Entries by admin

Seeking Safety: Crime and blight still remain

(Reprinted from fayobserver.com) New apartments near downtown Fayetteville are evidence of the city’s most significant effort to turn around a troubled neighborhood. Five years ago, apartment complexes began to rise where once stood two of the most rundown and crime-infested public housing projects in the city – Campbell Terrace and Delona Gardens. The last apartments […]

CAP adding to national sales team

                                                 National Sales Executive Title Pay Grade National Sales Executive Salary plus Commission Department Manager Sales and Marketing President & COO Job Summary Responsible for creating new business opportunities for Commercial Asset Preservation (CAP). Responsible for developing strong industry connections to help identify prospective clients. Responsible for communication with potential clients from prospecting to sales […]

What is so magical about the Abandoned Building Revitalization Act?

(Reprinted from Charleston City Paper) On June 11, 2013, Gov. Nikki Haley handed owners of abandoned buildings a magic wand when she signed into law the most powerful incentive for neighborhood revitalization that South Carolina has ever seen. It’s called the Abandoned Building Revitalization Act (ABRA), and its passage was an initiative of the Palmetto […]

Frozen Properties?

Are you learning of frozen properties in your portfolio? Commercial Asset Preservation (CAP) has received many calls this week to send its contractor resources to new locations to quickly address freeze damage, including damage found in operating buildings. This has been an unusual winter in which freeze damage is occurring even in “warmer” states, such […]

3 Basic Tips to Prepare for a CRE Emergency

Its 2 am….the captain from the local fire department is on the phone with an emergency at your property. Are you prepared? Emergencies of all types can and do happen every day. From weather and natural disasters to vandalism and equipment failure, the best defense will be a good offense (accompanied of course by prepared, […]

RPT-Struggling U.S. cities hope small projects yield big results

Reprinted from Reuters By Mary Wisniewski Nov 9 (Reuters) – Struggling U.S. Rust Belt cities for years have tried to counter the loss of manufacturing jobs with big, expensive projects like casinos and stadiums. For cities such as Gary, Indiana; Flint, Michigan; and Youngstown, Ohio, these projects brought hope and headlines. Some delivered new revenue, […]

RPT-Struggling U.S. cities hope small projects yield big results

Reprinted from Reuters By Mary Wisniewski Nov 9 (Reuters) – Struggling U.S. Rust Belt cities for years have tried to counter the loss of manufacturing jobs with big, expensive projects like casinos and stadiums. For cities such as Gary, Indiana; Flint, Michigan; and Youngstown, Ohio, these projects brought hope and headlines. Some delivered new revenue, […]

Blighted Cities Prefer Razing to Rebuilding

Reprinted from New Your Times Online BALTIMORE — Shivihah Smith’s East Baltimore neighborhood, where he lives with his mother and grandmother, is disappearing. The block one over is gone. A dozen rowhouses on an adjacent block were removed one afternoon last year. And on the corner a few weeks ago, a pair of houses that […]