Commercial Real Estate Loans Bailout Next?

Posted by admin on May 7, 2009 under Good Info - Read It, Old News - and some New | Be the First to Comment

There have been a few of these news stories floating around lately…this one seemed quite informative. – Tim –

The Federal Reserve Board on Friday announced that, starting in June, commercial mortgage-backed securities (CMBS) and securities backed by insurance premiums finance loans will be eligible collateral under the Term Asset-Backed Securities Loan Facility (TALF).

The CMBS market came to a standstill in mid-2008. The inclusion of CMBS as eligible collateral for TALF loans will help prevent defaults on economically Read more of this article »

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Commercial Loan Defaults Hit Record High

Posted by admin on May 5, 2009 under Good Info - Read It, Old News - and some New | Be the First to Comment

One thing for sure – CoStar is good for reports like this – Tim

Falling Prices Hindering Already-Difficult Ability To Refinance Loans on Time

An uptick in both the number and average loan size of new defaults resulted in a one-quarter point climb in March CMBS delinquencies to end the month at 1.53%, and there are significant indicators that point to record climb in defaults in April as well, according to Fitch Ratings.

Read the rest here

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Sam Zell on the Commercial Real Estate Market

Posted by admin on May 3, 2009 under Good Info - Read It, Old News - and some New | Be the First to Comment

Chicago Cubs owner Sam Zell on the Commercial Real Estate Market.

And he is the 68th richest man in the US according to Forbes. Sit back and listen.

I like the part about us all “drinking too much Koolaide”

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Optimistic News about Commercial Market, but Credit Still Tight

Posted by admin on April 26, 2009 under Old News - and some New | Be the First to Comment

ist2_6085114-c-clamp-squeezing-new-five-dollar-bill-tight-money-isolatedI bumped into this story online yesterday – some interesting news that I found encouraging
– Tim

WASHINGTON – April 22, 2009 – Senior real estate executives believe market conditions in the income-producing real estate sector – encompassing office buildings, shopping malls, warehouses, hotels, and apartment buildings – are getting better, Read more of this article »

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375,000 SF of Office Space for Lease

Posted by admin on March 17, 2009 under Old News - and some New | Be the First to Comment

NEW YORK CITY-Teachers Insurance and Annuity Association, or TIAA-CREF, is putting around 375,000 square feet of its owner-occupied headquarters at 730 Third Ave. on the market today, sources tell GlobeSt.com.

The 90-year-old annuity financial services firm, founded by Andrew Carnegie, reportedly…  Read more of this article »

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