| Posted by david on June 2, 2010 |
If you’re like me, you’re probably devastated at what has been happening in the Gulf of Mexico with the oil leak. Wildlife – both flora and fauna – is dying. Disturbing images have plagued the internet and will continue to plague it for some time to come. Coastlines in Louisiana are now covered in oiled seawater. As the most atrocious oil spill continues to spew, Florida now fears that their coastline will start to see this natural resource peak its slimy head and scare away vacationers. Those fears are soon to become a reality. Not only have fishing economies in the Gulf States declined immensely, but now, one of the major tourist attractions to Florida is seriously threatened. The pristine, white beaches on the Gulf Coast will most likely see the oil by this Friday. And if that happens, tourism will take a major hit.
Banking industry – watch out!
Banks that have loans to businesses in the Gulf States – especially in the Panhandle region better start preparing for some unfortunate problems. Once the tourism starts to decline the domino effect will take place… businesses will most likely have a hard time making their monthly payments and thus will put banks in a dangerous position. A lot of banks already have been shut down from the FDIC in Florida and more are to come. If banks were smart, they would have already started selling their performing commercial notes at a slight discount to avoid these notes switching over to non-performing status if this scenario actually happens. I’m not trying to be a pessimist but this oil spill has not been contained and the oil is actually en route to the Florida beaches through certain currents. Florida’s economy is 60% tourism and the Panhandle plays a HUGE role. This resource that Americans covet and rely on so much has ruined, and will continue to ruin both wildlife and economies.
| Posted by david on May 9, 2010 |
The media has a lot of power over people – how they think, how they work, who they should vote for, where they should spend their money and etc. The media also has a lot of persuasion when dealing with finance markets. Ever hear the phrase – “bought into the hype”? Let me explain. A big reason as to why the big residential real estate recession hit was because people were getting loans and buying houses they had no means to buy. The media kept pushing stories about the average Joe who was making hundreds of thousands of dollars each month on flipping houses. Hey – if it’s so easy, anyone can do it – right? Sure – till the market reaches the tipping point and it crashes. These stories were run online, in the papers, and on news channels. Everywhere you looked, you were hearing about these mega successful people in the real estate field.
Uplifting articles and news stories will continue to run. However, you must be wary of them. The public likes to think that the market is on a rebound. They want to read and hear about how the market is on the rebound and that the economy is heading north – especially the commercial real estate market. Well, maybe some pockets around the country are on the rebound. But you can’t read an article about the market in New York and expect it to have anything to do with Kansas City. Savvy investors know this and know the market is still on the way down. These investors are cashing in on this market – buying discounted commercial notes and REO properties all across the country. The market may be going up in certain areas but I still don’t believe we’ve seen the worse yet of the commercial real estate market. Banks with commercial loans will most likely be fretting the FDIC for many years to come. If you’re trying to purchase commercial bank notes, you can and you will most likely get a good deal.
| Posted by david on April 30, 2010 |
If I’ve learned anything over the past couple years, it’s that no investment is safe…no matter what you think. I was always told that real estate was a solid investment. I was also told that I should invest money the stock market because that was a good investment. Well, this last decade has taught me that the stock market and the real estate market (as well as a plethora of others) should not be considered a stable investment. However, there are pockets of time when you should invest in both the stock market and the real estate market. The people who make the most money know when to invest and what instruments in which to invest.
As we’ve all been reading, the commercial real estate market is teetering on utter disaster. Banks are being closed by the FDIC and big companies are going out of business. In every disastrous time, there is an opportunity to make money. It’s when the market is tanking do you invest. For example, because the commercial real estate market is soon to mirror the residential market, you can find some pretty amazing deals – specifically if you invest in the commercial notes backed by the asset. Banks are trying to unload their unwanted debt to investors at a discount and the investors buying this debt are making plenty of change. Many investors are becoming work-out specialists and many are simply foreclosing on the loan and selling the asset. However, the commercial real estate note market is not for the novice investor. If you have some extra cash and wish to use that to invest, you should consult a commercial note broker and figure out what your options are. The time to invest is now – not when the market is on the upswing.
| Posted by david on March 2, 2010 |
Are you sick and tired of reading that commercial real estate sales are up one day and then a report comes out which negates that report the following day? I see articles all the time about how sales are down but the following day sales are up? I can’t seem to make heads or tails of it.
There was an article in the NY Times today stating that “the volume of global commercial real estate deals is forecast to rebound 30 percent to total $478 billion this year, led by surging investments in China and a revival in the United States.” Isn’t interesting that the commercial market is now a global market? This article is grouping reports consisting of China, US, Japan and parts of Europe. A global market means that people from all parts of the world are involved with this commercial real estate crisis.
With the market being global, banks should see this as an opportunity. Banks, as we know, have been trying to clean up their balance sheets which consist of problem loans and tons of distressed assets. Well, banks should consider using a company like Commercial Note Brokers to market their notes. Commercial Note Brokers uses search engine optimization and social media strategies to market these commercial bank notes worldwide. CNB can reach the global audience and help banks unload their unwanted loans and help them to continue to do business in their community.
| Posted by stuart on February 18, 2010 |
Commercial Note Brokers Receives $23 million in non performing notes for sale
Commercial Note Brokers, a distressed debt brokerage for banks looking to sell and investors looking purchase non performing notes, is proud to announce the acquisition of approximately $23 million in non performing notes for sale. These non performing commercial real estate secured bank notes are primarily secured by first deeds of trust and valued between $200k and $4 million on individual notes. Some of the notes will be bundled in cases where there are related borrowers and/or projects.
The commercial real estate securing the non performing notes ranges from raw land, office condos, multi-family developments, to office buildings, etc.
Specializing in Individual notes, representing both buyers and sellers
At Commercial Note Brokers we specialize in marketing individual commercial real estate backed notes that are either performing or non performing. We represent both note buyers and note sellers on a contractual agreement basis. Our team is unsurpassed in online marketing utilizing both SEO and Social Media in addition to matching our database of potential buyers and sellers.
Bank note sellers
If your bank is considering selling some real estate secured loans and you are just getting started learning about the process or wondering how it all works, please give us a call, we’ll be happy to help.
Bank note buyers
Due to the sensitive information about the participants in the note buying and selling market. All buyers will need to register on our site, sign our confidentiality agreement, and provide information that we deem, in our sole discretion, to be sufficient before we allow access to
notes for sale.
Many notes, buyer and potential notes for sale cannot be advertised on this site even with buyer viewing restrictions due to bank sensitivity. In these cases, if you are seeking specific types of notes to purchase, please register and contact us directly so that as private situations arise we can directly cross match new opportunities to potential buyers.
Commercial Note Brokers