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Waiting for
"distressed" properties?
In the early 90's,
bank failures lead to a significant amount of "distressed"
properties offered to the general public at what was
perceived to be "distressed" pricing. The market is
the market. Whatever a buyer is willing to pay and a
seller willing to accept for a property is the market.
There are no "distressed" properties, only properties priced
for a difficult market. The FDIC has learned many
lessons from the early 90's. They are now willing to
allow banks to maintain loans on assets that have fallen
below the loan value of the asset providing the owners and
bad news for buyers waiting on the sidelines. The
experts disagree about the direction of the market, however,
one thing is certain: good real estate is good real
estate. Right now, prices are at their best levels
since 2003. The opportunity to acquire performing
assets, at deeply discounted pricing, already exists.
Call Tom to share your requirement @
203-755-4455
Welcome to Tom Hill Realty &
Investment LLC. Our commercial real estate firm serves
all New Haven, Fairfield, Litchfield, and Hartford
counties. I have 30 years of experience as strictly a
commercial real estate practitioner. As one of only 350
dual designees in the world, holding both the CCIM and
SIOR designations, I know how to find and manage your
transaction or problem solving solution in Greater
Waterbury, Litchfield County, or obtain the right
connection for you worldwide. I have completed
assignments in nearly every facet of commercial,
industrial and investment real estate. Not everyone
needs a real estate transaction today, so please refer
to my "Consulting" section for counseling / advisory
services. My WATR radio broadcasts are posted on my site
as well as on ITunes, as you may find them helpful.
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FEATURED
PROPERTY |
Litchfield County - Popular
brew pub / restaurant with major entertainment
venue next door. 200 +/- shows per year.
Seeking a sale or equity partner.
Infrastructure is all new.
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CALL: Tom Hill III ~
203-755-4455 |
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Why Choose a
CCIM?
The Certified
Commercial Investment Member (CCIM) designation is
awarded to a very elite group of commercial real estate
professionals by the Commercial Investment Real Estate
Institute. The designation is earned after completion of
an education program
 administered
by the Institute covering all aspects of commercial
investment real estate; passing stringent written
examinations; and completion of a required number of
hands-on commercial real estate transactions. The
average CCIM Designee has over 10 years experience.
Since the CCIM program was launched 35 years ago, less
than 6% of over 125,000 who have entered the program
have earned the CCIM designation. Today, there are to
date, 9,741 CCIM Designees located in 1,000 markets worldwide.
Call Tom Hill III, for expertise in all aspects of
commercial real estate, and/or advisory services.
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