Posts Tagged ‘Treasury Department’
Commercial Real Estate Week in Review
April 24th, 2010 | 
Author: Week of April 18-24
- Real estate companies continue to tap the equity markets to raise cash through secondary offerings or IPOs.
- The Federal Reserve paid $47.4 billion to the Treasury Department in 2009, the largest amount on record, from gains on investments made to bolster the shaky housing market.
- CNBC reports that surveys show wealthy Americans are less concerned about the economy… seriously they actually did a story on this.
- A Llenrock survey shows that people with money are more likely to buy things than people without money.
- CNBC reports that it will be reporting on Llenrock surveys going forward. Read the rest of this entry »
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Posted in Week in Review | 
Tags: Atlantic City, Blackstone, casinos, China, CNBC, cnn, commercial real estate, commercial real estate blog, extended stay hotels, Fed, Federal Reserve, felcor lodging trust, General Growth Properties, Goldman Sachs, IPO, jon stewart, Llenrock, philadelphia real estate finance, private equity, real estate news, REIT, SEC, Treasury Department, Week in Review | 
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CRE Videos of the Week
Sunday Brunch with Timmy! (Tim Geithner speaks at the SIFMA Conference)
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Commercial Real Estate Week in Review
The Week of June 13-19
- Bank and CMBS defaults continued their record setting pace this week.
- The NY Fed reported that there were a whopping zero CMBS loan requests into the TALF program byt he June 16th deadline.
- Maguire Properties sold an office tower for a 35% discount from what it cost them to build it.
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Posted in Banking & Finance, Owners & Developers, Week in Review |
Tags: Capmark, Carl Icahn, CMBS, Colonial Bank, Costco, Countrywide, Dave Jacobs, Eddie Bauer, Lightstone, Macquarie, Maguire Properties, Nexity Bank, NY Fed, Sym's, TALF, Treasury Department, Tropicana Casino, Vornado |
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Commercial Real Estate Week in Review
The Week of June 6-12
- Opus West announced this week, that although they are hurting, they are not quite dead yet.
- Think big deals are dead? A 1,000,000 SF office campus traded this week for $72 million.
- Starwood Capital Group, led by Barry Sternlicht, announced plans to launch a new distressed debt REIT. Read the rest of this entry »
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Stress Test A Mess of Jest?
When you gain some weight, your doctor probably yells at you. When you don’t listen to his advice and continue your march towards obesity, he’ll likely recommend a stress test in order to ascertain the health of your heart. We’ve all seen this in the form of the shirtless fat guy running on a treadmill with anodes stuck all over his corpulence (as pictured above).
Similarly, banks have become obese (with bloated books of bad debt rather than donuts and ice cream) and have recently undergone a stress test of their own. Back at the end of February President Obama ordered the 19 biggest banks to undergo a stress test to see how they would fare if the economy was to worsen further.
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