Real estate investors are a finicky breed, especially when it comes to analyzing a real estate investment deal. Some will go into great detail - analysis paralysis as I like to say - while others will give the numbers a quick once-over and go with a gut feel. But regardless of the approach, all have some type of return threshold or requirement as a target. In this month's Financial Strategies column of Properties Magazine, we will review some of the ...
Considering the seemingly endless steady stream of dismal news and dramatically reduced activity levels over the last 3 years, the Cleveland investment market could use some good news. And it got just that in October. The total sales volume was healthy, including a mix of small deals and larger deals, across a range of product types. There were several 'market' investment sales, as opposed to the dearth of distressed sales that have dominated the ...
It's been a long time coming but the Cleveland investment market roared back to life in June. Riding the wave of the $4 billion acquisition by Blackstone of Centro's real estate assets (including the 10 located in northeast Ohio), the sales volume in the Cleveland market ended the first half with a huge ka-blamo. But the month wasn't just the Centro/Blackstone show - we also saw activity in the single tenant net leased market as well as a continued ...
Mother nature wasn't kind to northeast Ohio in April. Persistent rain coupled with cool temperatures made Spring seem like an elusive concept. The state of the commercial real estate investment market was similarly gloomy. Property sales volume was flat, with a scant three investment properties transferring, representing an aggregate volume of just over $6 million. And distressed real estate continued to dampen pricing, as evidenced by the sale of ...
By most accounts, the real estate markets showed a slow but steady improvement during 2010. However, as I look at the total investment sales volume for the Cleveland market over the first two months of 2011, things don't look so good. Only three commercial investment sales have occurred and all three were small, less that $2 million each. A quick check with my friends at Real Capital Analytics (www.rcanalytics.com) confirms that the total ...
The investment activity level in Cleveland has been up and down for most of 2010. Some months, things seem to be picking up, only to see the bottom fall out the next month. However, October may mark a turning point, for a few reasons. First, the overall sales volume was decent - nothing crazy but certainly better than September's total volume of "nufin". Second, the Cleveland real estate market saw the first net leased industrial sale in over ...
August is traditionally one of the slower months of the real - a concept that was painfully evident in the Cleveland investement market during August. Only one transaction closed and, although it was a biggie, the broader absence of activity doesn't bode well for the market as we head closer to the end of the year. To see the latest Cleveland investment newsletter, click here. ...
Although many are hoping for big things over the second half of 2010, it didn't get off to a very good start. A scant two real estate investment sales occurred during July, which is a dramatic decrease from June's volume. However, the year-to-date volume through the first seven months of 2010 is 55% higher than the volume over the first seven months of 2009. There are many mixed messages that help to articulate a very mixed market. To read the ...
Tags:
