Commercial Real Estate Finance

Posts Tagged ‘bank failures’

While many you have not even gotten to the ‘aftermath’ portion of the credit crisis, the federal government is busy not learning lessons with the benefit of hindsight.  Obama’s plan to funnel $30 billion to “small banks” is exactly the sort of central economic planning that effectively caused the crisis. Read the rest of this entry »

FDIC chairman Sheila Bair discusses banks failures in 2010.
Bair states that commercial real estate loans will continue to play a large role in bank failures.

Indian billionaire Adi Godrej discusses how the Indian central bank’s increase of the reserve requirement will effect real estate markets in India, and the opportunity this presents to foreign investors.

It’s no news flash that banks are failing left and right this year.  But what exactly transpires when a bank is seized by the FDIC and sold to a buyer?  After watching this clip, it seems that bank failures may actually undergo a pretty efficient M&A process that allows for survival of the fittest banks.  Of course, what they don’t show here is all of the agony a buyer has to go through before a purchase is actually executed.

The Week of June 27 - July 3

- The iconic Sears Tower in Chicago is the latest to “Go Green.” It will also be getting a hotel.

- Speaking of green, could Texas be home to the first green airport?

- Think fundraising is hard in this economy for RE funds?  Not for Blackstone. Read the rest of this entry »

The Week of May 22-29

- The 177-Store anchor Blue Denim chain filed for bankruptcy.

- HUD took action against 120 FHA -approved lenders earlier this week.

- Grubb & Ellis reported Wider Quarterly, and Yearly Losses.

- A new report came out detailing that Manhattan Sales have reached a 25 year low.

- FHA announced it is allowing first time home buyers to sue the much ballyhooed tax credit towards their down payment.

- Fitch Ratings has downgraded First Industrial.

- Giant real estate player Tischman Speyer has announced they will sell some California assets to pay down debt.

- News broke on Tuesday that two more banks have failed.

- Sequoia Equities announced the acquisition of a $75M multifamily luxury apartment complex in Orange County, CA.

- S&K Menswear will be closing all remaining stores in bankruptcy

- A Westin hotel developer accused a local councilman of extortion.

- Sunstone sold a 274-room Marriott.

- Paramount Realty bought a prime retail center.

- Freddie Mac could help out the commercial backed securities market with
K-Certificates.

- LandAmerica sold 6 of its subsidiaries last weekend.