May
30
Conduct Your Business in Separate Entity.
As an investor and property owner you need to protect your assets and protect yourself from personal liability. Do this by conducting all your business in a separate legal business entity. The more common business structures are Limited Liability Companies (LLC) and Sub-chapter S-Corporations. Consult with tax and legal professionals to set up the right entity that fits your business and investing goals. There are ways to set these entities up yourself directly with the state, but you’ll want to be careful doing this; you don’t want to shoot yourself […]
May
29
DISCOUNTS ? YES, BUT A FIRE SALE ? NO
Discounts? Yes, but a Fire Sale? No Commercial Real-Estate Debt Hasn’t Tanked Because So Many Are Seeking Bargains By Lingling Wei and Jennifer S. Forsyth WALL STREET JOURNAL May 9, 2008 The massive market for debt tied to commercial real estate is beginning to thaw as investors flush with cash are starting to buy up billions of dollars in mortgages and securities that had been stuck on the books of banks. But that doesn’t mean banks are lending — capital-starved real-estate owners and developers have yet to see relief. As […]
May
29
REGIONAL APARTMENT PLAYERS HUNT DEALS
Regional Apartment Players Hunt Deals Sector Holds Up As Housing Crunch Yields More Renters By Nick Timiraos WALL STREET JOURNAL May 28, 2008 While most commercial-real-estate owners and developers are singing the blues these days, investors like Bruce Hellman are whistling a brighter tune. Mr. Hellman is president of Cincinnati-based Berkshire Realty Group LLC, an owner and operator of rental-apartment buildings. With 5,500 units in Ohio and Kentucky and a healthy appetite to buy more, Berkshire and regional operators like it have found one of the few sweet spots in […]
May
28
IS SELF-STORAGE RECESSION-PROOF ?
Is Self-Storage Recession-Proof ? By Poonkulali Thangavelu National Real Estate Investor May 27, 2008 Self-storage real estate investment trusts (REITs) reported total returns of more than 23% year-to date at the end of April, based on an index maintained by the National Association of Real Estate Investment Trusts. That number made self-storage REITs the best-performing of all REIT sectors, easily outperforming retail REITs, which generated returns of 10% over the same period that multifamily REITs brought in 15%. By May 23, however, self-storage returns had already declined markedly from 23% […]