Commercial Real Estate Allentown PA

Commercial real estate is any property that is zoned and used for business purposes or to generate profits from rentals or capital gains. Types of commercial property include industrial property, retail stores, some multi family houses, office buildings, shopping centers, warehouses and more. There is some overlap between residential and commercial property when it comes to buildings that contain a large number of units (such as apartments) that can be classified as commercial, though they are used as residences. All commercial real estate will fall under one of four categories—retail, office, industrial and multi family housing—and can be purchased through commercial real estate agents.

Re/Max Central
(610) 398-8111
4550 W Tilghman St
Allentown, PA
 
Neighborhood Housing Services of the Lehigh Valley
(610) 437-4571
239 North 10th Street
Allentown, PA

Data Provided by:
Eagle Nationwide Mortgage Company
(610) 774-9860
1115 Union Boulevard, Second Floor
Allentown, PA

Data Provided by:
Black Label Realty, LLC.
(610) 837-7500
1874 Catasauqua Rd, Suite 308
Allentown, PA

Data Provided by:
Hamilton Abstract Co.
(610) 433-6701
207 North 19th Street
Allentown, PA

Data Provided by:
A. R. Ulans Realty
(610) 434-7135
1824 Union Boulevard
Allentown, PA

Data Provided by:
NAI Summit
(610) 264-0200
3435 Winchester Road, Suite 300
Allentown, PA

Data Provided by:
Lehigh Financial Group, LLC
(610) 821-6870
1244 West Hamilton Street, Suite 200
Allentown, PA

Data Provided by:
Penn Title Inc.
(610) 434-7784
3015 College Heights Boulevard
Allentown, PA

Data Provided by:
Regency Towers
(610) 439-0421
1600 Lehigh Parkway East
Allentown, PA

Data Provided by:
Data Provided by:

Commercial Real Estate

Real Estate Investment Trusts
By: Zacks Equity Research
October 22, 2009

Amid positive signals emanating from the uptick in housing prices and an improving outlook for consumer spending, the housing sector is gradually stabilizing. Both new and existing home sales have increased during the last four consecutive months and are now 32% and 17% above their recent lows, respectively. Single-family housing starts have also risen 37% from their low point, and inventories of homes-for-sale have fallen sharply.

Equity REITs rebounded nicely in the third quarter, recording total returns of 33% (total return FTSE NAREIT Index) vs. a 15% gain each for the S&P and the Dow. The strong third quarter returns marked the second consecutive record-setting performance of equity REITs after a dismal performance in the first quarter of 2009.

In what has been a volatile year, equity REITs gained approximately 29% (total return FTSE NAREIT Index) in the second quarter after falling 32% in the first quarter. So far in October, equity REITs are down about 1%; the worst performing sectors in October have been Self Storage (- 3.4%), Retail (-1.6%), Industrial/Office (-1.6%), and Residential (-0.8%).

OPPORTUNITIES Many REITs are still trading at discounts to NAV (net asset value), traditionally a good "buy" signal. Over the past seven or so years, REITs have traded near or in excess of NAV.

With dividend cuts and share price gains.....

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