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#196947 - 01/25/08 10:10 AM some days....
Watermark Offline
Member

Registered: 10/09/07
Posts: 379
Loc: Georgia
in this up and down market, some days can be stressful and busy keeping multiple deals together, etc. etc.

But then...some days are just plain awesome and it's not even lunch time yet!

\:D

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#197001 - 01/25/08 12:25 PM Re: some days.... [Re: Watermark]
myers lemon Offline
Member

Registered: 01/18/08
Posts: 53
Loc: FL USA
Glad your having a great day! From your neighbor to the South.

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#197066 - 01/25/08 03:29 PM Re: some days.... [Re: myers lemon]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8473
Loc: georgia
Water I feel ya.This credit crunch has boiled over to to the commercial paper market and all but dried up development financing because of the basis spread and the amount of financing and pre-leasing requirements required by a lender in the deal.

This is why equity partners,and reit companies who are flush with cash are doing alot of funding deals for the developers who are too small to have there own cash for the land deals they have locked up.There is still financing but you have to have the best sites to get the anchor commitments for the big mixed-use projects.

I don't have alot of little deals right now but have 3 shopping center deals in the works and working on a few more.

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