Moody's/REAL Commercial Property Price Index (CPPI) dropped by 90 basis points for the last month of 2010. Moody's Managing Director Nick Levidy commented: A robust, broad-based recovery in commercial real estate prices has remained elusive, although some major markets, particularly capital-attracting gateway cities, continue to show signs of strength, however, we ... More
Archive for February, 2011
Moody’s CPPI Drops by 0.9% in December
Monday, February 28th, 2011Cap rates, cap rates, cap rates…
Friday, February 25th, 2011A large percentage of our organic web hits are from people looking for cap rates. There are plenty of websites which define what a cap rate is and how to calculate one, but we regularly receive inquires as to where the best place is to look up reliable cap rates. . So....without ... More
CRE Marketing Tips: Glamor Shots
Friday, February 18th, 2011One marketing faux pas we continually see is terrible property photos. Whether it is on commercial listing services, or via email announcing a new deal, many times, it looks like the broker didn't even take the time to get out of the car to take the photo. And if they ... More
CRE Marketing Tip Series
Wednesday, February 16th, 2011As CREConsole.com evolves, we have found that providing best in class examples and marketing tips to help our clients sell investment real estate in this economic environment has become increasingly crucial to maximize the effectiveness of our marketing platform. From these experiences, we will create a series of posts which ... More
REO Monitor: Bank of America Plaza, Atlanta
Sunday, February 13th, 2011The Atlanta Business Chronicle has reported that the mortgage secured by the tallest building in the Southeast, Bank of America Plaza, has been transfer to LNR Partners for special servicing. The 1.25 million square foot, 55-story office tower was purchased by BentleyForbes in 2006 for $436 million from Cousins Properties ... More
REO Monitor: Pinnacle at Symphony Place – Nashville, TN
Tuesday, February 8th, 2011As LNR Partners files to foreclose on Bass Berry & Sims previous home, Region's Center, Canyon-Johnson has taken over control of its new home, Pinnacle at Symphony Place. Previous to this action,Canyon-Johnson held the mezzanine position on this 520,000 square foot office tower which was developed by Atlanta-based Barry Companies, ... More
