The 10th Anniversary US Real Estate Opportunity and Private Fund Investing Forum in NYC.

Please review the following to learn about the highlights, we learned from this excellent Forum

• There is a lot of money sitting on the sideline
• Business expansion sitting on sidelines to see how new government might change the
"rules" (healthcare, taxes, capital gains, etc)
• Concerns about inflation, even though Real estate is a good hedge against inflation
• Most people seem to think we are still in the early stages, maybe the 3rd inning
• Leading indicators that we are coming out of this will be jobs, housing, and consumption
• Some think the recovery may be a jobless recovery
• Unemployment is really 16.5% when you include white collar workers not on unemployment and part -time workers looking for full-time jobs
• Some think the recovery will be a very wide "U" and not a "V"
• Housing market sales to stabilize in mid to late 2010; housing pricing should also bottom in mid to late 2010
• Housing ahead of the rest of the market in correction
• The baby boomer average age is 54 and peak spending age is 48; changing demo and age factor of baby boomer will slow consumer spending for several years
• Heard varying numbers but there is approx. 1.5+/- billion? in loans coming due in the next couple of years and estimates are that as much as 2/3rd's will not be refinanceable
• Markets that people seem interested in are the Southeast, Southwest, New York City, Boston, Raleigh, Texas, Pacific NW; interested in looking at where people want to live
• 40 year average of cap rates is approx. 7.8% and expect them to go higher over the next few years (9 to 10)
• On any future near term loans the banks will be looking for recourse and will make loans based upon 50% to 60% true LTV
• Banks are getting approx. $.45 to $.55 on the dollar on portfolio sales
• Banks are getting approx. $.55 to $.65 on the dollar on single asset sales
• Banks are getting approx. $.65 to $.75 on the dollar when they list and sell with a broker
• Most portfolio offers coming in at $.30 to $.40 on the dollar; still a wide gap between the ask and bid
• Most banks can not afford to take these kind of hits
• 20% of banks hold 80% of bad debt
• Smaller local banks more likely to trade assets
• FDIC currently has over 300 Banks on its watch list
• 2009 failure of 39 banks and thrifts
• Estimate that another 50 banks and thrifts will fail by end of year
• FDIC in temporary slow down; short staffed
• End of 3rd Qtr should see a pick-up in FDIC activity
• FDIC probably looking to do bigger auction sales; this may limit the number of qualified buyers
• Fee deals are few and far between but think there is a real opportunity to structure JV deals so banks can participate in the upside
• No flashing buy signals in any asset class now; everybody looking for opportunistic buys
• Most people think it is going to be a buyers market for several years we are still not at the bottom (which is impossible to guess) and the bottom will be asset class by asset class; multifamily most difficult to forecast, office and hotels are a disaster
• Grocery anchored retail still of interest and they are financeable
• Too many malls and too many strip centers
• Some think traditional malls and department stores are a dying breed; Power Centers are a dirty word
• Plenty of surplus and excess space and rental rates will probably continue to drop
• Retailers showing signs of year over year declining sales
• Everybody struggling to pay rent; concessions being asked for on a daily basis
• Numerous tenants (national, regional and local) filing for bankruptcy
• Virtually no new net demand
• When buying distressed centers look at location and try to decide what caused failure (changing demos, etc.)
• Lenders and owners are going to take a closer look at tenant credit analysis
• Recovery 2-3 years away on retail side
• Hotel overall market is very bad
• Hotel occupancies down 20-30%
• In-fill locations are the best opportunities
• Hotel branded assets have better upside; day of unbranded hotel is all but dead
• Resort Hotel market getting crushed
• Casino Hotels have a high barrier to entry; however they are starting to see big market hits
• Wide gulf between the bid and ask in the hotel market
• Bottom maybe 12 -18 months away for the hotel market
• Consensus that it is still too early to enter the hotel market by buying distressed assets
• Condo-Hotels a disaster and thinks you may be able to buy between $.10 to $.15 on the dollar; average hotel room is 450sf and average condo-hotel is 1200sf
• Hotels are operating businesses and not just a real estate play
• Public distress like a foreclosure greatly impacts Hotel NOI
• Key if entering the market is capital for infusion
• Land can be worth less than nothing due to development agreements, CDD fees, etc
• Land valuation very subjective
• Valuations based upon estimated hold periods
• If site has zoning, water, sewer, some infrastructure there is probably some value
. Big disparity in land between bid and ask
• Some think self storage looks to be recession proof
• 53,000 self storage facilities in US; most locally owned
• Seems to be equity available for smaller deals

For more information about this conference & Forum contact Troy Fowler @ 305.206.0349

HALLANDALE BEACH Home: SOLD!

