This summer, a spike in defaults and foreclosures on residential mortgages scared investors from many types of lending, including commercial real estate financing.
"A lot of mezz lenders are sticking it out, hoping things get better in 2008, " says Scott McPherson, principal at Capital Advisory Group, which arranges real estate financing.
To answer this, I have outlined potential implications for two of the most common commercial real estate investment strategies, commercial real estate financing, two types of MSAs and some of the participants in the commercial real estate market.
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Really, rather than a real estate holder, think of the firm as a financing firm focused on real estate, which allows its clients to free up capital for other business uses.
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Among these Louisiana-based shareholders is David Vey, a wealthy real estate developer who provided rescue financing to Sedona in 2003, joined its board and now owns about 44% of its outstanding shares.
The Spanish banking system is plagued by huge and unrealized losses from the financing of the real estate bubble.
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The BBVA bank, one of the 18 banks downgraded by credit agency Fitch on Monday, is now offering a mortgage with 100% financing on its real estate website.
They, therefore, confine themselves into routine and predictable business, simply collecting deposits and financing government decided real estate projects and SOEs-providing the fuel for the next bubble, rather than searching for creditworthy clients.
They, therefore, confine themselves into routine and predictable business, simply collecting deposits and financing government decided real estate projects and State Owned Enterprises (SOEs)-providing the fuel for the next bubble, rather than searching for creditworthy borrowers.
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Orix, which listed on the New York Stock Exchange in 1998 and whose shareholder base is more than 50% outside Japan, also operates in investment banking, life insurance, venture capital and in the financing of real-estate development.
He has 20 years experience in commercial real estate development, acquisition, leasing and financing.
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Back in the 1980s, Japanese bankers poured billions of dollars into residential and commercial real estate and fine art both inside and outside their country, financing one of the biggest bubbles in modern history.
Thus far GE's real estate lenders haven't had much to do with the folks financing copy machines.
The financing was provided by Goldman Sachs and is backed by the retailers real estate assets, my colleague Steve Schaefer reported.
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Until recently, mortgage financing was neither accessible nor affordable to most and tight regulations prevented direct foreign investment in the real estate market.
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