Saunders’ path to real estate built on context, connections

LAKELAND - Dean Saunders, president of Coldwell Banker Commercial Saunders Real Estate, is considered one of the leading land sales professionals in the industry - having earned the 2008 Coldwell Banker Commercial Global Sales Professional of the Year award less than three years after joining the organization.

Saunders comes from a family with long history in Florida agriculture, but his career has taken an interesting path as he was a former Florida legislator prior to becoming the owner of a Coldwell Banker Commercial affiliate.

Many challenges part of mixed-use leasing

ORLANDO - Leasing takes on new challenges when done in a mixed-use environment, according to Mary Hurley, CCIM, LEED AP, RPA, real estate and leasing manager of Pineloch Management Corporation.

Florida Real Estate Journal recently spoke with Hurley about the unique factors commercial real estate professionals face when attempting to close lease transactions in mixed-use properties.

FREJ: Are there, in fact, some special considerations when crafting leases in a mixed-use environment?

New loan guidelines help the banks, delay recovery

New federal guidelines that give lenders more freedom to deal with challenging commercial real estate loans are profitable for the economy in the short term but ultimately prolong the recovery phase of the current downturn, according to some observers.

On Oct. 30, the Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, Office of Thrift Supervision, and the Federal Financial Institutions

Crescent Resources files plan of reorganization

CHARLOTTE, N.C. - Crescent Resources announced that the company and certain of its subsidiaries have filed a Plan of Reorganization and Disclosure Statement with the U.S. Bankruptcy Court in the Western District of Texas, Austin Division. The plan is supported by a significant group of the company’s pre-petition lenders.

Crescent expects to emerge from its financial restructuring with a significantly improved balance sheet and with substantially less debt.

Real Capital Analytics buys Real Estate Econometrics

NEW YORK - Real Capital Analytics announced that Dr. Sam Chandan, accompanied by his team at Real Estate Econometrics, has joined the firm. Chandan joins RCA as global chief economist, executive vice president, and a member of the firm’s management committee.

“Dr. Chandan has long been one of the most influential economists in the industry and we are very fortunate to now have Sam as part of the RCA team,” said Robert M. White Jr., RCA’s founder and president.