Plummeting Valuations Kick Up Fraud Allegations
Property loans based on faked financials and valuations are on the rise, say regulators and federal prosecutors.
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Property loans based on faked financials and valuations are on the rise, say regulators and federal prosecutors.
Payroll and benefits, utilities, and repairs and maintenance have all seen ‘drastic’ growth.
While big-box or grocery-anchored shopping centers remain attractive, investors are taking an increasing interest in smaller community retail sites.
Pressures have been building, one at a time, on the larger banks when it came to CRE.
The auto sector has seen a five-point increase in cap rate.
As of the end of May, about $22 billion in loans received modifications.
It’s time to dust off and start moving once again. And if conditions do improve, you’ll be even better off.
The property sold for $1,575,000.
It’s another bit of bad news when considering if an expected wave of CRE problems is an overhyped myth or a realistic prediction.
The newly constructed build-to-suit property was built for Sanitas Medical Center, which currently occupies the property. The Tenant signed a 10-year lease with over 9 years remaining with an annual increase at the time of the sale.
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
Sperry – RJ Realty
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