Single annual event attracts a huge inventory and every potential buyer
It is not often that we see high quality commercial real estate assets being offered all in one place for 20 or 30 cents on the dollar, but that is exactly what’s happening at an upcoming online auction starting October 23-25 at www.svnauctionevent.com. The event includes assets that must be sold and closed by year end thus the strong motivation of many sellers including banks.
With economic uncertainty around the world, commercial real estate continues to be impacted, as discussed in this recent article.
David M. Levitt, Hui-yong Yu and Dan Levy | Business Week
The U.S. commercial real estate market has slowed in the past three months as the sputtering economy and a pullback in debt financing limited deals, cooling a recovery from Washington to California.
David Bodamer | National Real Estate Investor
CMBS delinquencies stabilized in September, according to two reports. Trepp LLC said that the rate inched up 4 basis points while Fitch Ratings reported that the delinquency rate fell 5 basis points.
“Operation Twist” is another attempt by the government to jumpstart our economy, but what impact will this stimulus have on the commercial real estate market. Here is a recent article that highlights what could be on the way for commercial real estate.
By Randyl Drummer | CoStar
The Federal Reserve has twice tried since 2008 to jumpstart the sagging economy by intervening in monetary policy, with the last attempt, dubbed quantitative easing 2 (QE2), ending in June.