It looks like NYC commercial market may be under pressure after a long period of favored growth and development.
clipped from www.reuters.com
Trouble in NYC commercial mortgage market-Barron’s
NEW YORK, Sept 7 (Reuters) - A handful of Manhattan apartment deals appear to
be potential trouble spots for the U.S. commercial mortgage market, according to
Barron’s.
Banks have restricted lending [...]
clipped from www.bondbuyer.com
.A. County Museum Sets $383M Refunding
Monday, September 8, 2008
By Andrew Ward
border=0>Reprints
SAN FRANCISCO - The Los Angeles County Museum of Art will bring $383 million
of variable-rate bonds to market tomorrow to refund its outstanding
variable-rate debt portfolio.
The bulk of the debt will refinance auction-rate securities issued in 2004
and 2007, while a small portion will refund [...]
Shopping centers are seeing large reductions in some areas as large retailers consolidate and expand their online presence. We still perform financing to 85% even with this downward market pressure.
clipped from www.kansascity.com
Recent closings are beginning to change shopping landscape
By JOYCE SMITH
The Kansas City Star
Shopping center owners and developers in Kansas City and across the country
are [...]
clipped from www.commercialpropertynews.com
Fannie, Freddie Continue Uphill Fight to Restore Confidence
Aug 29, 2008
By: Paul Rosta, Commercial Property News, Keat Foong
and Anuradha Kher, Multi-Housing News
Whether
Fannie Mae and Freddie Mac will stave off rescue by the federal government
remains to be seen, but the beleaguered mortgage companies are taking steps that
they hope will restore investor confidence.
A management shakeup
announced [...]
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