Commercial Real Estate Finance

Posts Tagged ‘office building’

There was a time when a commercial real estate owner had to worry more about losing their tenants to new competing developments than they did to bankruptcy filings. Depending on what area of the country you reside in and how battered the commercial real estate market is there, one thing you likely haven’t had to worry about is a glut of new construction adding to increased stock, and increased vacancy concerns. After all, while construction costs have come down quite a bit from their highs in early 2007, the inability to finance construction projects has crippled most developments, even in areas with little other barriers to entry. Sure, perhaps you’ve had to make a concession here, or lower the rent there, in order to maintain occupancy. But now there may be new competitive space to worry about….and its space a landlord never dreamed he’d have to compete with before….vacant car dealerships. Read the rest of this entry »

If you enjoyed this post, make sure you subscribe to my RSS feed!