Comments on: Bloomberg CRE Videos: Delinquencies and Impact on GE http://www.squarefeetblog.com/commercial-real-estate-blog/2009/12/08/bloomberg-cre-videos-delinquencies-and-impact-on-ge/ Commercial Real Estate Blog Mon, 16 Aug 2010 10:18:50 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Joshua http://www.squarefeetblog.com/commercial-real-estate-blog/2009/12/08/bloomberg-cre-videos-delinquencies-and-impact-on-ge/comment-page-1/#comment-3715 Joshua Wed, 09 Dec 2009 06:42:10 +0000 http://www.squarefeetblog.com/?p=3767#comment-3715 video #1 - the strip center they show, is on stephanie in henderson, nv. oddly enough, ive visited it looking at comps. henderson, man, that place exploded. im from LA area and i go to vegas pretty frequently and i was always surprised to see how much that area changed and how rapidly. anyway, delinquenciEs are obviously an issue. im not so concerned about delinquencies as i am about capital availability at maturity. will banks lend again? will values return somewhat so it makes sense for owners to invest more equity? will JV/recapitalizations be the new re-finance? its gonna be interesting. clip #2 - wow, $6.2 impaired to $1.9 in reserves. if they were an FDIC institution they would have been shut down by now. not a big deal if the govt money doesnt flow their way (yeah, riiight). who knows what theyre thinking. video #1 – the strip center they show, is on stephanie in henderson, nv. oddly enough, ive visited it looking at comps. henderson, man, that place exploded. im from LA area and i go to vegas pretty frequently and i was always surprised to see how much that area changed and how rapidly.

anyway, delinquenciEs are obviously an issue. im not so concerned about delinquencies as i am about capital availability at maturity. will banks lend again? will values return somewhat so it makes sense for owners to invest more equity? will JV/recapitalizations be the new re-finance? its gonna be interesting.

clip #2 – wow, $6.2 impaired to $1.9 in reserves. if they were an FDIC institution they would have been shut down by now. not a big deal if the govt money doesnt flow their way (yeah, riiight). who knows what theyre thinking.

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