The Colorado Springs Apartment Investor

The Voice of Colorado Peak Properties

Browsing Posts tagged commercial property values

In a webinar presented on Jan. 11, 2011, the Marcus & Millichap team gave an upbeat report on the current state of the U.S. apartment industry. As usual, Hessam Nadji began with an economic state of the union address. After acknowledging nine different problems the economy is now facing, he presented another nine positive indicators. [...]

Just updated! Be sure to see the new version for January 2011.   Marcus & Millichap is one of the nation’s largest real estate investment firms. Nearly every quarter they webcast a summary of the current and near future conditions of the multifamily market. The most recent one was released  on May 13, and included [...]

Yesterday, Vectra Bank gave us the Colorado Springs version of their traveling show. Featuring two prominent PhD. economists, it was both educational and entertaining. Offering a free breakfast buffet at the Cheyenne Mountain Conference Center guaranteed a full house for the 7:30 start. George Feiger spoke first. He is a former Stanford associate professor who [...]

Commercial property values have dropped 36% in the last year alone, according to Moody’s Investors Service and are 44% below the October 2007 peak. This bad news followed the prediction by Grubb & Ellis that office vacancy may approach 20% in 2010. Foresight Analytics of Oakland, CA estimates that 53% of commercial loans due to [...]