Blog

Author:
Catalina Parada
Posted:
01.23.2012

A Tale of Two Countries: Germany and Spain

Germany’s unemployment declined more than predicted in December as car and machinery exports boomed and one of the mildest winters on record helped construction jobs. The number of jobless people declined a seasonally adjusted 22,000 to 2.89 million, according to the Nuremberg-based Federal Labor Agency.  Economists had forecast a decline of 10,000.  The adjusted jobless […]

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Author:
Catalina Parada
Posted:
11.15.2011

Spain’s New Financial Hit: S&P Downgrades Its Credit Rating

Standard & Poor’s slashed Spain’s credit rating to AA-, three steps beneath the highly desirable AAA, underscoring the challenges facing Europe’s major powers as they meet G20 counterparts over the eurozone debt crisis.  S&P, whose move mirrored that by fellow ratings agency Fitch, cited high unemployment, tightening credit and high private-sector debt.  Spanish 10-year government […]

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Author:
Mike Ricamato
Posted:
07.07.2011

Saab Story

Venerable Swedish automaker Saab is unable to pay its employees and is likely headed into bankruptcy.  Saab and Zeewolde, Netherlands-based owner Swedish Automobile NV, are in talks to raise cash, the company said.  Options include selling and leasing-back the factory in Trollhaettan, Sweden.  “There can however be no assurance that these discussions will be successful […]

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Author:
Randy Thomas
Posted:
11.15.2010

Covered Bonds Could Be a Viable Alternative to CMBS

A financing vehicle that has been used in Europe since it was invented in Prussia in 1769 is finding its way to American shores as a replacement for commercial mortgage-backed securities (CMBS).  The vehicle is known as covered bonds, which is a securitized debt instrument backed by a pool of top-quality assets, primarily mortgages. What […]

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Author:
Jafer Hasnain
Posted:
10.25.2010

Foreclosure Crisis Requires Creative Thinking

As I caught up on my New York Times reading over the weekend, I was struck by how consuming an issue this foreclosure legal mess has become.  It is on the front page, on the Op-Ed page and on the inside.  Well summarized in newspapers and well noted in the blogosphere. This issue has progressed […]

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Author:
Michael Alter
Posted:
09.22.2010

The Alter Group Named NAIOP’s 2010 Developer of the Year

I am pleased to announce that The Alter Group has received the great honor of being named the 2010 Developer of the Year — the industry’s most prestigious award — by NAIOP, the Commercial Real Estate Development Association on behalf of our entire national team and our talented executive group, which has been in place […]

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Author:
Rodrigo Silva
Posted:
07.21.2010

World Cup Redux

So, another World Cup ends and the succeeding weeks bring a nagging sense of withdrawal  but also a chance to revisit the narratives that were played out.  The pathos of the World Cup tournament came largely from Holland’s defeat – its third in a World Cup final.  This country which has produced some of the greatest players of all time […]

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Author:
Rodrigo Silva
Posted:
07.20.2010

Spain Wins the World Cup

Spain’s extraordinary win in the 2010 World Cup means the country now joins a rarefied group of soccer royalty – Brazil, Germany, Argentina, Italy and France – as one of the handful of countries to win the game’s highest honor.  The defining features of the Spanish team were their midfield dominance — Iniesta, Xavi, Fabregas  […]

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Author:
Randy Thomas
Posted:
07.19.2010

Up In the Sky! It’s 2010’s Best Tall Buildings

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced the finalists for its 2010 “Best Tall Building” awards.  The annual awards recognize exceptional tall buildings from each of four geographical regions and are chosen for their design and technical innovations, sustainable attributes, and the enhancement they provide to their cities and the inhabitants. […]

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Author:
Mike Ricamato
Posted:
03.15.2010

RIP Hummer: 1992 – 2010

General Motors took its Hummer brand off life supports and will let the iconic SUV die a peaceful death.  GM’s brief statement said that its planned sale of Hummer to the Sichuan Tengzhong Heavy Industrial Machines Company “cannot be completed,” without giving a reason. The $150 million deal had been stalled as the companies awaited […]

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