Peter Pays Paul

Inside commercial hard money lending.

Events

Tuesday, January 20th, 2009

San Francisco Bay Area Commercial Real Estate Networking Events

As an aid to my San Francisco Bay Area readers I wanted to compile a resource of local events for commercial real estate brokers and agents, commercial mortgage brokers and bankers, and those interested in commercial real estate.

This not a comprehensive calendar but is a compilation from a variety of sources.

Organization Key

EB = East Bay
SF = San Francisco
SV = Silicon Valley

NAIOP publishes a monthly trade organization calendar here: http://www.naiopsfba.org/pdf/MonthlyCalendar.pdf.

The Best Commercial Real Estate Jobs in 2009?

Thursday, January 15th, 2009

Jonathan Miller over at Trend Czar has an interesting post on the near term pain in commercial real estate. He also suggest niche markets that commercial real estate brokers and other commercial real estate professionals should focus on in 2009.

For brokers and other intermediaries, business won’t suddenly ramp up for quite a while unless they specialize in helping broken borrowers find refinancing or fire sale foreclosed properties for lenders.

Near-term lawyers can do well on the workout front and representing various tranches, special servicers, borrowers and lenders who are tangled up in all the CMBS and CDO litigation on the horizon. But before that happens banks and institutions have to begin writing down their portfolios. That will captivate all of us before 2009 is over.

Trend Czar: Debt Burdens–Stream of Consciousness.