Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
At Best, an Incremental Step In the Right Direction
November 6, 2009
CMBS Savior? Developers Diversified Deal Is Nearer | online.wsj.com
The pending Developers Diversified ("DDR") transaction represents, at best, a marginal step in the right direction with respect to getting the CMBS machine back on track. The successful launch of a new CMBS transaction, and placement of the related bonds should be considered a victory given the dearth...
The Current Real Estate Downturn is Different
November 4, 2009
Real Estate Downturn of the Early ’90s Differs From Today’s Crash In Important Ways | nreionline.com
Unlike prior downturns where economic weakness compounded with addition of recently completed property supply contributed to commercial real estate downturn, the current downturn has been fueled by excessive use of creative debt financing. The unwinding of creative leverage will take longer than previously...
Irish Commercial Real Estate - What is the Natural Vacancy Rate?
November 4, 2009
Dublin Office Report Q3 2009 | edition.pagesuite-professional.co.uk
The 'natural' vacancy rate in Irish commercial property markets may be twice agents' current published estimatesImplies that the turning point in Irish office market could come sooner than expected
We know why Geithner isn't Worried about the Banks problems with CRE Credit
November 2, 2009
Banks Get New Rules on Property | online.wsj.com
Last Week Secretary Geithner said "Commercial Real Estate Woes Won't Spark Crisis"Of course we now know why he isn't worried! It's called Systematic "Extend and Pretend".
Not good news for the Retailers and Shopping Center Owners.
October 30, 2009
Consumer spending tumbles, incomes flat | www.msnbc.msn.com
This just confirms what this writer posted with the last three analysis'.With tight credit, high unemployment, and a continuing battered housing market, there is no relief in sight and the consumer is loudly sending the message.
If you believe the above statement, I have a bridge to sell you!
October 30, 2009
Geithner Says Commercial Real Estate Woes Won’t Spark Crisis - Bloomberg.com | www.bloomberg.com
TheTreasury Secretary's remarks as reported in the subject article can not be believed.
Commercial Real Estate Still Alive but not neccessarily healthy
October 29, 2009
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say | retailtrafficmag.com
Banks and other lenders are ill equipped to operate a failed mall, office building or hotel, once they have foreclosed on this type of property.Shopping malls and other such buildings staying vacant brings no income and makes the property more difficult to sell.A good broker is the answer, One who...
This means more bad news on the commercial real estate sector
October 27, 2009
Stocks waver on housing, consumer confidence data | www.wtop.com
Consumer confidence fell unexpectedly...What gave it away? When you have unemployment hovering around 10% what should the experts expect?
October 22, 2009
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say | retailtrafficmag.com
The folks quoted in this article have to be kidding. They must be the same people that didn't question the era of cheap money and low cap rates either.
...If This Isn't A Shoe, Is It A Boot?
October 22, 2009
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say | retailtrafficmag.com
The only good news is that most of the loans in question were not securitized and spread through the financial system as cash-equivalent.The bad news is multi-faceted.To expect REITs to be able to stop the fall, is to rely on a frayed shoe lace.
At Best, an Incremental Step In the Right Direction
November 6, 2009
The Current Real Estate Downturn is Different
November 4, 2009
Irish Commercial Real Estate - What is the Natural Vacancy Rate?
November 4, 2009
We know why Geithner isn't Worried about the Banks problems with CRE Credit
November 2, 2009
Let’s put numbers to reduced housing prices
June 4, 2007
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www.wtop.com
retailtrafficmag.com
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say
www.wtop.com
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