Steve Kenosian's (skenosian) Blog

Real Estate Broker/Owner - Stateside Properties
Chinese consumers tend to cast a wary eye on monthly real estate data produced by the country’s National Bureau of Statistics, but a new method of data collection being pioneered in one of China’s hottest real estate markets may cause them to sit up and take a closer look at the figures. Read Mor...
Blackstone Group LP (BX.N) is making a $2 billion bet on one of the hardest hit areas of commercial real estate, buying properties and assembling a management team in a sign that it might take its warehouse business public. The latest real estate wager by the owner of Hilton Hotels is on warehous...
Debt investors are wagering that the worst is over for commercial real estate, driving prices on mortgage bonds to the highest in more than two years. “Investors have gotten more comfortable and have started putting money back into CMBS,” Chris Callahan, head of commercial-mortgage backed bond tr...
Churches Find the End Is Nigh: Real-estate owners aren’t the only ones losing their properties to foreclosure. The past few years have seen a rapid acceleration in the number of churches losing their sanctuaries because they can’t pay the mortgage. Read More:
Believe it or not, now's a great time to be tromping around outside checking out rural properties you might be more likely to actually use once it warms up a bit. So says Jay Frazier, Property Trax's go-to guy on questions of outdoor real estate -- hunting parcels, getaway properties, country hom...
After selling residential real estate for more than 13 years, I took the step to go out on my own and open a brokerage. While the process of getting partners was relatively easy, the process of getting them to listen ... not so much. From my experience, here are a six tips for those of you also c...
Jones Lang LaSalle Hotels announced today that $24.3 billion in hotel real estate traded hands globally in 2010 as investors made their way back into the game following the gridlocked market and economic fall-out of 2009, which marked the floor of the hotel investment market. This is according to...
Germany has overtaken the U.K. as the preferred location for investment in nonlisted real estate funds, according to a survey released Tuesday by the European real-estate investment body Inrev. "This is a dramatic change in sentiment," said Inrev's director of research and market information Lonn...
Zions Bancorporation, the best- performing bank in the Standard & Poor’s 500 Index last year, reported a ninth straight quarterly loss as it struggles with delinquent loans tied to real estate. The fourth-quarter loss narrowed to $72.2 million, or 62 cents a share, from $184.1 million, or $1.26, ...
U.S. commercial property prices rose 0.6 percent in November from the previous month, the third consecutive gain, as the economy showed signs of improvement, according to Moody’s Investors Service. The Moody’s/REAL Commercial Property Price Index climbed 2.8 percent from a year earlier, Moody’s s...

Steve Kenosian

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