Amazing….Walmart now is it’s own international bank..but only to finance Walmart purchases

November 13, 2007-

Mexico City, Nov 13 (EFE).- Aiming to make accessing finanicial services “as easy as going to the supermarket,” the Mexican subsidiary of U.S. retailing titan Wal-Mart opened bank branches at four of its stores.

Wal-Mart de Mexico plans to have a score of branches operating by the end of this year and to open another 60 in 2008, the firm said in a press release.

“We want to give access to bank services to customers and associates (store employees) who today lack the benefits of counting on available credit and a banking history to fulfill their desires,” Banco Wal-Mart Chairman Eduardo Solorzano said.

The Birth ( and death ) of a “Resiemercial”

Resiemercial- A residential practitioner that also crosses the lines into commercial real estate.

Ok, first let me say there is no law stating if you hold a real estate license you can not practise commercial real estate and the license is a “blank” license covering any sale, lease, and now exchange of real estate.  However, the only real similarity of residential and commercial real estate is the term real estate. Thus brings us the birth of the “resiemercial”.

Maryland / Washington D.C. CCIM Chapter Events for November

CoStar & CCIM Networking Event 

November 14, 2007 

1:00 - 4:00 pm

The Greater Baltimore Board of Realtors

1306 Bellona Avenue

Lutherville, MD 21093

A Maryland/Washington, DC CCIM Chapter Event

CoStar will present:

How CoStar Can Help Identify Commercial Real Estate Investment Opportunitieswith Minimal Risk

Presenter:Kristen L. Joy, Sr. Account Executive, CoStar Group

Ms. Joy will introduce CoStar, the number one commercial real estate information company in the United States.  The presentation will show how CoStar compiles and continously verifies its databases with the help of the industry’s largest research organization of approximately 1,000 professional associates.  A demonstration of CoStar’s product suite will show how to research properties and identify for sale and for lease opportunities as well as sales comparables to help you close more deals with greater confidence.

SEE YOU THERE!!!

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How to use your Financial Calculator for Commercial Real Estate Evaluations.

To those of you that have taken my Commercial Calculations Too Kit Course
( How to use the HP 10bII ) this is a refresher article you may find helpfull. 

How to Use Your Financial Calculator

by Lonnie Scruggs

V1370 interview with Certfied Commercial Investment Memebers of Maryland / Washington DC Chapter Leadership

http://www.wcbm.tv/podcasts/keys_110107.mp3

1 hour long interview with the local CCIM Chapter Leadership
Anthony Boiling, President
Ralph Duarte, Vice President
D. Scott Smith, Secretary