NEWS
posted by Randy Sierra - Wednesday, October 21
BofA agrees to sell First Republic Bank
Read to find out who is buying and how much they agreed to pay.
When word emerged earlier this year that First Republic was on the sales block, the Business Times heard from several wealthy individuals and private equity firms interested in considering investing in a newly independent First Republic.
posted by Randy Sierra - Wednesday, October 21
Economists: Commercial Real Estate Debt Won't Be the Next Shoe to Drop
Read to find out why some economists think that commercial real estate will not follow the foreclosure footsteps of residential property.
The situation seems especially ominous given that commercial real estate values are off 40 percent from market peaks and credit markets are barely out of hibernation mode. That means indebted owners can't sell a property and repay their mortgage with deal proceeds. It also makes refinancing difficult.
posted by Randy Sierra - Thursday, October 15
Store Closings Likely to Peak in First Half of 2010
Is the end near? Read to find out what the retail sector is looking at for near term and the coming year.
Some experts are seeing the fewer-than-expected closings as a sign that the worst is over for the industry, especially given the broader economic stabilization that has emerged in recent months.
posted by Randy Sierra - Friday, October 9
Realshare's 2010 National Apartment Outlook
National outlook on what the apartment segment will do in 2010 taken from industry experts that met at the Realshare Apartments 2009 conference in Los Angeles.
Moving to the capital and mortgage market outlook, perhaps the biggest unknown, Culkin said, is how lenders manage their apartment portfolios. Will they continue to extend maturing loans or demand repayment, or at least sizable pay-downs?
posted by Randy Sierra - Tuesday, September 22
US REITs on the Rebound
US REITs took it on the chin, but are not down and out. This article does a great job in educating the reader on how they weathered the storm and what they've done to emerge positioned to move into the future.
So far this year, U.S. REITs have raised more money through common stock offerings than in the past nine full years, according to SNL Financial. As of mid-August, U.S. REITs had raised more than $15.9 billion in equity offerings.
posted by Randy Sierra - Monday, September 21
$2 Billion in prime commercial real estate for sale
Read this article to find out who is selling, how many buildings, where the buildings are and who is in the running to list the trophy assets.
The buildings are trophies — made even more valuable by their long-term lease-back agreements. The portfolio, which also includes buildings in San Francisco and Los Angeles, represents more than 5.66 million square feet.
posted by Robin Webb - Friday, September 18
REITs Continue to Strengthen Liquidity
Fitch chimes in on the current condition of REITs. Where are they to date? Are they still being challenged in this ecomony? Read on to see Fitch's outlook.
Increasing access to, and raising of, new capital is improving the outlook for U.S. equity REITs, according to Fitch Ratings.
