More News About Morgan Stanley’s SF Woes
December 17, 2009
Tweet We previously discussed the hand back of the keys by Morgan Stanley on some of their SF assets (here and here), but Bloomberg is now out with an article. Not much new, but now Bloomberg lends some credibility. The San Francisco transfer would mark the second real estate deal to unravel this year for [...]
Read More >>Crescent Down, San Francisco EOP Assets To Go
November 20, 2009
Tweet In the news today is Morgan Stanley’s handing back of the keys on the Crescent Real Estate nightmare they acquired two years ago. The nightmare wasn’t that they were bad assets, the nightmare was the price paid for the portfolio and the subsequent fall in the market. We were out in front of the [...]
Read More >>Chairman of AREA (Apollo) William Mack on CNBC
November 11, 2009
Tweet William Mack, the founder and chairman of AREA Property Partners, formerly Apollo Real Estate Investors was on CNBC. He seems to generally share the same view as Soros and Ross. He focuses in on consumer confidence as the driver for a recovery. The four things are: 1) job recovery, 2) home price recovery, 3) [...]
Read More >>Who Do Foreigners Give Their Money To When Investing In US Real Estate? Here’s The Top 10
October 21, 2009
Tweet We’ve heard about and are beginning to see an increase in foreign money coming into the US real estate market, particularly on the residential and multi-family side as the prospect of a recovery happening is expected to occur in this sector first. So want to know who these foreign individuals, pension funds, investment firms, [...]
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