The yield on the 30-year Treasury fell to the lowest since regular issuance of the securities began in 1977. Widening financial turmoil wiped more than $10 trillion off stock markets worldwide this month and many foreign currencies lost value as the credit/liquidity issue impacts foreign banks and governments. Consolidation in the banking sector [...]
Heading out to Las Vegas tomorrow for a couple of days to review a very unique investment opportunity with Greg.
I got this in an email recently from the lead property manager of our NC portfolio … with the tremendous stock market drops of recent days, sometimes laughter is indeed the best medicine (IF you have all your money in the stock market that is … of course, I prefer commercial real estate … after [...]
Ending one of the most volatile weeks in U.S. financial history, fixed-interest rates for multi-family and commercial loans fell across the board as agency lenders came down about one-quarter percent and commercial banks pricing off of swaps lowered rates by a similar margin.
Many banks that are exercising extreme caution in the face [...]
Roundup of latest bailout news and the commercial real estate industry’s reaction.
My favorite headline of recent days: “Is testosterone to blame for the financial crisis?”
Good rundown on the bailout: “Analyzing The Bailout: What’s In It, Anyway?”
