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Larry Culbertson's picture

Is the "World" on sale? Distressed Sale...

Sun, 06/06/2010 - 12:43 — Larry Culbertson

The data is staggering—I have read reports stating up to $3 trillion of commercial real estate debt is maturing in the next five or so years. These days, locating “distress” properties is not difficult. Simply visit any downtown in any market, and you will find it. Distress can be physical, such as unfinished tenant improvements, or it can be financial, such as a maturity default on a note. In many cases, it is both.Read more

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The C Group, KW Commercial Atlanta Midtown particpate in Keller Williams Red Day!

Thu, 05/13/2010 - 13:56 — Larry Culbertson
A great big THANK YOU to all who were able to participate in KW ATLANTA MIDTOWN RED DAY 2010.
 
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4% Sales Tax on home sales, truth or rumor...

Sat, 05/01/2010 - 16:54 — Larry Culbertson

Contrary to reports and newspaper articles circulating widely on the Internet, there is not a 4.0% "sales tax" or "transfer tax" on the sale of a home included in the recently signed health care reform bill. The analysis underlying these reports is incorrect and fails to take into account the interplay of the bill's provisions with already existing real estate tax laws that remain unchanged. Read more

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The Listing Broker, maintaining distressed properties...

Mon, 04/26/2010 - 12:23 — Larry Culbertson
Today's CRE Broker must take on additional responsibilities especially with distressed and REO listings. Understanding that the lenders have many decisions to make while working with distressed assets is critical and should be communicated with all parties involved. The broker must work closely with the asset managers to ensure they will make informed choices. Here are a few items I suggest adding to a listing checklist;
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