Moody’s Gives Aaa Grades to Riskier CMBS on Loan Diversity

June 9, 2010

Bloomberg – Moody’s Investors Service plans to grant top ratings to U.S. commercial-mortgage bonds with less investor protection and potentially riskier underlying loans than in the market’s previous sale. Almost $609 million of securities being sold by JPMorgan Chase & Co. with so-called credit enhancement of 15 percent will get Aaa grades from the New [...]

Read the full article →

LA Times: Worst may be over for commercial real estate?

June 9, 2010

LA Times – After nearly three years of declines there are signs that Southern California’s beaten-down commercial real estate market has struck bottom — setting up the possibility of a rebound later this year. In a sign of the easing, heavyweight investors armed with buckets of cash are on the prowl, looking to snap up [...]

Read the full article →

GE Capital to cut commercial real estate holdings by 50%

June 9, 2010

This is good news that GE is shedding non-core business assets so it will not be as effected by fluctuations in the financial and capital markets.  The more pressing question is this a signal beyond that on the current status of the commercial real estate markets?  A 50% reduction is nothing to shake a stick [...]

Read the full article →

CB Richard Ellis Group Inc. Ranked Highest Commercial Real Estate Services Firm

June 2, 2010

CB Richard Ellis Group today announced the Company was the highest ranked commercial real estate services company on the list of premier global outsourcing firms published in the Black Book of Outsourcing, an independently produced annual guide that evaluates the costs and benefits of outsourcing. Compiled by Datamonitor Group, Black Book produces an annual ranking [...]

Read the full article →

Government lending a must for small business finance

June 1, 2010

Editor’s Note: This article correctly pointed out that credit for small businesses is far from recovered.  Personally, I have spoken with small business owners and their experience in dealing with their local bank on this issue.  Even if you have great books and a established track record of generating income, they don’t want to lend [...]

Read the full article →

Foreign bank commercial paper volume falls for fifth week straight

May 28, 2010

Editor’s Note: The markets are on high tension mode right now.  We have a 16.6% drop from last month.  With the Greece bailout and possible Spain and Portugal, investors are seriously considering default as options these government might take to fix these distressed financial positions.   In this WSJ article, it mentioned a Spanish bank [...]

Read the full article →

U.S. commercial paper shrank for the week by $20 billion

March 4, 2010

Editor’s Note: This is an important statistic to watch, if the U.S. economy is really seeing recovery, we should see steady increases in the commercial paper market.  That would show that businesses are needing more short-term funding for operation like increasing production and payroll and that would show up in increases of issuance of commercial [...]

Read the full article →

Former Merrill Lynch CEO John Thain appointed CIT chief

February 8, 2010

Editor’s Note: This is good news for CIT, they really needed strong leadership to turn around the large independent business lender.  Mr. Thain will have a large task at hand as well.  CIT has a large amount of outstanding debt and they are not getting TARP assistance in the commercial paper market.  He is looking [...]

Read the full article →

← Previous Entries

Next Entries →