Articles About Commercial Properties

Author:
James I. Clark III
Posted:
10.28.2009

Majority of UK Commercial Property Loans in Default

The majority of commercial property loans in the United Kingdom are currently in default, according to a study by CB Richard Ellis.  Approximately £200 billion ($327 billion) is required to refinance existing loans secured against £450 billion of properties over the next five to seven years.  Only half of that amount is available, according to […]

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Author:
James I. Clark III
Posted:
09.30.2009

Treasury Rolls Out Tax Code Change That Favors CMBS Borrowers

The Treasury Department has issued new tax rules that make it easier for commercial real estate owners to restructure loans on distressed properties that were package by Wall Street and sold as CMBS.  The real estate industry, which lobbied hard for the changed rules, were generally happy but wary that it could open a can […]

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Author:
Jafer Hasnain
Posted:
09.17.2009

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
Jafer Hasnain
Posted:

Don’t Want to Buy Distressed Assets? Then Try Insuring Them

Warren Buffett’s Berkshire Hathaway has started selling insurance coverage on foreclosed homes occupied by distressed borrowers with the goal of making money from banks hurt by the mortgage market collapse.  These policies are riskier than usual home coverage because the properties may be neglected or vandalized. “It’s part of the standard practice of Berkshire, which […]

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Author:
James I. Clark III
Posted:
08.03.2009

Distressed CRE Hits $108 Billion

More than $108 billion of commercial properties in the United States are now in default, foreclosure or bankruptcy.   That preliminary statistic is nearly double the amount reported at the start of 2009, according to New York-based Real Capital Analytics, Inc. At the end of June, 5,315 buildings were reported to be in financial distress.  Hotels […]

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