Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (110111)	3/14/2008 5:28:02 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

SRS is the play against CRE valuation destruction... i'm in it and it is one hell of a volatile ride

To: Perspective who wrote (110111)	3/14/2008 5:30:32 PM
From: inchingup	Read Replies (1) \| Respond to of 306849

"Is there a Commercial Real Estate Crash Index thread yet?" Here's a start. Wealthy relative got into commercial in California, late 90's, as a flipper. Made $15-20MM in short time frame. In 2006 wanted to share wealth with family members and asked them to invest(not me). Latest venture according to him is about 28-30% underwater. His current valuation is based on the same mark-to-market as investment houses used. IOW, it could become another BSC.

To: Perspective who wrote (110111)	3/14/2008 5:30:39 PM
From: Smiling Bob	Respond to of 306849

You can tack ours on to that list, as soon as either the owner finds a tenant or we decide that renting at 1/2 price still isn't worth it. Probably visit the mall this weekend to remind me to rebuild position in commercial reit puts *Name withheld 1 location

To: Perspective who wrote (110111)	3/14/2008 5:33:16 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

There was a post on this thread about decline in demand for office space in major cities earlier today. In a recession there is NO DOUBT that commercial is gonna get nuked. None, zero, zip, nada....