http://www.phoenixcommercialrealestate.com/Blog Phoenix Commercial Real Estate News and Updates from Marc Brodeur, a leading Arizona Commercial Real Estate Agent. Search all Phoenix AZ Commercial Properties including Multifamily, Industrial, Office and Retail. Wed, 18 May 2011 00:47:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.phoenixcommercialrealestate.com/Blog/irrational-exuberance-in-phoenix-az-multifamily-and-the-best-residential-month-since-2005/comment-page-1/#comment-466 Katie Wed, 18 May 2011 00:47:24 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=979#comment-466 You bring up a good point about residential real estate. Although I think investing in REITs can be good no matter which kind you invest in, commercial or residential. The thing to look for is a REIT that has a diversified portfolio, like a <a href="http://www.marketwire.com/press-release/cole-reit-ii-closes-on-315-million-unsecured-line-of-credit-1386013.htm" rel="nofollow">Cole REIT</a>. Cole invests in retail, office and industrial real estate and they’re all over the US, which seems to be another quality to look for in a REIT. You bring up a good point about residential real estate. Although I think investing in REITs can be good no matter which kind you invest in, commercial or residential. The thing to look for is a REIT that has a diversified portfolio, like a Cole REIT. Cole invests in retail, office and industrial real estate and they’re all over the US, which seems to be another quality to look for in a REIT.

]]> http://www.phoenixcommercialrealestate.com/Blog/you-want-a-steal-when-you-buy-commercial-real-estate-in-phoenix/comment-page-1/#comment-450 Eric Myers Tue, 22 Feb 2011 05:02:27 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=955#comment-450 Good points. I couldn't agree more that now is the best time to buy. We haven't seen prices like this and an Arizona real estate market in this condition in some time. It is certainly smart to do your research and make a good purchase, but so many people get caught up in searching for this "deal of a lifetime" that they pass by a lot of good homes. Good points. I couldn’t agree more that now is the best time to buy. We haven’t seen prices like this and an Arizona real estate market in this condition in some time. It is certainly smart to do your research and make a good purchase, but so many people get caught up in searching for this “deal of a lifetime” that they pass by a lot of good homes.

]]> http://www.phoenixcommercialrealestate.com/Blog/commercial-real-estate-rental-equilibrium-are-we-there-yet/comment-page-1/#comment-178 Vancouver Commercial Realtor Fri, 01 Oct 2010 18:35:10 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=784#comment-178 Vancouver BC seems to have weathered the meltdown of the last several years fairly well, though we still have lots of office space sitting vacant. Commercial multifamily properties have not stopped listing or selling or sitting unsold. Cap rates are lower these days generally an unimpressive 3-5%. There are a large number of businesses for sale in Vancouver and surrounding area, most of which are either not profitable or netting a very small amount. Vancouver BC does not usually have many properties in foreclosure but there are always a few and they sell at market value through the courts. The Commercial Real Estate market in Vancouver has been slowly recovering over the last year but prices and rates are still not where they were in 2007. Landlords are leasing space cheaper to keep their properties full. Vancouver BC seems to have weathered the meltdown of the last several years fairly well, though we still have lots of office space sitting vacant. Commercial multifamily properties have not stopped listing or selling or sitting unsold. Cap rates are lower these days generally an unimpressive 3-5%. There are a large number of businesses for sale in Vancouver and surrounding area, most of which are either not profitable or netting a very small amount. Vancouver BC does not usually have many properties in foreclosure but there are always a few and they sell at market value through the courts.
The Commercial Real Estate market in Vancouver has been slowly recovering over the last year but prices and rates are still not where they were in 2007. Landlords are leasing space cheaper to keep their properties full.

]]> http://www.phoenixcommercialrealestate.com/Blog/where-is-the-multi-family-real-estate-market-headed/comment-page-1/#comment-132 Marc Brodeur Sun, 05 Sep 2010 07:20:03 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=597#comment-132 Because of its high growth historically (50+% per decade for 4 decades), Phoenix was hit harder than most cities like Boston with slower but steady growth rates. When construction stopped here, more jobs were lost than in other markets with lower growth simply because more people were employed in those areas as a percentage of the work force. As it was hit harder than other cities, it presents a great opportunity. The risk is when will it come back. Given its history it should lead growth again when the national economy slowly recovers. Because of its high growth historically (50+% per decade for 4 decades), Phoenix was hit harder than most cities like Boston with slower but steady growth rates. When construction stopped here, more jobs were lost than in other markets with lower growth simply because more people were employed in those areas as a percentage of the work force. As it was hit harder than other cities, it presents a great opportunity. The risk is when will it come back. Given its history it should lead growth again when the national economy slowly recovers.

]]> http://www.phoenixcommercialrealestate.com/Blog/phoenix-multi-family-trends/comment-page-1/#comment-131 Eric Myers Wed, 01 Sep 2010 18:13:36 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=497#comment-131 Times are certainly rough, but if you can afford to make the payments now can be an excellent time to buy. Ive been able to afford a new home due to the low, low prices and the great interest rates right now. So its not all bad i guess. Here's hopin things pick up! Times are certainly rough, but if you can afford to make the payments now can be an excellent time to buy. Ive been able to afford a new home due to the low, low prices and the great interest rates right now. So its not all bad i guess. Here’s hopin things pick up!

]]> http://www.phoenixcommercialrealestate.com/Blog/where-is-the-multi-family-real-estate-market-headed/comment-page-1/#comment-130 Joe Bend Carpet Cleaning Tue, 31 Aug 2010 22:46:53 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=597#comment-130 How does Phoenix differ from other major markets on the commercial side? How does Phoenix differ from other major markets on the commercial side?

]]> http://www.phoenixcommercialrealestate.com/Blog/where-is-the-multi-family-real-estate-market-headed/comment-page-1/#comment-129 4WallsRentals Wed, 25 Aug 2010 20:45:52 +0000 http://www.phoenixcommercialrealestate.com/Blog/?p=597#comment-129 Very insightful read. thanks for sharing. Very insightful read. thanks for sharing.

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