[youtube=http://www.youtube.com/watch?v=Q4TqcnID77c] D.C.-area developer Jeff Neal gives the Huffington Post Investigative Fund a tour of empty commercial properties just blocks from the Capitol. He says we were, “drunk on a binge of easy credit and the bartender (the market) took away Read More
Tag: real estate
Building Your Personal Brand
I’m back from South Beach after moderating a panel discussion on personal branding at the Crittenden Commercial Real Estate Conference. I was lucky to have an all star panel of: Robert Barber, CCIM of Accelerated Real Estate Services Dr. Diana Read More
Crittenden Fall Commercial Real Estate Conference
Conference begins Monday, October 26th at the Ritz-Carlton in South Beach, Miami. The conference features 17 panel discussions and endless networking and deal making opportunities. You can still register online or you may register onsite beginning Monday. I’m moderating a Read More
Plan Coming Together to Restructure Commercial Real Estate Loans
By DAMIAN PALETTA in The Wall Street Journal WASHINGTON — Federal bank regulators are close to issuing guidelines that would encourage lenders to rework troubled commercial real-estate loans, a sector of the economy they expect to topple scores of additional Read More
Multifamily Economist: The Worst Is Over
Nadji Mfe2009 View more presentations from bthompson. [slideshare id=2212297&doc=nadjimfe2009-091013152016-phpapp02] This 20-slide presentation was prepared by Hessam Nadji, managing director of research services at Marcus & Millichap for the recent Multifamily Executive Conference in Las Vegas. Nadji has indicated that the housing Read More
CMBS Volume down 99.99% and cap rates only up slightly, huh?
BLOGGER COMMENT: For more stats download the file labeled “CMSA-Compendium” from the box.net widget on this blog. You may also want to see the graph detailing the 99.99% plunge in CMBS volume from my October 6, 2009 blog entry. Read More
CMBS Production Rocketship Falls to Earth in 2008-2009
BLOGGER COMMENT: The biggest problem facing commercial real estate is the capital markets’ lack of liquidity. CMBS issuance went from $230 billion in 2007 to $12 billion in 2008 to less than a billion dollars YTD in 2009 (my source Read More
Luxury hotels that borrowed during the boom face default
[youtube=http://www.youtube.com/watch?v=d_J28rip1Ms] The lingering recession is leaving $850 a night hotel rooms empty. Large, luxury hotels are in default with their lenders. Read More
Billionaire investor explains impending commercial real estate crisis
Scion of legendary real estate billionaire family explains the slow-motion car crash happening in commercial real estate finance. [youtube=http://www.youtube.com/watch?v=RVYK2_NBI9E] Harrison LeFrak’s summary: * There’s $3.5 Trillion of Commercial real estate debt * $1.7 Trillion on books of community, regional & Read More
About $12B In TALF Eligible Deals Emerge Ahead Of Deadline
From the Wall Street Journal By Anusha Shrivastava Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–About $12 billion in consumer loan-backed deals have emerged ahead of a loan-application deadline for cheap funding under a Federal Reserve program. Issuers include Ford Read More