Resources
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Big CMBS Loans Near Default; CMBX Soars, REITs Tank
- REIT Wrecks submits: The BBB-5 CMBX is above 3250. Do you know where your money is? These are record levels for the index, and they are seemingly indicative of even greater trouble in the CMBS market. If one were to use the stock price of many Mortgage REITs however, it...
- External links 2008-11-19
- Investing in REITs: Boring Is Best
- REIT Wrecks submits: Zillow reported that American homes lost about $1.4 trillion in value in the fourth quarter of 2008 alone. This value vacuum is directly connected to the dismal earnings now being reported by Apartment REITs. But first, one amazing factoid: this one quarter decline is...
- External links 2009-02-11
- Commercial Real Estate Investors Face Pivotal Q4
- REIT Wrecks submits: REIT earnings season got into full swing last week, but there's a lot more on investors' minds these days that last quarter's earnings. Transaction volume has continued to plunge, and CMBS loans placed in special servicing have continued to rise like a poodle in a jetpack. This...
- External links 2009-05-13
- Maguire Properties Defaults on Quintana Loan
- REIT Wrecks submits: Maguire Properties MPG, the office REIT that bought 24 office properties and 11 development sites from Blackstone BX for $2.88 billion at the height of the market, just got a market read on its Orange County holdings. According to the Wall Street Journal, Emmes Holdings in New...
- External links 2009-06-18
Additional Resources
- How Could My Big, Beautiful Loan Go So Bad, So Quickly?
- REIT Wrecks submits: "It's surprising that you'd have a New York City multifamily [default] happening so quickly," said Manus Clancy, senior managing director at Trepp Research. Surprising, that is, unless the mortgage payment is more than double the monthly net income. Impossible you say? Not really, this was the...
- External links 2008-08-17
- Fannie and Freddie Can't Sell Their Debt
- REIT Wrecks submits: A few days ago, I was talking with a friend who until very recenty had been in charge of capital markets at a privately-held "hard money" lender. Hard money is a rough and tumble world of last resort, where borrowers who are out of both time and...
- External links 2008-08-24
- U.S. Treasury to Make Open Market MBS Purchases
- REIT Wrecks submits: While market participants work overtime to digest every detail of the government's takeover of Fannie Mae FNM and Freddie Mac FRE, Globest.com is reporting that one aspect of the plan is a new program in which the U.S. Treasury, at the discretion of Hank Paulson, will purchase agency mortgage backed securities...
- External links 2008-09-10
- << Previous
- page 1 of 1
- Next >>
