Articles About TALF

Foreign banks, American private equity firms and a leading Chinese sovereign wealth fund have been investing in commercial real estate in the United States in the hope that interest rates stay low. This increasing interest from investors could be a sign that the market is experiencing some stabilization.  According to Bob Steers, co-chairman of Cohen […]

The markets are keeping a close eye on a transaction that may jump start the commercial property debt market, even though the Federal Reserve has expressed some uneasiness with the deal.  If the transaction is successful, it could pave the way for the initial sale of commercial mortgage-backed securities (CMBS) under the government Term Asset-Backed […]

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 […]

Don’t look for the country’s commercial real estate market to improve any time soon.  In fact, expect it to continue to get worse for the next year or so.  That was the conclusion from a panel at the National Association of Real Estate Editors journalism conference in Washington, D.C., that addressed the question:  “Commercial Real […]

A rather unexpected source may rescue the stalled Chicago Spire  condominium project – and pump significant money into Chicago’s battered economy by creating thousands of construction jobs.  Representatives from the AFL-CIO Housing Investment Trusts are in early discussions with developer Shelbourne Development Group to revive construction of the twisting Santiago Calatrava-designed condominium tower, located on […]