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Finance
Posted: May 7, 2008
Wells Fargo ranked #1 in commercial real estate/multi family
For the third consecutive year, Wells Fargo & Co. ranks #1 in commercial real estate/multifamily origination volume by number of transactions, according to the Mortgage Bankers Association (MBA).
In 2007, Wells Fargo originated 11,692 commercial real estate and multifamily transactions, more than double its closest competitor. Wells Fargo was #1 in total dollar volume as an intermediary with $32.5 billion (including Wells Fargo's Eastdil). Wells Fargo also was #1 in lending in the office sector (2,390 transactions, $29 billion); industrial sector (2,446 transactions, $5.7 billion); and #1 in the hotel sector for transactions (573).
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Finance
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Columns and Thought Leadership
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Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski
Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
Are appraisers on the same page as the assessor? - by Richard Seman
The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
