Sunday, August 10, 2008

The Commercial Mortgage Hotline: An Introduction

I would like to take this opportunity to introduce myself, my firm and my blog to those who have an interest in the commercial mortgage market, commercial real estate market or in real estate in general.

We have been in the business as a commercial mortgage lender, broker and trainer since 1990. Throughout this time markets have constantly changed, sometimes for the better and sometimes worse. We are now in an unprecedented period of flux which is causing strain, not only in my business, but the entire real estate market which in turn filters down to just about every other sector of the economy.

To be able to understand and work within the current environment, investors and industry professionals alike will be in a much stronger position once the current “crisis” comes to an end, as these crises always do. Sometimes it is quick and sometimes more protracted, but cycles come and cycles go.

As much as there are great opportunities in the property markets today, the lack of liquidity on the part of the lending institutions is making it difficult for even the most quality of buyers, let alone the marginal ones.

My purpose for writing this blog is to offer any insights that I can to those that may be struggling, as well as any tools that I think might be of help.

Today I would like to offer a group that my firm created call CommercialCapitalAlliance1. For those of you that are not familiar with Yahoo Groups, this is a completely free venue. This particular group is spam free and monitored by myself. This is its’ purpose:

Network with the 800+ members in our Yahoo Group CommercialCapitalAlliance1 (investors, lenders, property owners, mortgage brokers and real estate brokers nationwide). This group provides a place for the beginner to ask questions, an investor to ask for help in finding a commercial mortgage lender, lenders to present the programs that they offer, property owners to offer commercial property for sale, investors to describe the type of commercial property they are looking for as well as any other insights that members may have into the markets. It is free to join and completely monitored and spam free.: http://finance.groups.yahoo.com/group/commercialcapitalalliance1/join

Once again, I am happy to be a member and look forward to any comments readers may have.

Mike

Michael Haltman, President
Commercial Capital Alliance/Exeter CommercialLLC
Commercial mortgage trainers since 1990
131 Jericho Turnpike, Suite 202
Jericho, New York 11753
516.741.8880 (O)516.741.6838 (F)
www.thecommercialcapitalmortgageseminar.com
www.easycommercial.com
haltman @ easycommercial com

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