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Thank you for the opportunity to share general information
relating to the commercial real estate finance industry and to
inform you on what's new at Cornerstone Commercial Mortgage.
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Self Storage
Condos - A New Concept Catching On |
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Condominium Storage - A Growing
Trend
Along with third-generation self-storage's
rising development costs has come a substantial increase in
rental rates for customers. Add this phenomenon to a growing
demand for storage space and a five- year real estate buying
frenzy that is just now slowing, and it's easy to see that the
condominium storage concept was ready to blossom. Especially
in the past two years, investor interest in such developments
has risn substantially.
By Tammy LeRoy of the
Mini-Storage Messenger |
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Click to read the rest of the this
article |
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What's Happening In Retail Real
Estate? |
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 Looking at the trends in commercial real estate both in
terms of tenants and development reveals a healthy
market, one that continues to support a wide range of
retail.
And "range" may be the key word. The
simultaneous rise in luxury and discount retailers is a trend
noted by a number of brokers and commercial real estate
experts.
Their price points may be wildly different,
but both the high-end and discount retail categories are doing
particularly well, notes James Rosenfield, national director,
retail services at Cushman & Wakefield.
As an
example of the luxury market's continued expansion, he points
to the recent opening of Wynn Las Vegas, a hotel symbolically
transforming Las Vegas from a tourist playground to an
affluent destination spot.
The hotel offers 75,000
square feet of retail space; tenants include Ferrari, Maserati
and Oscar de la Renta. "The success of luxury retailing is
really quite incredible," said Rosenfield. "When you couple
that with the success of discount retailers, what you see is a
very healthy, robust economy on both ends of the
spectrum."
By Dakota Smith |
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Clink to read the rest of this
article |
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The
Millionaire Mind |
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Excerpt from the Best Selling Book "Millionaire Mind" by
Thomas J. Stanley
What do most self-made
millionaires have in common? They have courage. Do you have
the courage to take financial risk, given the right return? If
you do, then you have the mind-set that most millionaires
possess. But having the courage to take financial risk doesn't
mean that millionaires are gamblers. Few gamble at all. In
fact, the higher a millionaires's net worth, the less likely
he is to ever gamble. Yet there is a positive correlation
between taking financial risk and net
worth.
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Integrity is
the cornerstone of our business |
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Cornerstone Commercial Mortgage specializes in commercial
real estate finance. We act as mortgage consultants, focusing
on providing the appropriate financing solutions for each
client. We work with investors and developers on all product
types from land loans to permanent loans providing the best
financing option available.
John P. Lloyd,
President/Owner
Phone: (619) 293-3919
Cell: (702)
379-3468
Email: john.lloyd@cmlv.net
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About Cornerstone |
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