Commerial Real Estate Week in Review
The Week of January 31 - February 6
- Are real estate executives gaining confidence in the general market?
- Obama’s budget has hazy implications for commercial real estate.
- Former Security Capital Execs Plan REIT IPO.
- Despite the scare, Fannie Mae still funded over 80% of its loan originations last year with its MBS program.
- Will an infusion of TARP money into small banks result in productive lending to small businesses and real estate?
- The debate rages on whether the CRE crisis is past its worst point.
- Industry to “dip its toe in the water” of non-agency bonds backed by new home loans.
- London office market has Blackrock to thank for good leasing news.
- Hotels lead all other asset classes in loan delinquencies in 2010.
- CB Richard Ellis surprised Wall Street with a solid fourth-quarter profit and projections of 6% to 8% annual growth in revenue.
- A Cushman & Wakefield analyst claims that the fundamentals of CRE either improved in the second half of 2009 or the deterioration began to slow.
- Kimco, North America’s largest portfolio of neighborhood and community shopping centers, looks to unload $200 million worth of assets in 2010.
- For REITS who have money, spending it has turned out to be harder than raising it according to the Wall Street Journal.
- The future of numerous mom-and-pop TIC deals appear extremely bleak.
- Despite dismal hotel numbers, 40 new properties are planned in Brooklyn where investors are banking on a trend of anti-Manhattan travel sentiments.



