With all the talk of problems starting to infect commercial real estate lending as well as the obvious problems with residential lending, you'd think the world would come to a screeching halt.
Below is an article link on a cool looking project starting up in Portland - some RE-development.
I haven't talked much about redevelopment, but frankly, I'm a huge fan.
Check out this article for details. Next, take action and look around your community to see what kinds of opportunities might be awaiting you in the redevelopment side of things.
I can't think of a better, more noble way to preserve our history in cities.
Oh, one last thing: Today my partner Tom and I had a meeting with a couple of local bankers we've done some business with to get an idea what's happening on the lending front and what kinds of criteria they're looking at for different types of loans: A&D loans, raw land and multi-family were the subject of our conversation. It's helpful info as we continue to put together other projects and know in advance how the bank would like to see the finance side of things structured.
Go make an offer!(TM)
Jerry
Real Estate Roundup: Moyer remaking derelict hotel into biz-class accommodations - Portland Business Journal:
Real Estate Education & FREE Information for Busy Dentists - For more information visit http://www.SecretsofRealEstateMillions.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment