October 1, 2007

Cover Story

Investor Timeout

Oct 1, 2007 12:00 PM, By Ben Johnson

After 17 straight rate increases, the Federal Reserve felt compelled to do something radical an about-face. To help jump-start the economy and assuage...

Features

Job Losses: Bitter Pill to Swallow

Oct 1, 2007 12:00 PM, By Matt Hudgins

The net loss of 4,000 jobs in August took the nation by surprise when the figures were released by the Bureau of Labor Statistics on Sept. 7 and reinforced...

A CMBS and CDO Primer

Oct 1, 2007 12:00 PM, By Parke M. Chapman

The commercial mortgage market faces one of its toughest credit climates in more than a decade. The most complex corners of the securitized mortgage market...

Cost of Capital Proves Volatile for Borrowers

Oct 1, 2007 12:00 PM, By Benjamin Cole

Gary E. Mozer is principal and chief executive of George Smith Partners, a Los Angeles-based real estate investment and mortgage banking shop. Last year,...

Ideal Time to 'Buy America'?

Oct 1, 2007 12:00 PM, By Joe Gose

Foreign real estate investors are returning to the U.S. with gusto just months after frothy prices in major markets turned them into aggressive sellers...

City of Big Shoulders Craves Big Office Towers

Oct 1, 2007 12:00 PM, By H. Lee Murphy

Real estate deal making and development are unfolding all around Chicago on a grand scale. The nation's largest convention center, McCormick Place, just...

New Orleans Blues

Oct 1, 2007 12:00 PM, By Stan Luxenberg

Insurance costs are a painful burden for HRI Properties, a New Orleans-based firm that owns and manages apartments. Before Hurricane Katrina hit in August...

Hollywood Studios on the Block

Oct 1, 2007 12:00 PM, By Benjamin Mark Cole

The haunts of Hollywood's Golden Era studio backlots where such classics as It Happened One Night and Gone With the Wind sprang to life are being sold...

Airport Development Takes Flight

Oct 1, 2007 12:00 PM, By Parke M. Chapman

When Denver International Airport was under development in 1990, planners knew that the 53-square mile site presented many unique opportunities beyond...

British Invasion 2

Oct 1, 2007 12:00 PM, By Ben Johnson

Not since the Beatles landed in New York has the nation's attention been so laser focused on the arrival of another British rock star, soccer hero David...

Developments

Is Retail Inextricably Tied to Housing?

Oct 1, 2007 12:00 PM, Matt Hudgins

While sales at home improvement chains such as Home Depot are taking a beating in the wake of the housing slump, the retail market as a whole continues...

Beijing Hotel Boom

Oct 1, 2007 12:00 PM, Dees Stribling

As developers in Beijing rush to complete more than 10,000 new hotel rooms before the Olympics next summer, there is concern that the building surge could...

Bank of America Tower Pierces Rate Skyline

Oct 1, 2007 12:00 PM, Denise Kalette

Defying conventional wisdom that $100 per sq. ft. might be too steep for commercial office rents in the current real estate climate, the Bank of America...

Rebuilding Lost Housing in New Orleans

Oct 1, 2007 12:00 PM, Denise Kalette

It may seem a stretch to compare steamy New Orleans with often snowbound Ithaca, N.Y., but the similarities caught the attention of Matt Schwartz, principal...

John B. Levy: Don't Wait to Borrow

Oct 1, 2007 12:00 PM, Matt Hudgins

John B. Levy sees a familiar pattern emerging as the credit crunch unfolds, and it tells him that spiking mortgage rates may be just around the corner...

Craig S. Jones: Seniors housing finance will have a decidedly vanilla flavor in the future.
NREI : How has underwriting changed in seniors housing?
Jones: It seemed like everyone was pushing the box regarding loan-to-value and debt service coverage and insurance......
Read more of Craig S. Jones' interview...

Names in the News

Oct 1, 2007 12:00 PM

Olivier Poirot has been promoted to CEO of Motel 6/Studio 6 and Accor North America. He has been responsible for finance-related functions including accounting,...

Deals and Projects

Oct 1, 2007 12:00 PM

BPG Properties has acquired the Westborough Office Park in Westborough, Mass., from Windsor Realty Fund VI for $63.4 million. The four-building, 374,711...

Deals and Projects

Oct 1, 2007 12:00 PM

Angelo Gordon & Co. and Cambria Real Estate have acquired Glendale Financial Square for about $33 million from Delma Properties. The 122,358 sq. ft. Class-A...

In Progress: Citrus Crossing

Oct 1, 2007 12:00 PM

DEVELOPER: Trachman Indevco LLC LOCATION: Los Angeles SIZE: A 23-acre site and a total of 175,000 sq. ft. in retail development and townhomes PROJECTED...

Historic Clock Tower Keeps On Ticking In New Hands

Oct 1, 2007 12:00 PM

Ensemble Real Estate Services LLC has purchased a historic property in Long Beach, Calif., for $9.5 million. Built in 1906 and listed on the National...