
01-02-2008, 11:52 AM
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| Junior Member | | Join Date: Jan 2008
Posts: 1 | |
New Member - TIC-sponsored and NNN commercial RE investments Hello all,
Happy New Year! The TIC world is still alive and NNN properties have
seen a 35-75 bp increase in CAP rates since the August/September 07
credit meltdown. Financing is harder to get but only the silly high-
leverage, IO loans are out of the picture. Although CMBS loan spreads
over the 10-year T's are still high, the life insurance industry is
making some good deals.
I continue to have access to a few off-market NNN deals if any members
are interested or have customers that might be interested.
All of us in the Real Estate indsutry are going to have to be
opportunistic during 2008 but there is a good chance that at this time
next year, most of us may be saying "2008 wasn't all that bad" and a
few "2008 was great!!" There's no reason why all of us in this group
can't be amongst that latter group!
Kevin Murphy - "The TIC man"
kevin@tbtg.biz |
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