|
|
|
|
|
Volume 3 - Number 3 | February 13, 2006
|
TOP STORY: Backlash Grows Against Eminent Domain Ruling
By Erika Morphy
Officials in New London, CT recently approved a plan that would allow property owners who had fought – all the way to the Supreme Court – against property seizure through eminent domain to remain in their homes. Even though the Supreme Court ruled against the property owner, local officials are bowing to community pressure.
|
|
Morgans Hotel Group Has High Hopes for IPO
By Benjamin Mark Cole
In another sign that both private and public equity markets are interested in the hospitality industry, the Morgans Hotel Group Co. has increased estimates of the expected proceeds from an initial public offering. The company filed disclosure documents with the US Securities and Exchange Commission indicating that it will raise up to $435 million in the IPO, up from a previously disclosed $300 million.
|
|
Capital Watch: Commercial Loan Volume Could Rival 2005 Totals
By Benjamin Mark Cole
The Mortgage Bankers Association expects commercial real estate mortgage volume this year to rival the records set in 2005. During the past year, the dollar volume of loans on commercial real estate and multifamily properties surged 48% to $201.7 billion, up from $136.3 billion a year earlier.
|
|
USC Professor Describes Real Estate As Stable
By Benjamin Mark Cole
When it comes to identifying a possible real estate bubble, Dolores Conway is an expert. She is director of the Casden Real Estate Economics Forecast at the Lusk Center for Real Estate at the University of Southern California and is also an associate professor at the Marshall School of Business at USC. D&E Journal asked her for her take on the much discussed real estate bubble and other industry issues.
|
|
|
|
|
|
|
|
|
