December 16, 2009
Couple videos from CNBC….
#1 Mort Zuckerman on Commercial Real Estate. Zuckerman is chairman of Boston Properties (BXP: 112.44 -0.16%).
and #2 Spotlight on Commercial REITs featuring Harvey Green, CEO of Marcus & Millichap.
This video doesn’t say anything new, but the last point about small vs large real estate is interesting, because if you look at many CMBS issuance, they are stocked full of smaller commercial properties with loans of $1-5M. Sure they’re not headline grabbing, but at the end of the day, these defaults do have an impact on banks and other holders of CMBS, which leads to an inability to lend somewhere else.
- CRE Videos … Sternlicht and More
- Roubini’s RGE Monitor on Real Estate
- S&P on Insurers and CRE
- Prudential CRE US Quarterly Update
- Commercial Real Estate Worries Grow