Texas Commercial Real Estate

Good news for our clients and customers.  This new marketing and advertising tool has been a long time coming.  The CCIM institute has always been cutting edge when it comes to commercial real estate expertise, but now they have the tools to demonstrate the Technology and Intelligence of the orga...

Fat cash real estate investors may do well if the banks turn out properties with loan defaults in 2010. - Erik FIVE FACTORS AFFECTING CRE NEW YORK (Real Estate Center) - A number of factors could affect commercial real estate transactions going into 2010, Real Estate Center Chief Economist Dr. Ma...

Good for our Texas limited resources.  Very important for West Texas which is in high demand for a limited supply of water.  Tenaska in Sweetwater is a concern regarding the use of Abilene water for their coal plant. - Erik EPA HELPS CLEAN TEXAS WATER DALLAS (U.S. EPA) - Nearly $4.2 million has b...

HSM brokerage was one of the most well known names in commercial real estate among many. - Erik HENRY S. MILLER JR. DIES DALLAS (Dallas Morning News) - After a career in real estate spanning over half a century, 95-year-old real estate giant Henry S. Miller Jr. died Saturday following a brief ill...

Currently CEO of the San Antonio Board of Realtors to take over as new TAR CEO. - Erik TAR NAMES NEW CEO AUSTIN (Texas Association of Realtors, Real Estate Center) - Travis Kessler has been selected as the CEO/president of the Texas Association of Realtors (TAR). Kessler brings 32 years of experi...

Fed's will require morgage companies to offer the Short Sale program after April in 2010. - Erik SHORT SALE GUIDELINES REVISED WASHINGTON (Associated Press) - Guidelines for short sales to help homeowners who need to sell their houses but cannot secure contracts at a high enough price to pay off ...

Another positive review for Texas from the national survey in the Beige Book's final look at 2009. - Erik ECONOMY IMPROVING, SURVEY SHOWS HOUSTON (Houston Business Journal) - The Texas economy showed signs of improvement in the past six weeks through November, according to the Federal Reserve Ban...

The article is somewhat surprising to me. After attending the ICSC in San Antonio in October, it seemed to have low attendance (2,500+/-) and the mood was fairly sedate. Abilene has been flat in the retail sector with restaurants leading. Office and Industrial have both seen more action. - Erik E...

Lack of consumer effort to complete applications for an interest rate reduction is baffling.  It should not be a cake walk for participants to be approved for a discount on their mortgages.  - Erik FED PUTS PRESSURE ON MORTGAGE INDUSTRY WASHINGTON (Associated Press) - Treasury Department official...

We have seen the changes of the face of convenience stores in Abilene over the past three years.  When Alon purchased several hundred Skinny's stores.  Most of the stores have changed the signs on the buildings.  There is a large 7-Eleven store concept that we may see that does not sell gas.  The...