Quantcast

Commercial Real Estate Investing

Prudential U.S. Quarterly Report

January 28, 2010

Tweet rudential has put out it’s latest report outlining it’s take on the commercial real estate market. Some bullet points from the report: The recent appearance of positive indicators – economic and otherwise – has turned market sentiment in the commercial real estate sector decidedly more favorable. Widespread distress has yet to materialize, although it […]

Read More >>

Citigroup Unloading Real Estate Unit With Billions In Assets

January 27, 2010

Tweet In a bid to raise capital, Citigroup is in advanced talks to unload it’s global real estate group, a group with an estimated $12.5B of real estate assets. This is huge deal and given the size will probably represent a pretty good deal for suitor. Not to mentioned the portfolio is pretty well diversified […]

Read More >>

Transbay Joint Powers Closes on $171M Loan

January 27, 2010

Tweet The Transbay Joint Powers Authority has closed on a $171M federal loan to help it kickstart the massive Transbay Terminal project in San Francisco. This is a good step in the right direction, though additional funding multiples the size of this loan will ultimately be needed. The entire project will likely end up costing […]

Read More >>

Bruce Mosler of C&W Optimistic

January 26, 2010

Tweet Bruce Mosler, co-chairman of Cushman & Wakefield believes that the activity at the end of 2009 will continue. There is no doubt about that; companies as we type are negotiating large deals (there are numerous 200K+ SF deals in the works) in the valley. The question is not absorption so much as it should […]

Read More >>

Moody’s: CRE Prices Will Continue To Fall

January 26, 2010

Tweet Despite seeing a 1% uptick in November prices, Moody’s is indicating that it is very likely that commercial real estate prices will continue to fall. “We anticipate further deterioration in property fundamentals and increases in cap rates,” he suggested, acknowledging that “the worst of the value declines is likely over.” This goes to the […]

Read More >>

Wilbur Ross, LeFrak Interested in Stuyvesant Town

January 25, 2010

Tweet A partnership between Wilbur Ross and Richard LeFrak have expressed interest in Stuyvesant Town, from management to outright acquisition. And they have the funds to back it up: “We are not really capital-constrained, so we can put up whatever is needed,” Ross said in a telephone interview. “We’re prepared to go all the way.” […]

Read More >>

Receivers In Demand

January 25, 2010

Tweet About a week ago, we posted an article about receivership. The LA Times today has an article out about the hot receivership market and the upswing in activity as projects falter (like this one). It’s not a particularly captivating read, but if you’re interested, here is a link to the article.

Read More >>

Tishman Walks on Stuy Town

January 25, 2010

Tweet Tishman Speyer and company has decided to throw in the towel on Stuyvesant Town. This comes as little surprise as they were so far under water on the deal that it would be rather meaningless for lenders to keep them in the deal. Tishman originally paid $5.4B for the asset back in 2006 and […]

Read More >>

Fitch: Life Insurers To Face More Losses

January 22, 2010

Tweet Fitch is predicting that US Life Insurers (a la MetLife) may be looking at an additional $15B in commercial real estate related losses. The estimate is that they have taken about 25% of the losses thus far, and most of the losses will take place within the next two years. The life insurers have […]

Read More >>

Bair: Bank Charge Offs Related to CRE Higher in 2010

January 22, 2010

Tweet The Chairwoman of the FDIC, Sheila Bair, indicated that the charge-offs will continue. Federal Deposit Insurance Corp. Chairman Sheila Bair said in a speech that regulators expect banks to report higher delinquencies and charge-off rates for commercial real estate properties in the first three months of 2010. Speaking to the Commercial Mortgage Securities Association, […]

Read More >>
Page 4 of 31« First...23456...102030...Last »