https://flic.kr/p/JBfdgq Tale of Two Commercial Banks The big commercial banks started reporting earnings last week and to hear it from them, things are getting worse. Even Goldman, which beat estimates today, still had a net profit down 48% in the second quarter. When you hear Jamie Dimon, president of JP Morgan/Chase-the biggest of the main […]
Invest in Commercial Real Estate Now?
Invest in Commercial Real Estate Now? Yes, it is a line in the movie, Wall Street, but it really is a good practice. Don’t let your emotions get the best of you when investing. As I write this on Monday morning, the futures are down huge, pointing to more losses on wall street after a […]
What we are Lending on Now!
Rates have gone up but not as quickly as residential rates and businesses are still expanding as you will see in the loans below… $2.4 Million Purchase of a Sushi/Hibachi Company-Business Only Location: FL This was a 34-year-old successful restaurant/bar whose founder was retiring and wanted to sell it to his long-time managers. A business-only transaction, no real […]
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