In this credit crisis we haven’t seen widespread commercial real estate foreclosures and default…so far. But that doesn’t mean the sector is impervious to distress.
The Wall Street Journal reported:
One sliver of the commercial-lending market — securitized mortgages — carries a delinquency rate of 0.54% representing $4.6 billion, according to credit-rating firm Realpoint LLC. Some analysts [...]
Did you know you can invest your IRA funds in commercial real estate?
We recently had a conference call with Rob Spalding of PENSCO Trust. PENSCO holds IRA funds used for alternative uses like real estate investment, or as they call it “Self Directed IRAs”.
Listen in on our call to learn more about what you can [...]
Today I’m at a 75,000 +\- square foot commercial space that my client is foreclosing on. This property is located in the Boott Mills in Lowell, MA.
It is highly likely that we are going to see an increase in commercial property foreclosures over the next several years. If you are liquid this is a [...]
Believe it or not, IRA investing in Real Estate is one of today’s hottest topics for generating wealth–tax deferred or in some cases tax free. On Friday, October 10, we had the privilege of hosting a conference call with Rob Spalding of Pensco Trust Company, a New Hampshire chartered, single-service special asset custodian for self-directed [...]
Money...It seems to all anyone cars about these days
Wednesday, October 29, 2008
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