Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Commercial Real Estate Impact on Economy Understated
November 16, 2009
Fed’s Lockhart Says Commercial Real Estate May Weaken Recovery | www.bloomberg.com
Understated indeed! Since there's nothing particularly newsworthy in the article, I assume the Atlanta Fed President is stumping for reappointment. The collection of now well-worn one-liners offered by the Fed representatives (and government officials, specifically from the Treasury & FDIC) is insulting...
November 11, 2009
Geithner Says Commercial Real Estate Woes Won’t Spark Crisis - Bloomberg.com | www.bloomberg.com
This article supports everything this writer and many others have been saying, there will be no descernable recovery until the unemployment rate begins to dramatically drop.
Not All Real Estate Is the Same - 4 Different Issues
November 9, 2009
Handling real estate loans will be a tough act | www.dallasnews.com
Real estate financing and refinancing poses 4 different levels of risk for lenders and owners, based on the project life cycle and its financing and overall structure. Broad statements about the looming problems are just that "broad statements" Real estate market participants must look at each transaction...
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...
Excess money is on the sidelines for commercial real estate
November 20, 2009
Is This Mr. Lampert's 8th or 9th Life?
November 19, 2009
A Happy Thanksgiving for Las Vegas
November 18, 2009
Current Construction Activities in FL
November 16, 2009
Commercial Real Estate Impact on Economy Understated
November 16, 2009
www.theglobeandmail.com
www.wtop.com
retailtrafficmag.com
Commercial Real Estate Debt Won't Be the Next Shoe to Drop, Economists Say
www.wtop.com
www.washingtonpost.com