Tag: houston commercial real estate market
Have we seen the end of lender funded speculative commercial development?
June 20th, 2010, No Comments
The late 1990’s and especially 2003-2007 experienced an unbridled push of retail, office and industrial speculative development. Lenders were handing out non-recourse money on projects which, to any experienced commercial broker, had little chance of success. The immediate reward of development and loan fees along with short term interest put blinders on banks and investors and [...]
Eric Hughes, commercial real estate broker, forms CenterMark Commercial, leaves TNRG
May 15th, 2010, No Comments
Dear friends and clients,
After 13 years with TNRG, I have formed a new commercial real estate brokerage firm. CenterMark Commercial Real Estate is focused on Industrial and Office brokerage, with over 18 years of direct warehouse and office leasing, sales and development. We offer a streamlined approach to servicing our clients and implement “out of the box” strategies for [...]
More commercial loan fallout ahead? What does this mean for borrowers and investors?
April 3rd, 2010, No Comments
From Star-Telegram.com “A February report by the Congressional Oversight Panel paints a bleak picture of commercial real estate…
Commercial loans
The report estimated that $1.4 trillion worth of commercial loans will be due between 2010 and 2014, and more than half are considered “underwater,” meaning more is owed than the property is worth. Mortgages on apartments and [...]
Future of Houston Industrial Real Estate
January 26th, 2010, 1 Comment
More fallout to come in Houston’s industrial market? There are a substantial amount of large industrial vacancies on the market today and while activity is picking up, it is doing so at a very slow rate and not with any consistency. Each week brings news of another property headed back to the lender. Multi tenant buildings [...]
