Investor Timeout
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...
Job Losses: Bitter Pill to Swallow
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
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
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,...
Weathering the Storm
So much for the forecast that shoddy subprime lending was an isolated event. What started as a spike in residential mortgage delinquencies and foreclosures...
Headhunters Target C-Suite Talent
Like a hunter on safari, the talent scout tracks his prey, zeroing in on the best and brightest executives for companies that buy or build the nation's...
Twister of Fate
In early 1999 and 2000, community leaders in the small town of Parsons, Kan., population 12,000, were busy outlining an economic development revitalization...
FAREWELL CHEAP DEBT
At the halfway mark of 2007, leveraged investors are saying goodbye to the lowest commercial mortgage rates in 40 years and are coming to grips with increased capital costs....
Express Delivery in Outsourcing
For at least 20 years, U.S. firms have outsourced real estate functions — from space planning to landscaping — as a way to concentrate on their core business. But now, many top firms are taking outsourcing further, using service partners to help them grow, and locate or manage new workplace facilities....
Direct Line to the C-Suite
Shortly after Mark White became the chief financial officer of SAP Americas Inc. in 2002, LuAnn McHugh, the software company's vice president of real estate and facilities, approached her new boss with a restructuring plan that she envisioned would erase some inefficiencies in the corporate real estate portfolio....
