Archive

Archive for July, 2010

New CREDAA Podcast on Bank Failures and the Opportunities They Present

crepig headphonesNew CREDAA Podcast

Bank Failures and the Opportunities They Present

Peter O’Kane of Roanoke Financial Group

Peter discusses the RTC of the 90′s, Loss Share Agreements, the FDIC and how they handle failing banks and acquiring banks. Peter also discusses how his firm capitalizes on the opportunities to help investors find out where the opportunities exist.

To Listen to the Podcast CLICK HERE

JW Najarian
www.CREDAA.com
www.CREPIG.com

Double Dip Recession on the way?

Double Dip recession coming?

Gary Shilling while interviewed on CNBC, says double dip recession possibility is at least 50% chance and growing based on the European debt crises, US stimulus is running out, the inventory cycle is unwinding, tax credits are over, housing is going back in the tank, consumer spending is weak, jobs are not picking up and Asia is in a big stop.

Paul Krugman, who was not a believer in the Double Dip theory, seems to be rethinking his position as he sees stimulus max out it’s effect on GDP and issues in manufacturing http://krugman.blogs.nytimes.com/2009/12/01/double-dip-warning

Nouriel Roubini is famous for being negative about our recovery and he has been right. http://www.economicpolicyjournal.com/2010/03/beware-of-double-dip-recession.html

I have been talking about a W curve for sometime and if you read Venture capitalist and co-founder of CREDAA, Warren Samek’s, recent blogs you will see his take on the markets and recovery.

To hear more about this you can check out Bob Schecter and myself discuss this issue on Networking Fools at Blogtalk Radio http://tobtr.com/s/1130139

JW Najarian
www.CREDAA.com
www.CREPIG.com

The “RE” Decade and My Breakfast with Brokers Series Part 1 of 6

by Warren L. Samek Co-Founder on June 24, 2010 at 12:00pm

It’s always great to get out there and talk with real people about what’s really happening out on the streets. As part of an ongoing series I’ll be featuring my discussions during meals with many of the CRE industry participants I regularly have roundtables with. This week it’s the Breakfast with Brokers series.

The discussion starts off with the routine discussions about funding or lack thereof, bid-ask gap realities, lack of distressed supply in the market, where are the deals, etc. As a Co-Founder of CREDAA I take special interest in those CRE participants that are actively looking for ways to address the market with innovative, intelligent, and creative approaches. The CRE industry is turning from a market of checkers players to a market of chess players and this is happening at an astonishing pace.

I see successful organizations utilizing a hybrid model of adopting new technologies (due diligence, property research, yield management, property management, client management, and social media were the top areas of adoption in this group),and building relationships the old fashioned way: through superior knowledge, trusted partner networks, personal integrity, and READ MORE…..

www.CREDAA.com

CRE Ice Age Follow Up: Architectural Billings Down, 2011 to be Frosty too

by Warren L. Samek Co-Founder on June 23, 2010 at 2:31pm

According to a soon to be released Reuters report, the American Institute of Architects’ Architecture Billings Index declined to 45.8 in May from 48.5 in April and word is the June number is shaping up to be in low 40’s. A score below 50 indicates a contracting demand dynamic. Because most of us in CRE know that the AIA Architectural Billings Index is a leading indicator for CRE projects (usually by 2 to 3 quarters) this spells more frosty frostiness into 2011.

What IS being designed for upcoming construction? Medical facilities, Senior Housing, Student Housing, Wind Farm Facilities, Parabolic Solar Trough facilities, Logistics/Warehousing facilities, and a lot of custom re-conversion and conversion designs for Multi-family (mid-way condo and townhome projects being turned back over to rental properties). That makes up the juicy part of the pipeline for our friends in architecture.

What is NOT being designed? READ MORE

www.CREDAA.com

Anacondas, Federal Rabbits, and Swans

by Warren L. Samek Co-Founder on June 23, 2010 at 11:30am

I wrote about his briefly in my last blog and wanted to just touch on a couple of points made clear to me by some friends of mine at Fed Region 12 and the FDIC:

1) Bank health is the ultimate priority for all else to function and for banking health to sustain its somewhat fragile recovery those rabbits in the Anaconda I wrote about in the CRE Ice Age blog earlier have to work its way through our global economic matrix (the interconnected economy). We cannot have the health of the overall system without…. READ MORE

www.CREDAA.com

CRE Ice Age

by Warren L. Samek Co-Founder on June 22, 2010 at 11:51am

Over the last few months after dozens of meetings with CRE investors, attorneys, brokers, lenders, receivers, and other important participants it is painfully clear that we are in a CRE Ice Age of sorts. Liquidity no question is a general hot issue but that being said there is much capital “in the quivers” of sharp shooting CRE investors and opportunistic funds right now.

Sovereign wealth funds, private equity funds, hedge funds, individual and institutional investors all are waiting at the promised feast table. The table is set but the steak is missing. Where is the supply of distressed CRE assets? ….READ MORE…

www.CREDAA.com

What can I do in this down market? Great Question and I am glad you asked

Added by Scott Miller – CoFounder on June 3, 2010 at 12:21pm

I was asked this question the other day and here are some of my thoughts. Spread out your wings and grow your market share, but be careful not to dilute your message. Pick the strength of your company and use that to your advantage. Make partnerships with … Continue

www.CREDAA.com

Follow

Get every new post delivered to your Inbox.