Please contact Troy Fowler at 305 206 0349 for more info about real estate auction or watch the video below.





You can also visit http://www.auction-generation.com/.

SOLD at AUCTION!

Auction Overview Video

In today’s slowing real estate marketplace, having the option to spotlight your property and maximize visibility is a critical benefit to getting it sold. It is, by far, the best possible method of attracting as many possible buyers on a single day and using a competitive bidding process to achieve the highest possible sale price.

REAL ESTATE PRICES TOO HIGH WITH THREE YEAR SUPPLY

In Wednesday’s New York Times, the business section featured an article about real estate auctions and the prices that were being offered for properties in major cities throughout the country. I focused specifically on Miami, since our auction company is based in Miami. A graph at the bottom of the page depicted income to value ratios of 6 major cities, including Miami. Miami ranked the third worst city when determining affordability of housing.

The point being that Miami and much of Florida still has a way to go in the form of further price reductions to be in line with much of the rest of the U.S in housing affordability. This will play a major factor in helping us to return to a normal sales cycle. This in large is determined by the amount of available housing on the market. At the moment Miami Dade has close to a three year supply of housing on the market. A healthy supply of available housing is considered to be 6-9 months by many industry experts. Obviously we have a very long way to go to achieve these ratios.

I continue to promote the auction method as a key sales alternative to move inventory and accelerate the sales cycle so we can achieve a healthy housing market once again. As most of already know, Florida is heavily dependent on housing and tourism as key indicators of our economy.

I do not think many of need to be convinced that consumers will not be able to or have the desire to re enter the market or spend until our confidence in the housing market returns. Let’s get to work and promote auctions to help us move towards stabilizing this crisis. As a strong partner with Realtors, we provide a 3% payout to co broker any sale and make it very affordable for the seller to auction. For more information, please call Troy Fowler at Auction Generation. He can be reached at 305-206-0349 or visit the company web site at www.auction-generation.com to learn more.

AUCTION GENERATION/ More info about Troy Fowler

Go to http://activerain.com/blogs/troyflorida for more info about Troy! and next auctions.

Hallandale Beach Home Auction

Address: 817 NE 2nd Street, Hallandale Beach, FL

OPENING BID: $120,000.00

Handyman CBS home. East of US1 on quiet street minutes to the beach. 3Br/2Ba. One Bedroom has seperate entrance. Family room. Newer roof.

Close to GulfStream Park and Casino as well as the new Village at Gulf Stream Park (upscale shopping mall).

The entire area is being redeveloped as a part of the city's master plan. This home is a great starter home or a wise investment.

Auction date: Sat. March 7th at 12:30 PM. Pre offers encouraged.

Broker Participation: 3%

Open house every Sat. & Sun. between 12:30pm & 4:00pm.
Easy showing (Lock Box), please contact Troy Fowler Lic. Real Estate Auctioneer (#AU3595, #AB2717, AARE, CES) at 305 206 0349

You can also visit http://www.hallandalehomeauction.com/ for more info and photos !

Auction Hallandale Beach 3/2 Opening Bid: $120,000

817 NE 2nd Street, Hallandale Beach


Auction date: February 28th, 2009 @ 12:30pm


Handyman special 3Bd/2Ba (1,600 SqFt). Nice neighborhood close to beach. Out of town owners - Must be sold!





Call Troy Fowler at 305 206 0349 Lic. real Estate Auctioneer (#AU3595, #AB2717, AARE, CES)

REAL ESTATE AUCTIONS GAINING FAVOR AS A SELLING ALTERNATIVE

Selling real estate is still viewed as one of the most challenging and often lengthy transactions in the marketplace. Each step, from pricing the property to identifying potential buyers, negotiating, etc. can often create circumstances that unravel a deal or create frustrations at a minimum. As a result, auctions have become a rising star in the field of real estate to help eliminate many of these challenges and foster a smoother, faster and more seamless process to closing a real estate transaction.

In a trend that is growing nationwide, property owners are finding that auctions can dramatically reduce the amount of time they must wait to find qualified buyers who are ready to purchase for an amount that they will accept and at an exact day and time they choose. It is currently estimated that 5% of all real estate transactions are currently auctioned. That number is expected to increase to 30% by 2010.

Once viewed as a last attempt to unload property during desperate circumstances, auctions are now becoming a much more viable alternative to market and sell properties quickly and efficiently. One of the best advantages of a well marketed real estate auction is that it can expose the property to a large number of pre-qualified prospects and minimize the length of time that a property must be shown to find a buyer. Another advantage to the seller is that a buyer's premium is of part of the sales transaction, thereby offsetting marketing and other selling costs from the seller.

