J.P. Morgan’s commercial real estate head is ready to lend

March 28, 2011

Editor’s Note: This may be a sign that better times are on the way.  I still believe that we still have a very major correction in the economy coming with all this debt still loaded in.   But, for the forseeable future, we should see improvement in the economy and the more pronounced this recovery is, […]

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Ally Financial offers to exchange $2 billion in bonds

October 21, 2010

(AP) Auto financing company Ally Financial  on Thursday announced an offer to exchange $2 billion worth of its private unsecured bonds. The terms of the original private issuance in February required the company to offer to exchange the notes for newly issued bonds registered with the Securities and Exchange Commission. The outstanding 8.3 percent senior […]

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Investcap Advisors releases new commercial property delinquency data for Sept 2010

October 13, 2010

Business Wire – InvestCap Advisors, LLC, a leading provider of surveillance data on loan and commercial real estate performance, released their September data on CMBS delinquencies. Investcap Advisors releases its September 2010 CMBS delinquency rate data which continued to climb reaching a level of 9.03%, representing a 16 basis point increase over August. “We continue […]

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GE Capital is agent for $53 million credit facility to Portola Packaging

September 23, 2010

Business Wire – GE Capital, Corporate Finance today announced it is administrative agent for a $53 million cash flow credit facility to Portola Packaging, Inc., a leading designer, manufacturer and marketer of tamper-evident plastic closures. The loan supports the company’s recapitalization. GE Capital Markets served as lead arranger. Headquartered in Naperville, IL, Portola Packaging designs, […]

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Commercial real estate brokers see their prospects improving

September 23, 2010

With landlords and banks being very flexible with tenants and borrowers who were getting burned by the housing and commercial real estate meltdown, it looks like signs of life are starting to appear in the sector.  IBD cited that leasing rates are up and more companies are stating to move on properties and floorspace.  The […]

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Commercial mortgage-backed loan delinquencies increase

June 18, 2010

Editor’s Note:  It is pretty startling that 25% of all commercial multi-family loans in Jacksonville are 60 days of more behind on their mortgage payments.  According to a CB Ellis analyst, most of these properties were financed during the height of the housing bubble. Either money will need to be brought for refinancing or we […]

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Demand may loosen U.S. commercial real estate lending

June 15, 2010

Editor’s Note: Mark Davis in this article made a good point that is the most important aspect in a recovery in the commercial loan market.  He mentioned that is looks like underwriting standards have not declined in quality which means they are making sure the deals, valuation and borrowers all in line with having a […]

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JP Morgan’s $716.3M Commercial Mortgage-Backed Security Sold

June 14, 2010

Editor’s Note:  This is good news to read.   Hopefully this becomes a regular occurrence in the commercial real estate and finance space.  It will be good to see capital from investors to come back to this shunned part of the market.  More news to come. Dow Jones – J.P. Morgan Chase Commercial Mortgage Securities Corp. has […]

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