MBA Reports Increases in Commercial Loan Originations

February 3, 2010

Editor’s Note: This is an exciting sign for the commercial real estate industry.  After a 2+ year decline in loan originations this is big news.  This is the looming problem that people are looking at to see if it is going to really put it to the regional banks that have large exposure to this [...]

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Commercial REO Brokers Association To Host LA Dinner Meeting January 22 at LAX Marriott

January 19, 2010

Editor’s Note: I am thinking about flying down to this event and meet some of the players in the Commercial REO space being that this is the shoe that is dropping right now.  I talked to a good friend of mine that is a Hard Money guy and he said its just getting brutal out [...]

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Commercial foreclosures in Austin Texas soars 108% in 2009

December 30, 2009

2010 will be the year to watch in commercial real estate.  With all the talk of full recovery in 2010, we still have a declining retail market, high unemployment and commercial loans coming due.  If we can see the earnings come in where the market has priced them and jobs start getting created then maybe [...]

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Piper Jaffray starts $300 million dollar commercial paper program

December 30, 2009

Piper Jaffray Companies plans to start a $300 million commercial paper program, the investment bank said in a regulatory filing on Wednesday.The program will in part fund Piper Jaffray’s securities portfolio and provide general working capital, the filing said. Piper Jaffray, which caters to small and mid-size business customers, is recovering from five consecutive quarters [...]

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U.K. Fraud Office Arrests Six in Alleged Commercial Loan Fraud

December 10, 2009

U.K. prosecutors arrested six people and searched 19 properties in an investigation into suspected advance-fee fraud and rent fraud in the commercial property market. The Serious Fraud Office is investigating a company operating as Gresham Ltd. and Gresham Finance (London) Ltd. that offered commercial loans of as much as 250 million pounds ($416 million), the [...]

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Commerical real estate losses to slam GE Capital in 2010

December 9, 2009

Editor’s Note: A 13% drop in commercial real estate may be too conservative still for 2010.  I keep hearing very bullish comments from analysts but we still have interests at records lows and that can not go on forever.  Unemployment did notch down because of seasonal jobs but that still is not a permanent change [...]

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How A Government Bailout Created Today’s Commercial Real Estate Crisis

November 18, 2009

Editor’s Note:  This is a piece that covers a decent span of time and shows some of the events and regulations or deregulation that took place to create the current situation in the U.S. commercial property market.  A majority of the bank failures in 2009 had to do with overexposure to commercial loans connected to [...]

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U.S. commercial real estate to bottom in 2010 according to survey?

November 6, 2009

Editor’s Note: This is the most optimistic survey so far on the U.S. commercial property market.  We have seen an estimate as far as 2016 for a recovery.  If we are looking at unemployment not peaking until “atleast” the second quarter of 2010 (I believe 2011 or 2012 to be realistic), I don’t see businesses [...]

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