Don’t You DARE Let Covid Steal Your Business!
If you’re a banker, you might be feeling the stress in the tightening CRE mortgage guidelines. If you’re a CRE broker, you might be feeling the stress of your clients struggling to find funding. We’re all busier than usual, so I’ll keep this short and to the point....
Commercial Loans, Golf Courses, and Cap Rates
This is a fascinating story of how using a cap rate allowed us to value and sell a foreclosed golf course, and it helped my private investors avoid a loss and actually make a profit. There are three methods of valuing income property – the cost approach, the...
Commercial Loans and the S&L Crisis
Wow. If you walked into the executive offices of some savings and loan associations in the early 1980’s, the wealth and opulence would have amazed you – walls paneled with expensive oak, glistening marble floors imported from Italy, and genuine...
Are We There Yet?
When will we arrive to the end of this pandemic? Early this morning I was asked to write a newsletter for Domerus. I’ve never written a company newsletter, for Domerus or any company. Sure, no pressure and no stress, really! So, hello and welcome. We’ve decided to...