By Jody Shenn on Bloomberg.com Aug. 20 (Bloomberg) — Investors asked the Federal Reserve for $2.3 billion of loans against commercial-mortgage-backed securities created before this year, an expansion from $668.9 million in its financing program’s first round a month earlier. Read More
Tag: commercial real estate finance
Local Developers Feeling Credit Crunch: Banks Hesitate to Lend in Current Environment
By Brian Neill, The Bradenton Herald, Fla. Jun. 24–Local developers say they can’t get local funding for their projects despite governmental talk about stimulating the economy. As a result, potential projects have stalled or are not moving forward. <<Blogger comment: Read More
Commercial Real Estate Lessons from Charles Darwin
By David Repka I attended an Urban Land Institute (ULI) conference a few weeks back. During the coffee and continental breakfast I overheard someone being asked, “How’s business?”. Their reply, “I’m surviving… but survival is the new good”, got me Read More
Distressed commercial real estate totals $97.4B
National distressed commercial real estate totaled $97.4 billion in early June, including foreclosures, lender-owned properties, and foreclosures, according to a new report from Delta Associates. Distressed commercial real estate volume has doubled every three months since December 2008 with retail Read More
Fed Gets No Requests for TALF Loans to Purchase CMBS
By Scott Lanman June 16 (Bloomberg) — The Federal Reserve received no requests from investors for loans to buy new commercial mortgage-backed securities under an emergency program aimed at reducing borrowing costs and reviving U.S. economic growth. The New York Read More
Reality Therapy (for commercial real estate)
Reality: The state of the world as it really is rather than as you might want it to be by Joseph Forman, CEO of Bond Street Capital in News & Views The commercial real estate business is in uncharted territory. Read More
ICSC Leads Real Estate Effort Supporting Expansion of NOL Carryback Act
This week ICSC led an effort to show the support of the commercial real estate industry for S. 823/H.R. 2452, the Net Operating Loss (NOL) Carryback Act. The NOL Carryback Act would provide American companies struggling in the current economy Read More
TALF Requests Reach $11.5 Billion as CMBS Issues Become Eligible
New CMBS Issues Will Become Eligible for Government Aid at Mid-Month, But Some Fear S&P Action Could Blunt TALF’s Ability to Restore Liquidity By Randyl Drummer in CoStar June 3, 2009 With commercial mortgage securities poised to become eligible for Read More
FDIC Shuts Down Silverton Bank
The Federal Deposit Insurance Corp. has shut down Silverton Bank, the failed Atlanta “bank of banks,” instead of selling it to private-equity investors, according to a person familiar with the situation. …[blogger comment: here is the key to this article] Read More
Hello world! We've entered the Blogosphere
Welcome to Bison Tales: Connecting people, opportunities & capital! You can view our web site at http://www.bisonfinancial.com and our newsletter archive Enjoy! ~ David Read More