Banking & Finance

So Far, So Good?

chicago downtown

A couple years ago, in a post entitled “A Return to Luxury,” I reported that UBS was offering single-asset CMBS on the famous Fontainebleau Hotel in Miami Beach. This was a significant move for the bank, and for the commercial…

Fannie and Freddie and Cat GIFs

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I don’t usually write about Fannie Mae and Freddie Mac. The GSEs are big and complex and heavily tied to both public and private sector interests. Their actions send ripple effects that can be felt throughout the nation’s economy, and…

Bad Bank, Better Real Estate: an Update on Ireland

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The acronym “NAMA” stands for a lot of things: Non-Agricultural Market Access, National Archaeological Museum – Athens, National Ayurvedic Medical Association, and the Swedish National Academy of Mime and Acting, according to Wikipedia’s disambiguation page. Today, I will be talking…

The Unaccredited

Zombies_NightoftheLivingDead

Over the past 20 years or so, the internet has changed society in numerous ways. Perhaps more than anything else, the internet has created a new level of democracy in the flow of ideas and opportunities. Just look at how…

A Paradigm Shift for Private Capital?

piggy bank 70s

Last year, I did a post exploring what constitutes an “accredited investor,” a term denoting someone with the financial wherewithal to invest in sometimes-risky private investments, which aren’t required to maintain the same level of transparency as publicly offered securities.…

Florida, Arizona…Colorado?

By tradition, America’s retirees are expected to migrate south. Florida, of course, holds the time-honored stereotype of golf courses, bridge games, and those electric scooters with the baskets on the front. Arizona is another popular destination. I have always assumed…

Post-What, Exactly?

Last Tuesday, I got to attend the Cornell Real Estate Council‘s annual CFO panel here in Philly. The event featured the top financial officers of four major real estate firms in the region: Keystone Property Group, Campus Apartments, Broad Street…

Der Immobilienmarkt in Deutschland!

For the record, today’s post about Germany’s commercial real estate isn’t simply an excuse to reference¬†Rammstein, the country’s pyrotechnics-loving industrial metal band (whose musical genius the Grammy’s are still, incredibly, yet to recognize). The picture above from one of Rammstein’s…