For buyers, auctions create both excitement and a chance to purchase at below the highest market value. Buyers understand that they are competing fairly and on the same terms as other buyers and long negotiation periods are eliminated.

Types of Auctions

.Absolute Auction: An Auction where the property is sold to the highest bidder with no limiting conditions or amount. The seller may not participate directly or indirectly.

.Reserve Auction: An auction in which the seller reserves the right to establish a reserve price. He or she may choose to accept or decline any and all bids or to withdraw from the auction at anytime prior to the announcement of the completion of the sale by the auctioneer.

.Minimum Bid Auction: An auction in which the auctioneer will accept bids at or above a disclosed price. The minimum price is always stated in marketing materials and is also announced at the auction.

.Sealed-Bid Auction: This sales method utilizes confidential bids, which are submitted to be opened at a predetermined time and place.

To learn more about the auction process or to see if your property you might benefit from participating in an auction, please please call Troy Fowler (lic. Real Estate Auctioneer #AU3595, #AB2717,AARE) at ((305 206 0349) or visit http://www.auction-generation.com/

Auction UNDER CONTRACT Davie, 10acres

Auction under contract! Land Davie 10 acres

Call Troy Fowler @ 305.206.03.49 for more info!

or visit www.Auction-Generation.com

AUCTION Davie Land 10 acres Opening Bid 500K!

Don't miss out on this incredible Auction Nov. 21st

10 Acre Vacant Land Site. Seller very motivated 2% Broker Coop.

2175 SW 148th Ave, Davie FL - Zoned Residential.

Please visit www.DavieLandAuction.com for more info! Or call Troy @305.2060349

Nov.21st at 12:30pm: Land 10 acres, Davie Florida

AUCTION 10 ACRE Davie, FLORIDA OPENING BID: 500K

Don't miss out on this incredible auction! 10 acre Vacant Land Site 2175 SW 148th Ave, Davie FL November, 21st at 12:30pm 2% Broker Coop.

Great opportunity! Please visit http://www.davielandauction.com/

Call Troy Fowler at 305 206 0349 today!

Land Auction Davie, Florida 10 acres Opening Bid: 500K Seller very motivated

GREAT DEAL. Auction Land Davie, Florida: Nov. 21st at 12:30pm. Opening bid 500K !!!! 10 acres land.

Land Auction 10 acres in Davie. Opening Bid $500,000. November 20th, 2008 at 5PM (Absentee Bid Deadline) November 21st, 2008 at 12:30PM (Live Bid Auction)
Call Troy Fowler for more info @ 305 206.0349, 7 days remaining to register! or visit http://www.davielandauction.com/

This property is suitable for approx. 8 - one acre home sites. Partial platting completed. Excellent opportunity for Investors, Developers/Builders. "Sold as is". Must be sold.
IDEAL INVESTMENT OPPORTUNITY FOR DEVELOPERS & INVESTORS

Don't miss this opportunity to own a prime 10 acre site in an excellent Davie location. This parcel is located close to beautiful gated communities with upscale homes and sits next to the Town of Davies's equestrian trail. This property is zoned residential and suitable for the development of 8-9 one acre home sites. Both the platting and site plan are currently in progress .Site plans are available.

The property has a small pond and it includes numerous fruit and palm and exotic trees to create a beautiful landscape. Partial clearing of the outer areas of the property adjacent to 21st street have been completed.

This 10 acre parcel is located is centrally located to shopping, expressways, major several neighboring upscale, gated communities.

This auction will offer any buyer whether it is a Developer, Investor or Individual Home Owner the chance to purchase this unique property for an excellent price!

IDEAL OPPORTUNITY FOR A PRIVATE OWNER/INVESTOR

This beautiful 10 acre property could also be an excellent choice for an individual or family who is seeking tropical retreat in the heart of a highly desirable Davie location.

It is ideal for nature lovers, horticulturalists and those seeking a private refuge loaded with beautiful setting. The landscaping includes. Palms, Royal Poinciana's, Ficus , Hong Kong Orchid trees and many tropical fruit tress including citrus, mango, star fruit, lychee, macadamia, guava, banana and barbados cherry. You still have an abundance of land to raise your own vegetable garden or grow your own tropical gardens or nursery

There is also a beautiful small lake on the property.

Horses are allowed and the property borders the Town of Davie equestrian trail.

This one of a kind parcel can provide the discriminating land owner the opportunity to build there own dream home or retreat and enjoy a truly one of a kind tropical oasis.

AUCTION Under contract!!!SOLD AT AUCTION

UNDER CONTRACT: Sold at Auction.

