November 2009 Newsletter

Cornerstone Commercial Mortgage

Cornerstone Commercial e-Brief

News & Information you can use You Can Use

November 2009

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

The collapse of the real estate market has resulted in tremendous investor casualties not seen since the great depression. In hindsight with such irrational exuberance going on why did we not heed the warning signs? I believe greed inspired us all to forge ahead with blinders on. This trial has reminded me that life is short and the material things we think we earn and deserve are really only gifts from God that can be so easily taken away.

This Thanksgiving let's take time to thank God for what's really important and that's our relationships with family and friends which really are the only things that will truly last.

There are always opportunities no matter the status of our economy, we are focused on the future, available and committed to helping our clients capitalize on these opportunities.

Happy Thanksgiving

Why is there a liquidity crisis when the money supply has almost doubled in the last 2 years?

As the old saying goes "A picture is worth a thousand words". One reason is Banks are hoarding cash reserves. Until the government eliminates this incentive for Bank's to stash cash, the liquidity crisis won't change anytime soon.

Zell: Commercial real estate may recover quickly
By DAVID M. LEVITT, Bloomberg News
Thursday, November 19, 2009

The commercial property market may recover "pretty quickly" if interest rates remain low, Equity Group Investments LLC Chairman Sam Zell said.
Zell's remarks came in the keynote address of Thursday's New York University real-estate capital markets conference at the Waldorf-Astoria Hotel in midtown Manhattan.

"The supply scenario is so constrained that I think the commercial side of the business is going to come back and come back pretty quickly," he said. "I don't think you're going to see much in the way of serious grave dancing, outside perhaps of the hotel area."

Click here to read the rest of this article

Leading a Life of Intentional Influence
by John Maxwell

In the classic Christmas film, It's a Wonderful Life, George Bailey is given a tremendous gift: the opportunity to see what life would be like without him. As he wanders through a world that has no memory of his existence, George is dismayed by the plight of his friends and family. Devoid of his influence, their lives lack the warmth and richness he is accustomed to seeing. As George struggles to come to terms with his bleak surroundings, Clarence, his guardian angel, sums up the lesson that he hopes George will absorb from the experience. "Strange, isn't it? Each man's life touches so many other lives. When he isn't around he leaves an awful hole, doesn't he?"

Three Basic Truths about Influence
1. Everyone has influence.
2. We choose the nature of our influence.
3. We have to work to earn the influence we desire to have.

Five Ways to Gain the Influence You Want to Have
1. Know What's Important.
2. Live What's Important.
3. Use All Possible Avenues to Leverage Your Influence.
4. Choose Those Who Can Best Multiply Your Influence to Others.
5. Teach Them to Reproduce Your Influence.

Click to read the full article.

By John C. Maxwell www.giantimpact.com

Integrity is the Cornerstone of our business

Cornerstone Commercial Mortgage specializes in commercial real estate finance. We act as mortgage consultants, focusing on providing the appropriate financing solutions for each client.

Contact John Lloyd at 702-379-3468 or

619-293-3919