Finance & Investment News
Sam Zell Blames Account Rules for Real Estate Crisis
CHICAGO — At the gloomy DLA Piper conference of real estate executives, Chicago billionaire Sam Zell blamed much of the turmoil on Wall Street on tough new real estate accounting rules that drained capital away from banks’ balance sheets. ...
Moody’s: Commercial Property Prices Up 0.4% in July
Commercial real estate prices nationwide held close to steady in July, gaining 0.4% over June 2008 levels, Moody’s Investors Service reports, based on data collected through the end of July. ...
Bailout Plan Could Help Industry
Phil Gordon has simple advice for hotel owners looking to refinance today: "Go take a long nap." ...
Land REIT in Business after Raising Minimum Capital
Shopoff Properties Trust has closed escrow on its first $16.17 million of stock sales through an initial public offering and is now actively pursuing investment opportunities. ...
Finance & Investment Articles
Opportunity Funds OVERFLOWETH
Real estate opportunity funds are now raising tens of billions of dollars to pounce on properties and mortgages as values head back...
Catch-22 in Mezzanine Lending
Mezzanine lenders are tripping over each other in their haste to accommodate hungry borrowers....
Names In The News
Keith Lindsay has joined Orco Property Group's hospitality division as CEO. Orco is an investor, developer and asset manager...
Names In The News
Stephen Cassidy has been promoted to president of Denholtz Associates, a privately held development, investment and management company. He will be responsible...
Deals & Projects
MFR Partners has acquired the Old Market Lofts Building for approximately $30.6 million from NuStyle Development. The Old Market Lofts Building is located...
CMBS Gets a Stress Test
How bad can it get for commercial mortgage-backed securities in the event of a recession in the U.S.? ...
Real Asset Backing a Plus for REITs
Although the credit crunch has impacted the real estate investment trust sector, REITs are still able to access funds and offer investment opportunities, according to a New York REIT conference sponsored by the New York Society of Security Analysts. ...
REITs: New Institution Capital Dance Partner
While most commercial banks and private equity funds are taking a breather from investing in the real estate markets, some of the country’s top institutional players are partnering with real estate investment trusts (REITs) to keep deals churning....
