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Starting Off 2018 Just Right
As we enter the first few months of 2018, a good term for us to be operating under could be "cautious optimism." Keep looking for more opportunities, but always make wise, intelligent decisions based upon sound fundamentals.
Statesman Journal 2018 Best of the Mid-Valley
Coldwell Banker Commercial has been nominated in the Statesman Journal Best of the Mid-Valley in the Commercial Real Estate Agent category.
Raising Capital for Commercial Real Estate Investments
There is a lot of activity going on in Salem and the valley in commercial real estate. I’m surprised when people come up to me expressing a desire to get involved and possibly purchase an office building or lot but are sure they won’t have the cash. While these can cost a chunk of change, there are ways to get...
How Fractional-Reserve Banking Really Works
When you are thinking about investing in commercial property, you are probably talking about big numbers. While your broker can help you with some of the complicated banking, the more you learn as a consumer, the better for you.  Fractional-reserve banking is a term you may have heard. It sounds complicated (and it...
Understand Timing of Phase 1 Environmental Assessment Report
Just when you think you are ready to buy or sell there is always “one more thing.”  Over recent decades, getting a Phase 1 environmental report completed has become the norm when buying and selling commercial property.  
How the Local Economy Impacts Real Estate
In Salem, state government is our largest employer.  What is interesting is that the state owns a great deal of Salem’s available land yet pays no property taxes to Salem.  This has long been an issue for city officials and Salem’s legislative representatives, but the problem has not been solved. 
Today's Interest Rates Aren't Making Sense
In talking to colleagues they have agreed that in recent years the overall numbers haven't been making as much sense.  The inflation rate is low, but cost of food and housing has gone up.  That leaves us scratching our heads and asking why.  
CBCMWRE Named Gold for Second Consecutive Year
Group Photo at Riverfront Park in Salem, Oregon. 
Is It Now Time to Sell or Hold Onto Your Commercial Real Estate?
There are already signs warning us of a downturn. For example, when cap rates have been decreasing on investment properties, (and they've now plateaued and they haven't been getting lower for a while) it is possible that we have hit the market peak. History tells us that the next major move will most likely be down. 
Why Overpricing Your Property Can Be Fatal
Our region has a lot of vacant commercial property on the market, but it still can be hard to find that perfect space.  When pricing the space, your real estate professional is your best resource.   Sometimes, owners think that initially setting the square foot rate high is a good strategy.  This can be problematic...