Albuquerque Commercial Real Estate Report 4.19.10: Finding The Bottom
April 26, 2010 at 6:36 am | Posted in Radio Show Reports | Leave a commentTags: acquisitions, albuquerque, asset, banks, capital, commercial, CRE, distressed assets, economy, industrial, investment, investments, investors, market, market bottom, New Mexico, office, opportunities, property, real estate, recession, retail, sperry van ness, strategy, walt arnold, white paper
>>> Click here to listen to the Commercial Real Estate Report for 4-19-10 <<<
Bob Clark, News Radio 770 KKOB: Walt, there have been some indicators that the economy is starting to turn. Have we seen the bottom of this commercial real estate market and more importantly are there opportunities in this market for investors?
The key for investors today is not some much finding the bottom of the market but its finding value. By the time most people figure out where the bottom is, they will probably miss it. There are opportunities, and for the astute investors it will require the ability to add value to the property. Adding value can be accomplished through operational improvements, repositioning, restructuring, recapitalization, re-tenanting or other proactive strategies or tactical value enhancements.
Bob: So Walt, what are some strategies people can use to help them find value in commercial real estate assets?
There are a few things someone can do to help insure success. First, to try to time the market is extremely difficult and waiting for the exact bottom to get in is a million to one shot. The second strategy is to realize that a declining market is where lasting wealth is created. The next opportunity in this market is to seek opportunities, don’t get too caught up on the product type — for example, office or retail — of the investment, and if you like return of the investment the rest of the details can be worked out.
Understand it is critical to seize the opportunity and that it is better to be the one who catches the fish rather than the one who tells about the big one that got away. Lastly, seek sound counsel. The brokers at Sperry Van Ness can provide sound, professional analytical advice to help our clients make the right decision. Continue Reading Albuquerque Commercial Real Estate Report 4.19.10: Finding The Bottom…
Understanding the Acquisitions Process
February 26, 2010 at 4:38 pm | Posted in Whitepapers | Leave a commentTags: acquisitions, albuquerque, asset, capital, commercial, CRE, investments, liquidity, market, property, real estate, white paper
Here’s my latest white paper that aims to dispel some common myths and explain some of the ingredients needed for a successful aquisition…
One of the most important parts of the commercial real estate lifecycle is the acquisition phase. I believe most reasonable people would admit that the best way to have a successful outcome to any real estate venture is to get off on the right foot to begin with. While it’s certainly possible to “rescue” a troubled project, the best way to safeguard against a troubled scenario is to minimize future risk through the implementation of a sound acquisition plan. In the text that follows, I’ll offer some thoughts about some of the most common acquisition mistakes and how to avoid them.
Put simply, bad acquisitions are not healthy for financial sustainability. I’ve had the displeasure of watching lenders, investors, tenants and owners all suffer through the devastation and turmoil created by a bad acquisition. Whether it was due to lack of planning, leasing the wrong space, lending or investing in the wrong asset class or in the wrong market, getting whipsawed by buying into changing market conditions, paying too much for a property, or missing a critical window of opportunity, a bad acquisition usually spells trouble down the road. The sad part about what I’ve just described is that in most cases, these bad acquisitions could have been easily avoided by filtering them through a well conceived acquisition model. click below to continue reading>>>
Increasing NOI In A Down Market
February 5, 2010 at 5:12 am | Posted in Whitepapers | Leave a commentTags: asset, commercial, CRE, NOI, office, property, real estate, walt arnold, white paper
Here’s another white paper that will hopefully offer some unique ideas to help your books weather the economic climate…
Declining commercial real estate markets created by turbulent economic times and worries of an uncertain future can vex even the most experienced property owners. While it’s very easy to get caught up in the herd mentality of the pundits and other industry naysayers who portray a doomsday mentality, it’s considerably more profitable to… click below to continue reading>>>
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