The commercial real estate tsunami: a survival guide for lenders, owners, buyers, and brokers
Wood, Tony
Anderson, Matthew
The Commercial Real Estate Tsunami addresses the phenomena of the pending wave of commercial debt maturities coming due in the next five years and the impact those maturities will have on the commercial real estate markets when combined with the historic economic crisis. Commercial real estate (CRE) foreclosures and REOs (Real Estate Owned by lenders taken back in foreclosures), Commercial Loan Modifications and Loan Work Outs, new investor expectations and property management challenges combined with the survival of CRE firms across the country will become a major issue in the near future. Commercial real estate loans are the second largest loan type after home mortgages. The initiation for the CRE foreclosure wave was caused in part by the same kind of exuberance in the marketplace that led to the residential housing market collapse. This booksends out a warning to the CRE industry but also offers concrete solutions and ways to mitigate the risks and hazards that lie ahead of us. Those in the financial and real estate industry can benefit from preparing now.Tony Wood (Roseville, CA) is an award winning veteran of the commercial real estate industry. With over 30 years experience and a consistent track record as a top producer he has successfully worked with all types of commercial property with a wide range of client profiles. Tonys resume includes the valuation,leasing, sales and management of office, retail, industrial, and residential income investment properties, and single tenant, triple net leases investmentsthroughout the Western United States. He has been retained as a consultant tolaw and accounting firms and also represents lending institutions in the evaluation and disposition of their Special Assets and Commercial REOs. Tony is active leader in the commercial real estate industry and is an invited guest speaker and contributor to numerous media outlets.
- ISBN: 978-0-470-62682-5
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 240
- Fecha Publicación: 12/05/2010
- Nº Volúmenes: 1
- Idioma: Inglés