Pete Chrzaszcz's (commercialmasterminds) Blog

In spite of all the news out there about frozen credit markets, lending for apartments is still available. In an article by Bendix Anderson in Apartment Finance Today, (Nov/Dec 2008), sources for these smaller loans (I'm hearing under $5 million) are still lending. These sources include governmen...

According to the National Real Estate Investor, the recent release of job losses and the unemployment rate point to concern for the commercial real estate industry, especially office and retail space.  With the unemployment rate rising to 6.7%, more companies reducing staff and going out of busin...

According to Multi-Housing News, while overall the real estate market is not doing well, the apartment market is holding up fairly well. Through September of this year, apartments (five or more units) have hovered at 10.7% vacancy which is only 0.3% higher that that of a year ago and still lower ...

Most likely you have heard that a change is coming for American airwaves. The move to fully digital television is just around the corner with an effective date of February 17th, 2009. According to an article in Multi-Housing News, while our attention has been devoted to the elections, the stock m...

According to the 2009 Emerging Trends in Real Estate report, released by the Urban Land Institute and PricewaterhouseCoopers, apartments are a best bet for investments in the coming year. With 2009 expected to be the bottom of the real estate slump and no considerable movement in 2010, opportunit...

Apartment owners would be wise to adopt allowances for roommate situations as another way to increase occupancy. With rents higher in many places, apartment seekers are already struggling with challenges to obtaining a place to rent. Laid-off workers, low income people, growing foreclosures and s...

Environmentally conscious people are finding ways to bring their green practices into their homes, even ones they don't own. No more ‘the grass is greener on the other side.' More and more apartment and condo renters are finding ways to make their residence more eco-friendly, even with heavy rest...

Although initially it appeared to overlook the Commercial Real Estate Industry, it appears that the ever deepening economic bailout could be reaching more deeply. Recently plans were shared that a sub-sector of commercial real estate, multi-family housing, could see some trickle down from the Fed...

With home buying continuing to be slow, apartment rental rates are likely to remain steady and even to increase. According to Mercury News, the Bay Area continues a three year slide in housing starts as October numbers reveal builders have put a hold on starting new projects until the market show...

As more and more homeowners lose their homes to foreclosure, most have to seek rental housing. At the same time, many present renters have been hesitant to purchase homes as home prices still continue to drop and the economy softens. These renters are tuned in to concerns that their equity would ...