Treatment For Troubled Assets

Treatment For Troubled Assets From its inception, the Public Private Investment Program (PPIP) was considered to be a key component of the Treasury Department’s Financial Stability Plan.  The PPIP was designed to attract private capital with financing incentives to acquire various troubled legacy loans (including residential and commercial mortgages) and the legacy securities backed by … More Treatment For Troubled Assets

So Opus Goes, So Goes CRE

Troubles continue to mount for Phoenix-based Opus West Corp.  The onetime CRE behemoth announced that it has engaged legal counsel to “explore restructuring options.”  Given its success and stature, Opus West is widely regarded as a leader in the local commercial real estate industry and, if they are having trouble, it is widely believed that this is … More So Opus Goes, So Goes CRE

Losing Ground: Landlord Bankruptcy/Foreclosure Consequences on Leases

Losing Ground: Landlord Bankruptcy/Foreclosure Consequences on Leases Given the modest success rate for small businesses and startups, landlords have well-founded concerns about the viability of their commercial tenants. In today’s uncertain times, with the publicized bankruptcies and foreclosures by commercial landlords, many tenants are now wondering what would happen if their landlord filed for bankruptcy … More Losing Ground: Landlord Bankruptcy/Foreclosure Consequences on Leases

More Federal Help Wanted for Commercial Real Estate

The Term Asset-Backed Securities Loan Facility (TALF) has recently been expanded to include commercial real estate backed securities (CMBS). However, it believed among some local commercial real estate brokers, investors and developers that the drastic downturn in the commercial real estate requires further federal assistance.  The renewed call for action can be linked to the … More More Federal Help Wanted for Commercial Real Estate

Presenting the Stimulus Package’s Impact on Commercial Real Estate

This morning I gave a presentation to the Central Arizona CCIM (Certified Commercial Investment Member) Chapter on the impact the Stimulus Package is having on the commercial real estate industry.  My goal was to educate the attendees on some of the tools available to players in commercial real estate from the American Recovery and Reinvestment … More Presenting the Stimulus Package’s Impact on Commercial Real Estate