I like good news and I bet you do too. The North American market is Red Hot if you got Funds look at this:
PACKAGE # 7-Office3 – STATUS –Available 8/05/09
Reo Office Building(B) (1) 8% vacant
SF- 700,000+ Sq. ft. and 30,000+ Retail
Cities: NY NY
Price: 489MM
CAP RATE = 7%
Now when was the last time you saw a NYNY office building at a 7 CAP. Please lets all focus on the good News! Trust me this is good and worth a days reflection on what is coming later this year.
Wow!
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Thank you for the, more than expert advice. I have one question though. How can a Commercial Finance Broker make headway in the World of Bulk REO's (recently got screwed over by some California jerks, I'll leave nameless until I can complete my well planned, Federal and State backed RETRIBUTION... Broker finds LENDER who is really a "conduit", another BROKER for the actual LENDER... so these guys shoot me in the foot with that daisy-chain #&$% and so I basically volunteered my time to help those HUMPS get a $500M POF... for FREE). Thank you for your time and have a great evening...
ReplyDeleteRespectfully,
Dan: box227@live.com