September 26, 2011 By most measures, the national commercial real estate market is well into its recovery phase. And Chicago, the nation’s third largest metropolitan market, is following this trend. It may not be recovering as quickly as coastal markets such as New York, Los Angeles, San Francisco and Washington, D.C., but all of its vital signs are pointing up Read more...
September 26, 2011 Brian W. Kling, senior vice president; and Thomas M. Condon, senior vice president, both with the Industrial Advisory Group of Colliers International | Chicago, represented CenterPoint Properties in a 100,377-square-foot new long-term lease to Lenze at 125 Wall Street Trail in Carol Stream, Ill. Read more...
August 02, 2011 Throughout the past decade the United States has focused on reducing our reliance on the manufacturing industry while looking to boost the service industry to create more jobs – particularly in the financial sector. However, as was made clear by the devastating turn of events in the past few years, our economy cannot rest solely on the strength (or lack thereof) of our financial industry. Read more...
July 20, 2011 Foreclosure auctions involving lenders are a typical option investors use to acquire distressed properties. However, many investors are acquiring properties by opting to purchase a foreclosing lender’s note and mortgage at a discount. This article examines common pitfalls relating to collecting rents when an investor purchases a note and mortgage on distressed commercial properties. Read more...
May 04, 2011 With the nation’s banks sitting on between $1.2 and $1.3 billion worth of capital, they are nevertheless reluctant to lend on commercial real estate because of the elevated level of risk and current valuations of properties already on their books. Many banks own portfolios of commercial real estate whose valuations have declined significantly and do not want to increase their exposure. Read more...
April 06, 2011 Expectations for a modest recovery in the Capital Markets in 2011 have been “spot on” as the activity of the second half of 2010 was pivotal and has continued led into the first quarter of 2011. A continuation of the “cleansing” of distress assets has resulted in greater velocity in the debt markets, albeit still rather slow and steady compared to the past. Read more...
March 30, 2011 JCF Real Estate’s Paul Robertson and Steve Chrastka recently spoke with CMAP’s Executive Director Randy Blankenhorn regarding how Kane County and its communities can benefit from implementation of the GO TO 2040 plan. Read more...
March 16, 2011 Today’s buzz-words are “Cash Flow”, “Income in Place”, and “Lease rollover”. Virtually all lenders have returned to the market. Life Insurance Companies, Banks, CMBS (no longer called Conduits) and many public and private Funds are providing capital to real estate, post recession. This is a clear sign that we bottomed out in 2009-10 and the future is bright. Read more...
March 09, 2011 By now you may have heard the words, “New Markets Tax Credits.” Or maybe you haven’t. If you haven’t, don’t feel too bad. In an informal poll of Midwest real estate developers, less than two out of ten developers had ever heard of the New Markets Tax Credit program. And of those who had, misconceptions abound about the program Read more...
February 15, 2011 The commercial real estate industry cannot look to the entire marketplace to be relocating and expanding its operations. Instead, it must look more carefully at specific growth industries/industry segments. Read more...
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