Last Tuesday, the buzz about the .75% cut in the Fed’s rate (also called the prime) started. People got on the phone to their mortgage lenders asking if now the time to refinance their home loan is. As a result, there is a lot of information about what that rate cut means to residential loans. However, I’ve [...]
You had a vacancy in your center and after a few months, you finally have a new tenant. Hurray!…or is it?
As with all of real estate, it depends. Let’s look at what that new lease might do to the value of your shopping center.
I. Local or National: If you signed a local tenant, that means [...]
Real estate fortunes are made by people who buy low and sell high. The question is, how do you know when it’s low?
You would have to be under a rock to miss that our economy is having challenges. Listen, anytime the government even thinks about giving the people money rather than collecting it in [...]