Monthly Archives: December 2010

UrbanLand Magazine News

Regional Spotlight: Southeast With Florida and Georgia experiencing major shifts in the real estate sector, developers, designers, and financiers are adapting to the new economic landscape and targeting niche markets, as well as exploring untapped ones, while remaining optimistic about the region’s future prospects. For the full article, click here.

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December 7th Sponsor Breakfast Recap

Over 50 ULI Charlotte Annual Sponsors gathered a the Charlotte Country Club for our semi-annual Sponsors-Only event.  In a discussion lead by Chris Williams of Wells Fargo Advisors & the Carolina Business Review, and a panel consisting of David Howard, Charlotte City Council, Member-At-Large, Ric Killian, North Carolina State Representative, District 105, Dan Clodfelter (D), North Carolina Senator, and Jennifer Roberts, Mecklenburg Co. Commission, Chairman At Large, discussed critical issues impacting our region.  Some of the lessons learned from the event included: “Laws are like sausages — it is best not to see … Read More

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ULI Real Estate Business Barometer – December 2010

This month’s data remain weak and offer little to support broad-based momentum in either the economy or the real estate market. The few instances of positive figures are encouraging, but they are not yet of sufficient quantity and the numbers are not at a high enough level to point to robust recovery. • For the full article, click here. • For the December Barometer, click here.

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UrbanLand Magazine News

Maximizing REO Asset Profits With the seismic rise of commercial real estate loan defaults, many lenders have become reluctant owners of real estate–owned assets (REOs). Taking ownership of nonperforming real estate holdings is often considered a last resort, mainly because financial institutions do not have the resources and experience to manage and operate them while maximizing their value. Lenders often want to get the properties off the books as soon as possible at fire-sale prices. For the full article, click here.

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