THIS LAKEFRONT LOT IS IN THE HEART OF MIAMI.
IT IS ZONED RU1 WHICH WILL ALLOW ONE SINGLE-FAMILY HOME.
IF THE LOT IS RE-PLATTED TO REMOVE THE PLAT RESTRICTION, YOU MAY BE ABLE TO SUB-DIVIDE INTO UP TO 4 SINGLE FAMILY LOTS.
LOT SIZE: 32,591 SQ FT
THIS LOT CURRENTLY HAS PARTIAL COUNTY APPROVAL ON PLANS FOR A 6,300 SQFT HOME ON THE SITE WHICH ARE INCLUDED IN THE SALE. THIS LOT HAS APPROX. 150 FT OF LAKEFRONT AND 220 FEET OF FRONTAGE ON 48TH STREET.
THE LAKE IS FOR NON MOTORIZED BOATS ONLY. LOT IS FENCED, WITH POWER, SEWER AND WATER ON PROPERTY LINE.THE OWNER IS OFFERING AN EXCELLENT OPPORTUNITY TO OWN THE LAST REMAINING LOT ON BLUEBIRD LAKE AT AN INCREDIBLE PRICE.

LAND auction 10 acres Davie, FLorida

IDEAL INVESTMENT OPPORTUNITY FOR DEVELOPERS & INVESTORS

Don't miss this opportunity to own a prime 10 acre site in an excellent Davie location. This parcel is located close to beautiful gated communities with upscale homes and sits next to the Town of Davies's equestrian trail. This property is zoned residential and suitable for the development of 8-9 one acre home sites. Both the platting and site plan are currently in progress .Site plans are available.The property has a small pond and it includes numerous fruit, palm and exotic trees that creates a beautiful landscape. Partial clearing of the outer areas of the property adjacent to 21st street have been completed.

IDEAL OPPORTUNITY FOR A PRIVATE OWNER/INVESTOR

This beautiful 10 acre property could also be an excellent choice for an individual or family who is seeking a tropical retreat in the heart of a highly desirable Davie location.It is ideal for nature lovers, horticulturalists and those seeking a private refuge in a beautiful setting. The landscaping includes. Palms, Royal Poinciana's, Ficus , Hong Kong Orchid trees and many tropical fruit tress including citrus, mango, star fruit, lychee, macadamia, guava, banana and barbados cherry. You still have an abundance of land to raise your own vegetable garden or grow your own tropical gardens or nurseryHorses are allowed on the property.This one of a kind parcel can provide the discriminating land owner the opportunity to build there own dream home or retreat and enjoy a truly one of a kind tropical oasis.

Call troy @ 305 206 0349 or go to www.davieLandAuction.com

LAND Auction Miami, Opening Bid $100K

THIS LAKEFRONT LOT IS IN THE HEART OF MIAMI.

IT IS ZONED RU1 WHICH WILL ALLOW ONE SINGLE-FAMILY HOME.

IF THE LOT IS RE-PLATTED TO REMOVE THE PLAT RESTRICTION, YOU MAY BE ABLE TO SUB-DIVIDE INTO UP TO 4 SINGLE FAMILY LOTS.

LOT SIZE: 32,591 SQ FT

THIS LOT CURRENTLY HAS PARTIAL COUNTY APPROVAL ON PLANS FOR A 6,300 SQFT HOME ON THE SITE WHICH ARE INCLUDED IN THE SALE. THIS LOT HAS APPROX. 150 FT OF LAKEFRONT AND 220 FEET OF FRONTAGE ON 48TH STREET.

THE LAKE IS FOR NON MOTORIZED BOATS ONLY. LOT IS FENCED, WITH POWER, SEWER AND WATER ON PROPERTY LINE.THE OWNER IS OFFERING AN EXCELLENT OPPORTUNITY TO OWN THE LAST REMAINING LOT ON BLUEBIRD LAKE AT AN INCREDIBLE PRICE.

REMEMBER, YOU CAN ALWAYS BID NOW-BUY NOW!

BLUEBIRD LAKE IS ONE OF 84 DESIGNATED LAKES THAT CURRENTLY EXIST IN MIAMI DADE COUNTY. IT IS ALSO RECOGNIZED AS A FISHING LAKE.

DIRECTIONS: TAKE 87TH AVE TO 48T STREET. GO WEST PAST 88TH AVE. THE LOT IS ON THE NORTH SIDE OF 48TH STREET

For more info go to www.BlueBirdLakeAuction.com or call me at 305.206.0349

Thank you

Troy Fowler (Lic. Real estate Auctioneer #au3595,#ab2717)