Commercial Real Estate by Ted Karsch | August 4, 2009
Executive summaries are one of the most important aspects of commercial loan package submission, however, many new investors spend the least time and energy on this essential component. I recently had the opportunity to interview Lori McMahon of LJ Commercial Property Services. She creates and submits executive summaries as her profession and is considered to be an expert in the field. Below is a list of questions and answers exchanged by a new commercial real estate investor and Lori.
Commercial Executive Summary Q & A
1. Q: At what point do you begin putting together the Executive Summary? Before/during/after contract has been submitted?
Lori: It’s different every time. Before is fine as long we put that in as the status on the Funding Opportunity Page. Many of clients have wanted to find out if they could get any interest prior to signing the Contract to Purchase. Anytime is good as long as it is directly after you sign the contract because you must understand that in these times, it is taking anywhere from 45 to 90 days for funding…
Read the full article → Commercial Real Estate by Ted Karsch | June 23, 2009Even the most bearish economist is predicting that commercial real estate prices will fall up to 40 percent from peak to trough. However, the data released yesterday from Moody’s Investor Service shows that in April commercial property prices plummeted a record 8.6 percent. According to Moody’s data, commercial property prices fell a total of 29.5 [...]
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8 Most Important Commercial Real Estate Investing Questions Answered.
by Duke Long | January 19, 2011The 8 Commercial Real Estate Investing Questions: 1. Is it better to invest in residential or commercial real estate? Residential or commercial pick your poison. Think about the last 2-3-4 years. Hey, what geniuses are left? We can go further later but it’s simple. Whatever fits your style. A quote from me to a good [...]