Archive for May, 2008
By: Myles, May 29th, 2008
So you think title is typically not an integral part of your deal. Think again!
Here is a title story, of epic proportions, told to us InmanNews. Remember this scenario the next time someone poo-poos the importance of securing title, prior to a development deal.
Some Hollywood moguls who were ready to build a $282 million movie production […]
Tags: Clearing Title, Sub Prime, Title
Posted in Developers, Subprime, Delinquency Rates, Real Estate Brokers, Attorneys, Commercial Title Companies, Bankers, Commercial Real Estate |
By: Myles, May 27th, 2008
Just to put a point to the notion that the Commercial Real Estate (CRE) market could actually become a lot worse, Seeking Alpha just posted a most interesting thumbnail analysis as to how we could see a huge downturn, with respect to the overall value in the CRE arena in the very near future.
The sale […]
Tags: CRE Values
Posted in Real Estate Brokers, Developers, CMBX, Attorneys, Bankers, Commercial Title Companies, Market Trending, Commercial Real Estate |
By: Myles, May 23rd, 2008
Here is an absolutely fascinating analysis of the commercial real estate market as posted in Seeking Alfpha, entitled Real Estate: Modern Fundaments.
A Historical Analogy: As we think about the dominance of the dinosaur and the 40 plus million years they roamed the earth, there is a clear sense of power. It is all the more powerful […]
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Posted in Developers, CMBX, Historical Perspective, Annual Recap, Market Trending, Commercial Real Estate |
By: Myles, May 22nd, 2008
Amongst all the clutter (and there is surely tons of clutter in the news these days), here is some truly worthwhile reading regarding: “Why a Housing Bailout Won’t Help,” from the Wall Street Journal’s Holman Jenkins, Jr.
Most of us have read the anti-bailout arguments. What makes this piece so very interesting is Holman’s analysis of […]
Tags: Sub Prime
Posted in Developers, Delinquency Rates, Real Estate Brokers, Attorneys, Regulation, Bankers, Market Trending |
By: Myles, May 22nd, 2008
Applications for U.S. home mortgages, as reported by CNBC, fell to its second-lowest level of the year last week as interest rates rose, as the Mortgage Bankers Association (MBA) said in its seasonally adjusted index of mortgage application activity.
Name the category …. none of it is positive:
The number of applications for mortgages fell 7.8 percent […]
Tags: Home Mortgage Data
Posted in Mortgages, Real Estate Brokers, Home Equity, Historical Perspective, Annual Recap, Market Trending |
By: Myles, May 21st, 2008
We just reported on some promissing commercial retail real estate news, yet according to MarketWatch, commercial real estate markets in general should weaken in the months ahead, according to reports released May 21, 2008 by trade groups representing realtors and architects. Perhaps the most important thing we can all do, at this point, is simply […]
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Posted in CMBX, Historical Perspective, Market Trending, Commercial Title Companies, Commercial Real Estate |
By: Myles, May 20th, 2008
As reported in the Baltimore Business Journal, nearly 450 new shopping centers were added this year, through May 10, 2008, according to the latest industry report by from the International Council of Shopping Centers.
Here are some interesting supplemental data (and factoids) regarding the commercial real estate sector (and the retail arena, specifically):
The Big Picture: In 2008 there […]
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Posted in Attorneys, Developers, CMBX, Retail, Bankers, Historical Perspective, Commercial Title Companies, Market Trending, Annual Recap, Commercial Real Estate |
By: Myles, May 19th, 2008
As reported by Forbes – prices for commercial real estate slipped more than 2 percent in March 2008 as it became tougher, to borrow money to buy property – Moody’s reported Monday, May 19, 2008:
SOME BAD NEWS: The Moody’s REAL Commercial Property Price Indices fell 2.3 percent in March from February 2008, the largest one-month decline since […]
Tags: Commercial Real Estate Pricing
Posted in CMBX, Historical Perspective, Annual Recap, Market Trending, Commercial Real Estate |
By: Myles, May 9th, 2008
History does seem to repeat itself more often than not. So here we go again ….
In a fascinating expose in the Wall Street Journal, Jennifer Forsyth chronicles how property mogul, Ian Bruce Eichner, is poised to take yet a second fall from grace in less than two decades.
Forsyths WSJ piece not only documents the present […]
Tags: Commercial Development
Posted in CMBX, Delinquency Rates, Developers, Historical Perspective, Commercial Title Companies, Market Trending, Commercial Real Estate |
By: Myles, May 7th, 2008
July 1st is almost upon us. And in the current edition of the Maryland Register, the State Department of Assessments and Taxation (SDAT) has published its proposed regulations to implement the recordation and transfer taxes on the transfer of a controlling interest in a real property entity. Have the loopholes been closed?
This issue is not one of first impression […]
Tags: Real Estate Transfer Taxes
Posted in SDAT, Transfer Taxes, Attorneys, Regulation, Commercial Title Companies, Real Estate Laws and Taxes, Commercial Real Estate |