Don’t Celebrate The End of The Recession Just Yet.

by Michael Prochelo on May 20, 2010

 

Despite credit gurus who are proclaiming that better times are just ahead for investors seeking credit, the commercial real estate lenders we work with at Financial Management Group and respect still don’t see any reason to celebrate just yet. When you put a microscope to the current market, you see all kinds of reasons for continued caution. [click to continue…]

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The Economy: Upwards and Sideways in January

by Michael Prochelo on February 26, 2010

As investors in commercial property and other assets, you and I know full well the importance of knowing what’s happening at any given time to the economy as a whole. So when I came across the most recent report from the Institute for Supply Management, I paid close attention to what it had to say about where we are economically, and what that might mean to future investment appreciation or decline.  [click to continue…]

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Q4 GPD Is Up: Start Of A Trend?

by Michael Prochelo on February 25, 2010

In case you didn’t catch it, the government has released reports showing that the gross domestic product (GDP) for the fourth quarter of 2009 rose at an annual rate of 5.7%, the best advance in six years. That’s an encouraging sign, but only if it continues in that direction.

Technically, the upward trend over the past two quarters could mean [click to continue…]

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Office Market Bounce or Rebound?

by Michael Prochelo on February 11, 2010

The news from the 4th quarter of 2009 was better than expected, according to many market analysts, especially in that all important gauge of office rentals. For many investors, office rentals tend to reflect what’s happening in the economy overall.

When rentals go up, the business climate Is healthy. When it goes down, the message read by many is that businesses are generally contracting, choosing not to risk new space and overhead in the anticipation of uncertain times. [click to continue…]

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What is 2010 looking like for investors?

by Michael Prochelo on January 21, 2010

Here’s a quick preview of the year ahead, as compiled from such industry analysts as Marcus and Millichap:

The year 2009 saw a large uptick in store closures, especially the first half of the year, and while the weakness is expected to continue well into the new year, there are some early signs that there may be life in the retails sector after all. Excluding autos, recent retail sales data indicates some small glimmers of light at the end of the tunnel. Most sectors posted modest gains from August to September, with retails sales increasing by 0.5 percent. [click to continue…]

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The Credit Crunch: Is it over yet?

December 11, 2009

I’ve been asked this question by a number of my clients lately. Positive economic news has been slowly making its way into national broadcasts. Job claims are down—or at least not climbing as fast as they were a few months ago. Black Friday shopping  levels were up a bit.
So is there light at the end [...]

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Musings from Hearst Castle…

November 16, 2009

Recently I had the chance to tour the Hearst Castle up in Cambria, CA. If you’ve never been there, I advise you to run…not walk! It’s a great tour, and we have no idea how long it will be there.
Standing on one of the terraces overlooking the incredible Neptune swimming pool, the high, ornately decorated [...]

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Give New Life To Your Retail Center

November 6, 2009

I was reminded the other day about a very successful strategy we’ve used to upgrade and revitalize an existing retail center in order to maximize our client’s investment.
This particular shopping center, totaling 155,000 sq. feet, was located in the west San Fernando Valley of Los Angeles, California. It was originally built in the 1960’s and [...]

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Commercial Management Companies: 10 Things They Can–And Must–Do For You.

October 16, 2009

So you’ve decided to invest in commercial properties…perhaps a shopping center. What do you do next? Many investors face that tough question. When reality sets in, the task of maintaining and running a commercial property can quickly become overwhelming, even to the savviest investor. That’s when—and why—you need the services of an experienced commercial property management [...]

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Holding on in a shaky economy

October 15, 2009

We talk to lots of investors these days wondering if there’s any future in holding on to their investment properties…or if the risk is just too great. Once they decide to hold, their next question is always “How do we make it work?”
If you were sitting across the desk from me right now, here’s what [...]

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