Tag: credit crisis

Land of Opportunity or Land of Excess?

After reading an article in Bloomberg delineating why hotel investors are flocking to Europe I came to the conclusion that being a hotel owner in this “land of opportunity” seems to be less of a blessing and more of a…

CMBS is Back. And That Ain’t No B.S.

CMBS stands for commercial mortgage backed securities.  Of course, if you asked borrowers about 18 months ago (and many even today), you might have thought it stood for Commercial Mortgage Bull $hit.  When CMBS financing was introduced to the commercial…

Commercial Real Estate Week In Review

The Week of April 24- April 30 – Two of the largest U.K. REITs are proposing a merger. – Amid the calamity, Goldman Sachs is underwriting new CMBS for Taubman. – Is the credit crisis over for big banks? –…

Disney World for the Elderly?

Most people think of Disney World as a place for kids. Most people think of Florida as a place for the elderly.  Now, thanks to some  likely desperate,  possibly genius, and definitely confused residential real estate developers, the two have…

The Pros/Cons of a Bank Tax

In past banking crises in Sweden, Britain, the U.S. and Asia, taxpayers picked up the cost of bailing out troubled institutions because the government had to act quickly to contain the problem and the banks had been so battered they…