Industrial X Missouri

Kessinger/Hunter's Jensen not afraid to take risk on Kansas City region

Most people would consider it a risk, building the largest spec building in the Kansas City area in an economy that is still struggling to find its way. Daniel Jensen, principal and director of industrial brokerage with Kansas City’s Kessinger/Hunter & Company, whose firm is in the beginning stages of constructing a spec building of more than 821,000 square feet, doesn’t disagree. But he refers to Kessinger/Hunter’s project as a calculated risk, and that’s a key distinction.

CRE X Missouri

RealtyTrac: Foreclosures rising in St. Louis, Chicago and Minneapolis, falling in Detroit

If it's true -- and it is -- that the commercial real estate market won't see a more robust recovery until the housing market stabilizes, than commercial real estate professionals got some bad news regarding two major Midwest markets. According to the latest numbers from RealtyTrac, foreclosure activity jumped significantly in both St. Louis and Chicago in April compared with the same month last year.

CRE X Missouri

Tom Turner: Thriving for nearly four decades in commercial real estate

With 38 years worth of hands-on experience with commercial mortgages, Tom Turner knows how to succeed in real estate markets both strong and weak. Strong customer service, in-depth market knowledge and an ability to find creative solutions to the most difficult of financing challenges are the "secrets" that Turner has relied on to fashion a career that continues to thrive as it nears its fourth decade.