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Archive for the 'CMBX' Category

A Legislative Proposed CRE Fix

By: Myles, July 23rd, 2010

As just reported by the WSJ, there exists a little known legislative “fix” in the “mix” that just may shore up the troubled commercial real estate industry.
According to sources in the know on Capital Hill , there is legitimate momentum in both chambers of Congress, with the House version actually having a shot at […]

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Finally A CRE Greenshoot To Grab Onto

By: Myles, July 20th, 2010

Finally, some good news. Commercial real estate markets across the U.S. continued on their trend of improvement in the second quarter 2010, according to Moody’s. The news is more than welcome, in that some upward pricing movement is always a good sign for the market, if not for the industries psyche. But the long-standing problems are […]

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OPPORTUNITY: Who Is Getting FDICs Distressed CRE?

By: Myles, July 14th, 2010

When banks fail, who’s getting their hands on the distressed properties taken over by the Federal Deposit Insurance Corp (FDIC)?

Here is one of the pieces of the distressed market puzzle ……
Read the full WSJ article.

The Opportunity: A partnership between Colony Capital LLC and a minority-owned investment firm won the bidding for a $1.85 billion portfolio […]

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Have Loan Modifications >> Think MylesTitle

By: Myles, July 13th, 2010

We are very pleased to announce …..
Reissue|Endorsement|TriAdvantage™
A valuable, turnkey solution for real estate professionals who have “existing” title policies and require “reissues” and “endorsements,” given that their loans are being modified by the banks. This is a better, cheaper, faster way to secure title insurance:  Proven & Effective!
MylesTitle is the brainchild of Myles L. Lichtenberg, […]

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Great review on CRE

By: Myles, July 12th, 2010

As part of its Commercial Real Estate Project, PIMCO has conducted an extensive overview of opportunities in the U.S. CRE market.
PIMCO has a notably less optimistic outlook. More specifically, as securities backed by existing assets see their cash flows dry out, as all valuable assets get extinguished, the repricing in assorted CRE fixed income securities, […]

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Extend and Pretend: Update Q3 2010

By: Myles, July 8th, 2010

We have addressed the topic of “Extend and Pretend,” with respect to banking activities relative to the current commercial real estate market. Apparently this is a topic that will be with us for quite some time. So what is the true state of the CRE market, as of today (Q3 2010):

Banks hold some $176 billion of […]

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CRE Bottom?

By: Myles, July 1st, 2010

The penultimate question, addressed in SeekingApha’s Keith Jurow’s timely article, Comercial Real Estate: Is There A Bottom In Sight?  Here’s the article in it’s entirety ….. It’s a great primer on the past, and perhaps a view into the future ….
In the last 18 months, the commercial real estate market has seriously deteriorated. Yet […]

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Elephant in the Room: The Commercial Real Estate Debt Bubble

By: Myles, June 29th, 2010

Hoe Brothers Investment Management - On the Road to Epic Fail 2010-06-27
This is a piece which is posted for the sole purpose of providing our readers with a detailed, potential roadmap for your financial and business planning initiatives in the days to come. We do not necessarily agree with or endorse this analysis, yet there are certainly interesting elements to consider. […]

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When will the CRE Bleeding Stop?

By: Myles, June 11th, 2010

Fitch reported today the commercial real estate (CRE) values continue to decline giving rise to greater loan losses on CRE. On the average throughout 2009, lenders recovered ONLY 43 cents on the dollar on distressed loans. And there’s more bad news; they see the loss rate only going up.

The average loss severity rate or the ratio […]

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Extend and Pretend: Proof Positive …

By: Myles, May 26th, 2010

Funds giving investors money back? If ever there was a red flag, and in the end a litmus test regarding the state of Commercial Real Estate (CRE), here it is. According to a just published WSJ article, Dearth of Properties Spurs Fund Giveback some real-estate funds, which raised billions of dollars hoping to pounce on […]

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