Articles About General

Author:
Tom Silva
Posted:
08.27.2009

Alter NOW Blog Featured on Alltop®

The Alter NOW blog is pleased to announce that we are among the select few to be included in the real estate section on Alltop, an internationally renowned website that collects the “headlines of the latest stories from the best sites and blogs that cover a topic. Alltop, which envisions itself as the magazine rack […]

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Author:
Mike Rancilio
Posted:

Michael Alter Joins Investor Group to Purchase The New Republic

We are excited to announce that Michael Alter, president of The Alter Group, is part of an investment team that has purchased The New Republic (TNR).  TNR is one of the nation’s oldest political and cultural magazines.  The Obama administration has chosen it as one of the magazines placed on Air Force One, and Chief […]

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Author:
James I. Clark III
Posted:
08.18.2009

Unraveling CMBS Proving Difficult for Banks

An interesting comment in an article that some might have missed.  GlobeSt.com reports that Eastern Consolidated CEO Peter Hauspurg said  “part of the whole thing that’s keeping these banks glued up with the CMBS is the fact [that] no one has been able to unravel the loans they understood when they made them.” Hauspurg noted […]

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Author:
Matt Ward
Posted:
07.29.2009

Watergate Hotel Relegated to White Elephant Status

The Watergate Hotel – the site where the “third-rate burglary” that sparked the biggest political scandal in American history and brought down Richard M. Nixon’s presidency was plotted — is now a distressed commercial property that failed to find a buyer at a much-anticipated auction. The 251-room hotel, with its spectacular views of the Potomac […]

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Author:
James I. Clark III
Posted:
07.28.2009

Banks Charging Off Bad Commercial Loans at Fast Pace

A new Wall Street Journal analysis shows that U.S. banks are charging off bad commercial mortgages at the fastest pace in almost two decades.  At the current clip, losses on loans that financed apartments, retail centers, offices, and other commercial real estate could total nearly $30 billion by the end of the year. Thousands of […]

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Author:
Tom Silva
Posted:
07.24.2009

Bernanke Report to Congress: Signs of Stabilization

In his semi-annual testimony before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke said that although the economy is exhibiting “tentative signs of stabilization,” he plans to maintain a “highly accommodative” monetary policy for the time being.  According to Bernanke, “The pace of decline appears to have slowed significantly.  In light of the […]

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Author:
John Coletta
Posted:
07.16.2009

A Win for the Cubs

At a time when real estate assets are moving slowly, other areas are being eyed for opportunity plays.  Bond salesman Thomas Ricketts had just about closed his bidding group’s purchase of the Chicago Cubs from the Chicago Tribune.  Documents relating to the fully financed transaction were sent to Major League Baseball over the 4th of […]

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Author:
Chris Manheim
Posted:
07.15.2009

Economic Development: Packaging A Loan in Today’s Market

Economic development organizations are stepping in to help plug the credit hole.  We all know what the economy is like today, and it is unlikely that the industrial and commercial real estate markets will soon turn around. As an economic developer, I see another side of the economy where both communities and businesses are seeking opportunities […]

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Author:
Tom Silva
Posted:
07.01.2009

Michael Jackson’s Finances Illustrate Investor Over-exuberance

The tragic death of the “King of Pop” provides an interesting insight into how hedge funds and private equity groups buy loans  in anticipation of future earnings. Michael Jackson made real money during his 40 years as an entertainer; unfortunately, he also lost a lot of money, especially over the last 10 years. Reports are […]

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Author:
Tom Silva
Posted:
06.29.2009

Larry Armstrong: Architecture During a Recession

The best way to survive a recession is to have a strategic plan firmly in place when the inevitable downturn happens.  That’s the opinion of Larry Armstrong, President of Ware Malcomb, an Irvine, CA-based international architectural firm with ongoing projects in the United States, Latin America, Asia and Europe. In a recent interview for the […]

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