Change is coming, but the Hospitality Lodging Industry’s immediate future still looks bright. Lodging Outlook for 2008 Stressing that they foresee no recession in the immediate future, analysts at PFK Hospitality Research have taken a swing at what such a trough would look like, should the views of the industry pessimists prove correct. At first…
Whew!! 2007 – “That Was The Year That Was”. That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate. We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…
As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
Warner Robins is a mid-sized city with a growing population in central Georgia. When we are asked if it’s an ideal place to invest, we always nod our heads enthusiastically. This is a great market for first-time investors who are looking for an affordable property with a lot of cash flow potential. It’s also the…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
As you all know, the commercial real estate business has experienced tough times. Financing to purchase a commercial investment has been very difficult or nonexistent. Recently, we interviewed several Middle Georgia banks offering commercial financing. The rules of the game have not really changed, they have just been enforced. You may remember what you did…
As I wrote in my previous article, 2006 was the year of the private investor. Will 2007 be another year for the private investor? Equity funds and institutions have recently surpassed investments from private investors. This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand. But…
When you’re making these important decisions, you need to know what your responsibilities will be as
the owner of a single-family home versus a multi-family property. Each type of investment comes with
unique expectations and challenges.
In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008. Unfortunately, there has not been any news that changes our belief. Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on December…
