July 2015

Commercial mREITs See Lending Opportunity as CRE Loan Volumes Soar and Banks Reach Limits

      “Do not worry about your difficulties in Mathematics. I can assure you mine are still greater.” -Albert Einstein   Latest REIT Entering the Mortgage Arena Backed by Government of Singapore Investment Corp. The Government of Singapore Investment Corp. is getting ready to jump into the U.S. non-bank lending sector. Through its GIC …

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Check out the world’s top 10 biggest tourist destinations.

    “It is a miracle that curiosity survives formal education.”  -Albert Einstein    Forbes / Andrew Bender Quick: what’s the world’s most visited city? London? New York? Try Bangkok. Yuwa Hedrick-Wong, one of the Global Destination Cities Index’s authors, and co-author Desmond Choog looked principally at “air travel connectivity,” the number and frequency of flights …

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Phoenix AZ  Metro – Weekly Apartment Closing Update through July 3, 2015

    You miss 100 percent of the shots you never take. —Wayne Gretzky   Phoenix AZ  Metro – Weekly Apartment Closing Update through July 3, 2015 http://campaign.r20.constantcontact.com/render?ca=49e855ce-c6d1-4d53-9a04-b0bdc89b8c8e&c=d05b5730-3389-11e3-b1f0-d4ae5275396f&ch=d1074ea0-3389-11e3-b3a6-d4ae5275396f   E-Zine FOR THE WEEK ENDING July 1, 2015  Q1 2015 Apartment Owners Newsletter      http://klcommercialgroup.com/wp-content/uploads/2012/09/Q1-2015-Metro-Phoenix-Apartment-Owners-Newsletter.pdf Walter Unger CCIM Kasten Long Commercial Group Links to our …

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Exclusive: New $47M Scottsdale condos to have private VIP nightclub

    History is the version of past events that people have decided to agree upon. ~Napoleon Bonaparte       Jul 6, 2015, 4:00pm MST Updated Jul 7, 2015, 8:06am MST Mike Sunnucks Phoenix Business Journal A new $47 million condominium development in Old Town Scottsdale will include an in-house nightclub. The residents-only Black …

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2Q15 QMT Report CCIMs Report Lower Cap Rates and Higher Rents for Retail Transactions

          “As a general rule, the most successful man in life is the man who has the best information” Benjamin Disraeli Pdf: 2Q15 QMT Report CCIMs Report Lower Cap Rates and Higher Rents for Retail Transactions   Posted July 7th 2015 CCIM Members Report Lower Cap Rates and Higher Rents for …

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Kasten Long Commercial Group –  E-Zine FOR THE WEEK ENDING July 1, 2015

                  “When I read about the evils of drinking after golfing I gave up reading.” Paul Horning       You miss 100 percent of the shots you never take. —Wayne Gretzky     E-Zine FOR THE WEEK ENDING July 1, 2015 http://campaign.r20.constantcontact.com/render?ca=914a79ab-62a5-4870-b8f3-36e91f8081c0&c=dc382510-3389-11e3-b769-d4ae5275396f&ch=dd03d980-3389-11e3-b8c0-d4ae5275396f       Weekly …

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Infill developer sells BLM National Training Center for $10.6M

          A dream doesn’t become reality through magic; it takes sweat, determination and hard work. Colin Powell       Jul 1, 2015, 11:35am MST Mike Sunnucks Phoenix Business Journal     Infill developer Davis Enterprises has sold a Phoenix building that houses the Bureau of Land Management’s National Training Center for $10.6 million. Davis …

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Super Bowl XLIX generated $295M in direct spending, $719M in overall impact

      BEER: HELPING UGLY PEOPLE HAVE SEX SINCE 3000 B.C.! C. Fields     Jun 23, 2015, 1:51pm MST Updated Jun 24, 2015, 9:50am MS Mike Sunnucks  Phoenix Business Journal Super Bowl XLIX generated $719 million in total economic impact for greater Phoenix, according to new numbers released Tuesday from Arizona State University’s W.P. Carey …

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Arizona – Monsoon 2015 is here – Are you ready? ‪

      “I feel sorry for people who don’t drink. When they wake up in the morning, that’s as good as they’re going to feel all day.” Winston Churchill   Monsoon 2015 is here / video 1 https://video.fphx1-1.fna.fbcdn.net/hvideo-xtf1/v/t42.1790-2/11428532_10207036346445428_1181363769_n.mp4?efg=eyJybHIiOjM5NywicmxhIjo1MTJ9&rl=397&vabr=221&oh=cd45640fd7c528eba55f4ffbefa4a6d0&oe=5593D3BE   Monsoon 2015 is here / video 2 https://video.fphx1-1.fna.fbcdn.net/hvideo-xta1/v/t42.1790-2/11398516_811496565633220_1648433376_n.mp4?efg=eyJybHIiOjc2MywicmxhIjo1MTJ9&rl=763&vabr=424&oh=e5ce46a3a9950605728dce4c0b34b200&oe=5593D33B   I am actively looking to build …

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