NAR Treasurer Bill Armstrong explains why when it comes to commercial real estate, the concept of lenders having "skin in the game" by holding them partially responsible for loans, doesn't work and could actually harm the industry.
In just about a week, Congress returns to Washington. NAR Treasurer Bill Armstrong highlights three commercial issues they must address to ensure the commercial market can recover as quickly as possible: lease accounting, liquidity, and term extensions.
In this month's edition of the Commercial Podcast, NAR Treasurer Bill Armstrong updates members on the industrial sector. He discusses the increased demand for industrial space—from 11.2 million square feet in 2010 to 126 million square feet in 2011—and provides insight on the increase in U.S. manufacturing and exports.
NAR Treasurer Bill Armstrong updates members on a policy proposal that could be disastrous for commercial real estate. It's called QCRE, and it refers to "qualified commercial real estate" loan standards proposed by the Dodd-Frank Financial Reform Law.
In this month's edition of the Commercial Podcast, NAR Treasurer Bill Armstrong urges all REALTORS® to answer the Call for Action on the MID. He also updates members on the commercial market forecast and our work to bring prosperity back to commercial real estate.
In the April 26, 2011, edition of the commercial podcast, 2011 NAR Treasurer Bill Armstrong reports on three important wins REALTORS® gained recently concerning lease accounting rules, refinancing commercial loans, and the repeal of the 1099 rule.