's CPPI indicates that commercial property prices may have bottomed. But one question remains: will tight credit and high unemployment continue to be a drag on cap rate improvement? Cornerstone Real Estate Advisers recently published a report which included an illustration of cap rate trends ... More