by Mike Gazdzik | Dec 19, 2020 | Market Update, News
Bekah Carlson I am seeing tenants who are not suffering at all during the pandemic submit LOIs at a discounted rate – and my client (the landlord) is letting them walk. Also, learning how to use MySocial on CRECO.ai to auto-post properties on a rotation on...
by Mike Gazdzik | Dec 6, 2020 | Market Update, News
Bruce Heller Problematic CRE returning – CMBS cumulative loan default rate for fixed-rate CMBS recently increased to 16.5% nearing the prior peak of 16.8% recorded in 2013. Hotels and retail are almost 30% by themselves. Is this a case of one person’s...
by Mike Gazdzik | Nov 30, 2020 | Market Update, News
Bekah Carlson This week I have seen social media posts from some firms and spoken with clients who own different firms who are interested in expanding their brokerage practices. If anyone is considering a move to a different firm, let me know and I will gladly make...
by Mike Gazdzik | Nov 20, 2020 | Market Update, News
Bekah Carlson This week I attended some of the virtual online sessions at NAR’s annual conference. Most interesting was economist Lawrence Yun, who forecast a 9% growth in residential transactions for 2021. This will certainly have an impact on commercial real...
by Mike Gazdzik | Nov 15, 2020 | Market Update, News
Bekah Carlson I heard a phenomenal line of questioning from a business broker this morning on a virtual networking call: What have you learned this year that you can package and sell? Are there services and insight that you provide that can be assembled as a specific...
by Mike Gazdzik | Nov 9, 2020 | Market Update, News
Bekah Carlson If you didn’t attend this week’s West region broker breakfast, you missed a great one! Kim Miller from Loberg Construction explained the increased construction costs that the market is experiencing – most of which are tied to labor and...
