Hello Falk,
I've just decided to register with Creo Point. I am a real estate professional with a property investment and development projects background in Belgium and the Gulf countries. I am planning to set up a property investment advisory firm to guide buyers and sellers in their property investment & development process and source attractive property investment opportunities for clients to make their property strategy happen.
Hope we can share, discuss and explore mutual opportunities and eventually create forms of synergy.
Falk hi hope this finds you well. You look happy in this new picture... I will try to arrange a get together of CREOPoint members going to Mipim. Will you be there? A bientot de toutes manieres, Jean-Claude cell +1 914 310 4189
Are you still looking at Russian market, given the current situation?
We are starting to see some distressed projects in Moscow and prime cash flow properties in large regional cities, selling at significant discounts (>15% cap rate, but could go even higher over the next weeks or months, as the weakest players will soon be pushed to sell their best assets.)
How have your investors been looking at CIS / Russian market over the past weeks?
Bonjour Falk, just a heads up that Commercial Property News is about to announce that they have selected CREOPoint as their online community partner.
As part of this alliance, Robert White Jr., founder & president of Real Capital Analytics Inc. and the keynote speaker at CPN's New York Investment conference on November 14, just opened a discussion with the industry on CREOPoint.
Bob has also shared very interesting thought leadership about Global and US Capital Trends as an attachment to http://creopoint.com/forum/topics/a-conversation-with-bob-white.
Commercial Property News and RCA will soon be going to be reaching out to members of our CREOPoint Capital Markets, Financial Crisis and Distressed Assets groups as they might be interested in the conversation about:
- What CREOPoint members are witnessing in the current marketplace?
- Will capital flows pick back up in the near future and where will they come from?
- With opportunities (and yields) increasing in primary markets like Manhattan and London, will capital flow trends towards emerging markets reverse?
- Is there really a pricing "floor" which will trigger increased investment? And are we near that figure?
However, given your professional interest and involvement on CREOPoint, we wanted to give you a chance to be among the first ones to address one or more of the questions Bob raised. Feel free to also ask questions directly on http://creopoint.com/forum/topics/a-conversation-with-bob-white.
Should be interesting and fun, I look forward to seeing you there. Best, JC
Bonjour Falk, hope you had a chance to relax a bit after this crazy week. I did not anticipate such changes in the banking and real estate when I founded CREOPoint.com five months ago with former executives from Citibank, Morgan Stanley and E&Y. Many of our friends on CREOPoint.com are concerned about what this mess could mean to them and to their clients. Others feel like that can only rely on themselves and need to network more. Our response has been to create a “global financial crisis group” on CREOPoint. I personally look forward to your views on http://creopoint.com/group/globalfinancialcrisis. Best, JC
At 10:27am on September 2, 2008, Falk Wisinger said…
Thanks Simon, we're interested in purchasing Class A office in the US's North-East corridor. City Investments's New York-based associate Oliver Euchner is presently sourcing opportunities in New York, New Jersey, Boston, Washington, Philadelphia and also Chicago. Our clients for the US include two German open-end funds and also a Paris-based fund manager. Investment volume in excess of $80m and up to $250m. Property let at market rents and good covenants on long-term leases. Our investors apply lower leverage, hence bank financing is available to them. They are prepared to pay market yields. Do send through teaser materials in case you think an opportunity may be suitable. I am a big friend of working on concrete deals in order to "separate the chaff from the wheat" and in order to get to know one another.
We are pursuing a number of off market opportunities in NYC, mainly office. Let me know the investment criteria of your clients, and perhaps there is something that may be worth pursuing together.
We're looking to invest for a number of German institutional clients in US commerical property mainly in the US's North-East corridor. Perhaps something to explore together...?
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Excerpts from Steve's July 30th blog
"Some interesting takeaways I saw on CREOpoint.com. They have been hosting 'impromptu' get-togethers of CREOpoint members in various cities and the topics of discussion are pretty wide-ranging. But one topic…
Excerpts from Steve's July 30th blog
"Some interesting takeaways I saw on CREOpoint.com. They have been hosting 'impromptu' get-togethers of CREOpoint members in
various cities and the topics of discussion are pretty wide-ranging. But
one topic…
The number of homeowners missing their first payment on their mortgage declined from May to June and number of loans in foreclosure was flat at nearly 2 million. Delinquencies and Foreclosures remain stable but elevated with two loans deteriorating…
What techniques are pros using to evaluate possibilities for a really difficult distressed industrial property? What supply/demand factors do you look at and in how much depth?
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I've just decided to register with Creo Point. I am a real estate professional with a property investment and development projects background in Belgium and the Gulf countries. I am planning to set up a property investment advisory firm to guide buyers and sellers in their property investment & development process and source attractive property investment opportunities for clients to make their property strategy happen.
Hope we can share, discuss and explore mutual opportunities and eventually create forms of synergy.
Best regards,
Elie
Are you still looking at Russian market, given the current situation?
We are starting to see some distressed projects in Moscow and prime cash flow properties in large regional cities, selling at significant discounts (>15% cap rate, but could go even higher over the next weeks or months, as the weakest players will soon be pushed to sell their best assets.)
How have your investors been looking at CIS / Russian market over the past weeks?
David
As part of this alliance, Robert White Jr., founder & president of Real Capital Analytics Inc. and the keynote speaker at CPN's New York Investment conference on November 14, just opened a discussion with the industry on CREOPoint.
Bob has also shared very interesting thought leadership about Global and US Capital Trends as an attachment to http://creopoint.com/forum/topics/a-conversation-with-bob-white.
Commercial Property News and RCA will soon be going to be reaching out to members of our CREOPoint Capital Markets, Financial Crisis and Distressed Assets groups as they might be interested in the conversation about:
- What CREOPoint members are witnessing in the current marketplace?
- Will capital flows pick back up in the near future and where will they come from?
- With opportunities (and yields) increasing in primary markets like Manhattan and London, will capital flow trends towards emerging markets reverse?
- Is there really a pricing "floor" which will trigger increased investment? And are we near that figure?
However, given your professional interest and involvement on CREOPoint, we wanted to give you a chance to be among the first ones to address one or more of the questions Bob raised. Feel free to also ask questions directly on http://creopoint.com/forum/topics/a-conversation-with-bob-white.
Should be interesting and fun, I look forward to seeing you there. Best, JC
Thanks for the invitation. Certainly drop a line if your clients have an interest in Asia.
Best regards,
Josh
...and thanks for accepting my invitation...
We're looking to invest for a number of German institutional clients in US commerical property mainly in the US's North-East corridor. Perhaps something to explore together...?
Falk
Thanks for the invite, look forward to doing business with you in the future.
Very impressive cv
best regards
Jennifer