Archive for November, 2007

Hedging Your Bets: Will Commercial Follow Residential Subprime?

By: Myles, November 7th, 2007

Individual investors curious about the fate of commercial real estate mortgages may want to consider actions now being taken by some hedge funds and other significant investors. These major players in the investment game, who netted sizable profits from the disastrous subprime residential mortgage failures, now appear to be basing their investment decisions on analogous […]

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Sinclair Broadcast Group Investing in Maryland Commercial Real Estate

By: Myles, November 5th, 2007

Unable to increase its TV station holdings due to an unusually competitive market, Sinclair Broadcast Group revealed on October 31 that it has begun investing in commercial real estate in Maryland and other places.
Sinclair, the largest independent owner of TV stations in the U.S., spent $35.1 million for its initial purchases, which included a $9.1 […]

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Maryland Commercial Real Estate Tax “Loophole” Under Fire

By: Myles, November 2nd, 2007

Under the provisions of the Tax Reform Act of 2007, the Maryland House of Representatives has acted to close a tax loophole that allows large commercial real estate interests to avoid paying recordation and transfer tax fees by setting up LLCs for the sole purpose of owning real property. At least 10 other states and […]

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