Uptick in Auction Sales Should Continue Through 2011
Oct 29th
Over the past 60 days, NAI Global’s alliance partner for outcry auctions, Higgenbotham Auctioneers, has sold more than 90 properties at auction in Florida, Georgia, Louisiana, Texas, Delaware and throughout a number of Midwest states. In addition, they have scores of upcoming auctions scheduled before year end in Florida, Michigan, New Jersey, Illinois, Texas, South Carolina, and Georgia. More >
Acquisitions – Confirming the Rent Roll
Oct 28th
It is hard to say which single document is the most essential to review when purchasing an income property. However, as the prime source of property revenue, the rent roll is clearly one of the most critical. More >
Commercial Real Estate Returns – Leading Indicators, Return of Debt and Brokerage Activity
Sep 23rd
America and the world’s economies were thrown into the sharpest recession ever by the overnight disappearance of debt. The appetite for debt among the world’s investors instantly vanished and remained absent for 18 months. This of course caused the smoothly running real estate machine to seize. The deal making world became barren. No one knew where to turn or what we could do to spark transactional activity. More >
Online Auction Platforms such as AuctionPoint offer Agents and Sellers a Step Up from Traditional Brokerage
Sep 17th
During the summer, NAI Global launched a program enabling NAI Agents to conduct their own online branded auctions with the help of a preferred vendor partner, AuctionPoint. More >
Due Diligence Pointers
Sep 16th
For the Seller, the Due Diligence process is one of the most critical parts of an investment sale transaction and could make or break a deal, depending upon how it’s handled. As such, an informed Seller can be prepared to respond to most situations raised by the Buyer. More >
Proposed FASB Lease Accounting Changes Will Impact Sales Market
Sep 15th
There are changes afoot in the world of accounting dealing with how companies should treat their leases – for both lessors and lessees. Those changes will have an immediate impact on the sale of investment properties. There are several areas where the impact will be manifest, including:
- Tenants may be incented to sign shorter leases;
- Tenants will be less likely to sign renewal and expansion options into their leases; and
- Corporate users may find it more favorable to buy than to rent properties they wholly occupy. More >
Sale Leasebacks – a Timely Alternative
Aug 30th
In financial markets such as we are experiencing now, financing real estate for operations or investments can be a challenge. An excellent alternative that remains attractive for corporations and investors is the Sale Leaseback. Essentially, the sale leaseback enables a corporation to make use of the captive equity in its real estate at a cost that is generally lower than its return on equity or long term debt costs. Utilizing long term leases with renewal options, the corporation maintains operational control of its facilities without having to tie up its capital. Further, a sale leaseback provides 100% leverage in comparison to mortgages that generally provide 60% to 70% leverage. From the standpoint of the investor, the sale leaseback offers several advantages: More >
The ISG Team
Aug 25th
Since this is the NAI Global Corporate Blog, I feel it’s incumbent upon me to brag a little about NAI Global’s Investment Services Group.
NAI Global completes over $45 billion in transactions in a typical year, including over $10 billion in investment sales. These transactions range from large institutional-quality assets and portfolios to mid-size and smaller properties suitable for regional and local private investors. To best serve its institutional and sophisticated private clients, we created our Investment Services Group (the “ISG”), which is composed of NAI’s most senior investment advisors throughout the U.S. More >
Commercial and Multifamily Mortgages on the Rise?
Aug 19th
According to the most recent Mortgage Bankers Association Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, commercial and multifamily mortgage loan originations increased 35 percent in the 2nd Quarter 2010 compared to the 1st Quarter 2010, and they are up 1 percent from the 2nd Quarter 2009. More >
Major Changes in the Distressed Asset Marketplace
Aug 17th
In just two weeks we’ve seen some major changes in the distressed asset marketplace. Not only is activity increasing as the year goes on, but where we once found the number of assets far outweighing the number of willing investors, we’re now finding more investors per property than ever before. More >
