Powered by Max Banner Ads 

Commercial Real Estate Next Big Economical Crash

Thank you for revisiting you can still subscribe to my RSS feed. As Always Thank You for visiting!


 Powered by Max Banner Ads 

Just when economists are forecasting the worst may be over, the commercial real estate market appears too headed for the same disaster that the residential real estate market was in a few months ago.

Maguire Properties, INC. is planning to default on several commercial buildings due to declining rental amounts and high vacancy. Maguire Properties, INC is one of the largest owners of office building in Southern California; therefore, the announcement from the company does have a big impact on the market. Maguire owes 1.06 billion dollars to credits and do not feel that it can make the money needed to pay back the loan.

This announcement also affected Maguire’s stock and it plummeted from $12 a share to $1 a share today.

Because Maguire is a major company that is forecasting and announcing record losses and possible foreclosure it is apparent that this will affect the stock market in a negative way.

Be on the look out for more commercial real estate companies announcing failures of their companies.

Originally posted 2009-08-21 05:00:18. Republished by Blog Post Promoter

Blog Traffic Exchange Taylor-Brown's Related Post s' Related Posts
  • MARICOPA, AZ  - FEBRUARY 25:  A sign hangs out...Real Estate - Latest News Image by Getty Images via DaylifeThe latest news in real estate from around the blogosphere: How To Benefit From 401 And Real Estate Investing | Business ...When people think about their 401K they consider a lump sum of money that has been put away for retirement. In fact most people......
  • Business Meeting, Or the Historic Forming of I...How to Form a Real Estate Investment Business Image by broken thoughts via Flickr If you are thinking of investing in real estate, it is recommended that you think as a business owner and as such, you will need to protect your assets. Texas corporation can assist you with the protection of your assets by assisting you......
Related Websites

About admin

Serena Brown is broker and owner of Taylor-Brown Real Estate. She is the author of this blog. She has also co-authored a book entitled Should I Short Sale My Home. She has authored a e-book How to Sell My Home. She will be authoring a book on real estate investing by April of 2010 and several reports. She has dual degrees in Business Administration and Electronic Engineering Technology. She prides herself on being up to date on all trends, news, and education related to real estate to include short sale, loan modification, etc. She also makes sure her clients are abreast of how these changes will affect them financial. Therefore, stay tuned for great information in 2010.
This entry was posted in real estate and tagged , , , , , . Bookmark the permalink.

14 Responses to Commercial Real Estate Next Big Economical Crash

  1. Real estate taxes you paid on all real estate you own for personal or family purposes is deductible on Line 6 of Schedule A, Itemized Deductions. Commercial Property

  2. I am smitten by the way you mastered this topic. It is not often I come across a website with spellbinding articles like yours. I will note your feed to keep up to date with your succeeding updates.Just impressive and do sustain up the rational work.

  3. Epic! It’s so sad more people don’t know about this site, it had just the thing I needed this morning

  4. I’ve been looking all around for all of this post. Good thing I found it in Google.

    PAULA

  5. With luck , this will have a affirmative effect for the safety state of affairs.

  6. Incredible! Many thanks! I always wanted to generate in my web-site something like that. May i quote part of your post to my weblog?

  7. I feel a lot more people need to read this, very good info! . . . . . .

  8. Thank you for such a informative blog. Where else could anyone get that kind of information written in such an incite full way? I have a project that I am just now working on, and I have been looking for such info.

  9. You write very detailed,Pay tribute to you.Couldn’t be written any better. Reading this post reminds me of my old room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thanks for sharing!

  10. Thanks for sharing, I stumbled upon this story whilst searching for infomation for my term report, fascinating comments and excellent points produced.

  11. You are a Extremely Skilled Blogger, Either have first hand understanding of what your talking about or you did some fantastic research. Many thanks for this excellent posting.

  12. Thanks for taking the time to share this, I feel strongly about it and love reading more on this topic. If possible, as you gain knowledge, would you mind updating your blog with more information? It is extremely helpful for me.

  13. I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it.

  14. I absolutely adore reading your blog posts, the fashion of writing is impressive.This blog as usual was helpful, I have had to bookmark your site and subscribe to your feed in ifeed. Your website looks amazing.


 Powered by Max Banner Ads