JW Najarian's Blog – April 2010 Archive (5)

Executive Job Market Report from Execunet

I just returned from speaking at Crittenden on the subject of building and destroying your personal brand. Although the panel of speakers on the subject were well received, the messages seemed to be a bit lost on the commercial professionals at the conference. Much like the fax machine, microwave oven and the cell phone; when they first came on the market, everyone was aware of them, but were unsure how the new technologies affected them. Social Networking and Media is in the same boat. It is… Continue

Added by JW Najarian on April 28, 2010 at 11:00am — 1 Comment

SIOR Index at All Time Low

In the latest press release on the SIOR Index dated January 2010, SIOR President Lynn Reich reported that the SIOR Index was slightly higher by a minuscule .2% leaving it at 35.5 points. 100 points would be considered market norm.



The press release also mentioned that 55% of SIOR members expected the market to improve in the next quarter even though 86% of members reported that prices were below replacement costs and 98% of members reported that development is down and 87% of members… Continue

Added by JW Najarian on April 22, 2010 at 12:51pm — No Comments

Bankers What's Up? - Rumors Abound About Banks. What is the Real Story?

We continually hear stories about banks not letting go of REO's. We hear they are holding them and waiting for offers above 70 cents on the dollar, based on valuation that is not realworld or what the market will bear. We hear banks have no incentives to let properties go. I have also heard that banks are willing to discount if the deal can be struck in 15 days as opposed to 60 or 90 days.



Is it true that banks have incentives to let properties go that are within weeks of being… Continue

Added by JW Najarian on April 22, 2010 at 12:30pm — 1 Comment

CREPIG Mourns the Loss of Frank Maguire a legend and CREDAA Advisery Member

In Memory of Frank Maguire: Last time I was with Frank, we had lunch at one of his favorite places. I was there to ask if he would consider joining CREDAA as an adivsory member for business related issues. Frank was so gracious as he accepted and then went on to tell me a few great jokes and a story about one of his earliest interviews. Frank will be missed as he was taken too soon. Frank was so giving as he showed up for our Feed333.org Charity in South Central Los Angeles to… Continue

Added by JW Najarian on April 15, 2010 at 11:00am — No Comments

When Will the Commercial Real Estate Market Come Back?

A recent LoopNet Poll indicated that at the end of 2009 LoopNet members were slightly more pessimistic than the previous quarter about when the market would bounce back, but still 59% believed it would happen in 2010. The other 50% believed more like 2012



Many of the LinkedIn Loopnet members disagreed with a bounce back on 2010 and most gave it at lease a 2 to 3 year span before a stabilized market comeback.



distressed assets graph One member on LinkedIn brought up an interesting point… Continue

Added by JW Najarian on April 5, 2010 at 1:30pm — No Comments

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