Phil Dunning
About Jared
Retail Leasing
Commercial
 
 
Commercial Real Estate Las Vegas, Nevada
Phil Dunning and Jared Bergquist can find what you are looking for.
Visit the Featured Listing page for our featured commercial properties.
 
It takes a skilled and knowledgable salesagent to work commercial real estate in Las Vegas. Phil Dunning has local market knowledge and can help find the best deals for sales or leasing. Phil works with buyers/lessees and sellers/lessors, he can represent either party or both parties. To start the process of finding the right property or buyer contact Phil at 702-917-1507or phil@mdlgroup.com.

 



Commercial Insight
 
 

Commercial real estate has been great for the past five years and has had it really good for the past two.  Returns in the commercial market have been greater than other capital markets and lending was made extremely easy.  Now the capital markets are catching up with commercial real estate, cap rates will not continue to compress, conversely they will rise as the capital markets come up.  Finding good returns will take a little more work and expertise that comes with market knowledge and education.  Alternative investments and alternative structure has been expanded on and are becoming more sophisticated.  For 2007, new frontiers and creativity will become the approach for investors and users.  The US economy remains strong but may be slowing a little, the gross domestic product is expected to be stable at 2.5% for 2007.  Consumer confidence has dipped a little due to slowing housing market and volatile energy prices, but unemployment is low, consumer spending is high, and inflation is in check.  Interest rates have stabilized and business returns are higher than expected.  Businesses have continued spending and investing.  Record amounts of capital entered into the investment market.  Valued at $26 trillion and $14 trillion, the US stock and bond markets continue to attract more interest.  The institutional-quality real estate market has increased to approximately $4.2 trillion in 2006, an increase of about 20% over 2005.

 

Strong returns in commercial real estate have been a function of net asset value increases and not of net operating income increases.  The space market is improving and that will increase the NOI as we enter into a more space market.  Commercial real estate in 2007 will continue to strive but investors will need to be selective to find investments in growing markets that have potential to increase NOI faster than expenses.  Having a real estate practitioner educated in commercial real estate will be an asset to your portfolio. For my opinion for industrial real estate, visit my industrial web page.  For more information on office go to my office page. The Retail segment is growing in Lake Havasu due to the new mall.
 
I am a CCIM candidate working to finish the course and earn my designation. CCIM is a great tool for investors and real estate professionals alike. Contact me for more information.
 
 
 
For more information contact me.


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Phillip Dunning REALTOR®
phil@mdlgroup.com
Cell 702.917.1507

Jared Bergquist, CCIM
jared@mdlgroup.com
Cell 702.521.9953

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