By John Simpson, on November 30th, 2008%
It isn’t during recessions that regional malls shows signs of problems. There are lots of reasons why a regional mall could show signs of decline even during hot real estate markets, low interest rates and peak retail demand. Let’s explore.
Examining the Financial Reports
As standard due diligence, appraisers either request copies of all leases with addenda or . . . → Read More: Financial Signs of a Troubled Regional Mall
By Eileen Simpson, on November 20th, 2008%
The last seven days have been very interesting. Over the past five years, there were tons of people lending on small commercial properties. Loan volumes surpassed local banks and the SBA. Their secret to being able to lend was a very active secondary market where the loans were securitized and sold. This then freed up the . . . → Read More: The Secondary Market has DRIED UP for the Small Balance Commercial Loan
By John Simpson, on November 20th, 2008%
As you can tell by the prior post in this series, the value of the dry lake marina is not the main issue. The real question to be answered is whether it is financially feasible to restart the marina and if not, at what market value it would be. Ironically, this is tied into value because . . . → Read More: Appraising the Dry Lake Marina – Part 2 of 2