There’s plenty of commercial money available from various lenders….loan to value ratios are probably down in the 60% to 70% range (requiring more cash equity) and securing a loan at a fixed rate for 10 years or more is challenging to get, most want to re-price or call the loan in 5 years. To make matters worse, the credit contraction that has resulted from the overexposure of financial institutions to commercial real estate loans, particularly for smaller regional and community banks, will result in a negative feedback loop” that suppresses economic recovery and the return of capital to the commercial real estate market.
Our Professional Consultant will provide you an easy access to any real estate endeavors, which the company’s valued clients can keep track of the project developments, seek improvements at all stages throughout its construction, provided with a transparent access to development accounts and service fee assumptions.
From the first quarter of this year to the first quarter of 2012, NAR expects vacancy rates to decline 0.5 percentage point in the office sector, 1.3 points in industrial real estate, 0.1 point in the retail sector and 0.9 percentage point in the multifamily rental market.
We provide a complete range of commercial real estate services to property owners, tenants, investors, developers, banks, commercial loan servicers and companies seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships.
We provide members with a collaborative community of real estate professionals, the highest quality information and research, bold leadership on industry issues and essential products and services, like commercial real estate listings in Minneapolis, Saint Paul, the Twin Cities and all of MN through the MNCAR Exchange.