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August 2017 Archives

What survey says about investor sentiment

According to a NREI/Marcus & Millichap Investor Sentiment Survey, commercial real estate investors in Missouri and around the country are less enthusiastic about that sector compared to 2014. While they still believe that commercial real estate is still worth investing in, they are worried about long-term returns. There are several factors that have led to the softening in investor sentiment such as uncertainty about President Trump.

Summer has been strong for commercial real estate

Missouri businesses that are considering purchasing or leasing commercial property might think that August is a slow period for these types of transactions. The first half of August this year has been different than in previous years. Sales and leases from coast to coast have been stronger than in previous years as well as in earlier quarters of this year.

Fed survey finds loan standards increasing

A Federal Reserve survey released on July 31 found that banks were tightening standards related to commercial lending. This may impact Missouri investors looking to buy multifamily properties or those who are looking to buy or develop land. However, business loan terms were largely unchanged in the past quarter. The Fed has placed a greater emphasis on commercial lending in its recent bank stress tests.

Our condo association was faced with monumental construction issues thanks to the original developer of our complex. We were cash poor and in no position to get legal representation without a contingency fee arrangement. Luckily for us, Scott Long and Burke Robinson were willing to take us on as clients. Their work ethic, professionalism and knowledge of condominium construction served our association very well. Any association would be well served in hiring these gentlemen to represent them.

Board of Directors - Plaza Gardens on the Lake Condominium Owners’ Association Lake of the Ozarks, MO

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