Non-Recourse No Brainer

Non-Recourse No Brainer By: Nicholas A. Dunlap, CPM Commercial property owners defaulting on non-recourse loans? Say it ain’t so. Today’s Wall Street Journal highlighted a growing trend amongst over-leveraged Commercial Property Owners who seek to renegotiate or restructure their loans with banks by first stopping payment. Apparently halting payments on a $135 million dollar mortgage … Continue reading Non-Recourse No Brainer

Books Coming Soon

There is a lot going on in the world around us. The job market, the economy, real estate, the upcoming state election and the many unique trends and indicators that help us model, project, acquire and manage assets seem to find their way into our newspaper headlines on a daily basis. With that, there are … Continue reading Books Coming Soon

Rental Rock ’em, Sock ’em

Rental Rock ‘em, Sock ‘emBy: Nicholas A. Dunlap, CPMAccording to this morning’s OC Register, Apartment rents are now hitting bottom. Funny, they said the same thing a few months ago. Truth is, rents at B and C Class Properties in Orange County are now on the rise, up from where they were last year at … Continue reading Rental Rock ’em, Sock ’em

Thoughts On the Newest 2011 Economic Outlook

Thoughts On the Newest 2011 Economic OutlookBy: Nicholas A. Dunlap, CPMOrange County will lead the Southern California economy out of the recession next year, at least according to an outlook published yesterday by the Los Angeles Economic Development Corporation. Job losses, though down, will continue through the end of the year and firms small to … Continue reading Thoughts On the Newest 2011 Economic Outlook

Indecisiveness Shared Amongst Multifamily Investors

Indecisiveness Shared Amongst Multifamily InvestorsBy: Nicholas A. Dunlap, CPMShared sentiments in recent studies published by The Wall Street Journal and Apartment Finance Magazine demonstrate high levels of indecisiveness amongst multifamily investors. Interest rates are down, as are property values but so is transaction volume. Then what gives? Fear of a double-dip recession leads some investors … Continue reading Indecisiveness Shared Amongst Multifamily Investors

Don’t Believe the Hype

Don’t Believe the HypeBy: Nicholas A. Dunlap, CPMFor as much speculation as there has been on the looming Commercial Real Estate bust, the opportunities to acquire distressed assets in the Southern California area are minimal at best. What’s more, the fundamentals are now comprised of flat rents (somewhat stable in comparison to 2008 & 2009), … Continue reading Don’t Believe the Hype

Three Steps to Successful Advertising

Three Steps to Successful AdvertisingBy: Nicholas A. Dunlap, CPMLast month I was featured as a panelist at the Apartment Association of Orange County’s informational luncheon covering a topic I am quite familiar with: internet advertising. While advertising on the internet is a relatively simple task, it is difficult to do correctly. In fact, many people … Continue reading Three Steps to Successful Advertising

Defeated! Proposed Moratorium on Rental Increases in the City of Los Angeles Goes Down!

Defeated! Proposed Moratorium on Rental Increases in the City of Los Angeles Goes Down! By: Nicholas A. Dunlap, CPMLet freedom ring! In a battle of principles, apartment owners in the City of Los Angeles won big last week. In a battle of hard number financials, the victory remains dismal. The allowable 3% increase in rents … Continue reading Defeated! Proposed Moratorium on Rental Increases in the City of Los Angeles Goes Down!

Business Practices That Amaze (and not in a good way), Part I

Business Practices That Amaze (and not in a good way), Part IBy: Nicholas A. Dunlap, CPMThis week’s “it amazes me that people like this are in business” thought came to me while reading an article published in Realtor Magazine. The article referred to or suggested that in the years 2002-2008, otherwise known as an economic … Continue reading Business Practices That Amaze (and not in a good way), Part I

Believable Hype Or Just the Same Old Smoke & Mirrors?

Believable Hype Or Just the Same Old Smoke & Mirrors?By: Nicholas A. Dunlap, CPMCould it be that all this talk about a Commercial Real Estate bust is just that? Outlook and Statistics released this week by a number of sources, including TD Bank, the National Association of Realtors and CSUF’s School of Economics certainly bode … Continue reading Believable Hype Or Just the Same Old Smoke & Mirrors?