by Michael Prochelo on May 20, 2010
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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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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…]
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…]
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…]
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…]