Thank you for the opportunity to share general information relating to the commercial real estate finance industry and letting you know what's new at Cornerstone Commercial Mortgage. We value your relationship and believe better communication is another way we can serve you. |
Relationships: A key factor for success in
these uncertain economic times
This is an extremely volatile and unpredictable
market we live in today and getting a commercial real estate loan is almost
impossible unless you know where to look.
Even the most qualified borrowers can't get loans from their typical
sources. So having strong business relationships and
especially a relationship with a knowledgeable, honest mortgage broker will
help you in achieving your real estate financing goals.
We believe in cultivating strong business
relationships with honesty and integrity for the long term. Integrity and honesty is the cornerstone of
our business. We strongly believe in the
principal "You reap what you sow" therefore, we strive to sow
into our clients the utmost in integrity through quality customer service;
thereby reaping the rewards of quality friendships and lasting client
relationships.
In these very difficult times it is more
important than ever to have a relationship with a qualified mortgage broker who
you can trust and is looking after your best interest. We want to develop that relationship with our
clients where we can be the trusted go to contact for all your real estate
financing needs. Call us today.
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Debunking The Myth Of The Tsunami (commercial real estate)
By Richard Zahm
December 11, 2009
Commercial Mortgage Insight
| Google's 57,000 results for "commercial real estate tsunami" feature a common figure and a common image. The figure is $3.4 trillion, the amount of commercial real estate loans currently outstanding. A total of $2 trillion worth of loans are scheduled to mature over the next five years - $250 billion in 2010 alone.
With commercial property value losses of 30% to 40% since 2007 (with more losses anticipated), soaring cap rates and the virtual disappearance of the commercial mortgage-backed securities (CMBS) market, the effects are predicted to be monstrous.
The resulting image is of an immutable, unavoidable tidal wave, crashing into shore and sweeping real estate investors, lenders - and the economy as a whole - out to sea.
Click here to read the rest of this article
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| 4 Lessons from Bill Gates
Apply these leadership tips from Bill Gates:
1. Take two "retreats" every year. Leave your office to develop long-range strategies.
2. Read books on topics that don't pertain strickly to your business or industry. It's the best way to maintain a broad perspective.
3. Identify problems early by tracking "exceptions" such as sales figures that suddenly sag for a particular product. Jump on them right away.
4. Stop at the end of each day to analyze how well you used it. If you wasted time on things you didn't need to do, eliminate them tomorrow.
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