Tag: commercial property

There are a variety of factors which could affect the local real estate market. Some of these factors could include recent economic fluctuations, unemployment rates and even natural disasters affecting the local areas in Michigan. However, one…

Residential and commercial real estate are two completely different markets, even in Michigan. And the economic downturn has affected each of them differently. While residential homes continue to be foreclosed on by banks, commercial real estate hasn’t necessarily had…

By Kenneth F. Silver Over the course of the last dozen years or so, many owners of commercial properties have taken advantage of a program known as CMBS (Commercial Mortgage Backed Securities) to obtain non-recourse financing at very favorable rates….