Archive for Blog
Commercial Multi-Family Interest Rates Still Hover Around 5%…
Steven Wiltshire of Marcus & Millichap Capital Corporation gave us this great information:
July 8, 2010
Multi-Family Loan Programs > $3 Million
Fixed Rate
Agency Lenders
Term
LTV
Interest Rates
5 Yr.
55 to 80%
4.35% to 4.80%
7 Yr.
55 to 80%
4.78% to 5.23%
10 Yr.
55 to 80%
5.04% to 5.49%
15 Yr.
55 to 80%
Portfolio [...]
Apartments Are Winners in the Near Future
This is an interesting article published by IREM that is quite consistent with my local and regional take on the market.
Vacancy rates continue to rise in most commercial sectors and are not expected to level out in most markets until the end of this year or early 2011, according to the National Association [...]
Clarifying “Like Kind” Exchanges
Recently, Bob was asked about like kind exchanges:
“The more I think about it, it seems that ” like kind ” property is a very loose term. I guess the ” character” of the property more important than it’s use. I mean if you have a duplex and you exchange it for an apartment [...]
Potiowsky’s View of the Oregon Economy
by Doug Marshall, CCIM
Tom Potiowsky, the State of Oregon Economist, recently presented his most current status of the Oregon economy to the Oregon SW Washington CCIM chapter. His presentation titled, “Oregon Economy: Up the Long, Long, Long Road to Recovery” aptly summarized his findings. The good news: the economy, which bottomed out last [...]
CNBC Features Marcus & Millichap President and CEO Harvey E. Green
Watch the video.
Harvey Green – Marcus & Millichap (CNBC Squawk on the Street)
Mortgage delinquencies still climbing for hotels, retail, apartments in January
By Ryan Frank, The Oregonian
February 12, 2010, 2:41PM
From the Wall Street Journal (via Calculated Risk)
The delinquency rate on CMBS conduit and fusion loans increased by more than 50 basis points in January,bringing the total rate to 5.42%. The total delinquent balance is now more than $36 billion, a $3 billion increase over the month before. [...]
Musts for a Successful Exchange
1. Work with a competent tax professional:
1031 exchanges can be complicated, and thus, it is important to discuss your tax goals with a tax professional before entering into an exchange agreement. Your tax advisor can provide you with the advice you need to determine if an exchange is right for the transaction, and can help [...]
Why Exchange?
Each investor will have a different reason for participating in an exchange of property. Here are some examples of why investors exchange:
- Cash Flow: Exchange bare land which produces no income for improved property that can create cash flow
- Business Use: Exchange out of a property for another property that can used to accommodate your [...]
Common 1031 Exchange Errors – Things Not to Do!
Don’t misinterpret like-kind property
When completing a successful exchange, a taxpayer must relinquish and acquire like-kind property. However, many taxpayers misinterpret like-kind property. All too often I hear, “If I exchange a duplex, don’t I have to buy a duplex?” I always respond by clearly defining like-kind property.
Like-kind property refers to the intended use [...]
Cap Rates for Apartment Complexes Along the I-5 Corridor of Oregon
PART ONE: THE BASICS
Cap Rates – A Hot Topic: For apartment investors and apartment brokers, the subject of cap rates is critical right now.
Why Now: Cap rates are starting to change at a pretty good rate in response to the current recession and changes in apartment financing interest rates.
First – Some Background Information
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