Current issue -
Subscribers only
|
|
|
|
|
Volume 3 - Number 13 | July 12, 2005
|
TOP STORY: Warnings Increase Over Risk of Conversion Loans in CMBS
By Sule Aygoren Carranza
A second rating agency report has come out warning about the risks of including condominium conversion loans in CMBS pools. And now the latest report, augmented by numbers released just yesterday, echoes concerns being raised elsewhere in the capital markets world.
|
|
INSIDER: Prudential Real Estate Investors’ Jonathan Short
By Sule Aygoren Carranza
A recent $140-million equity infusion from Prudential Real Estate Investors will allow a Stuttgart, Germany-based real estate operating company to double in size. So what does Prudential Real Estate Investors managing director Jonathan Short, of the company’s London global merchant banking team, think of it? He recently took a few minutes to talk about the fund, its investment strategy and the opportunities in the German residential market.
|
|
Multifamily Loans Still Account for Bulk of Outstanding Debt
By Sule Aygoren Carranza
The level of commercial and multifamily debt outstanding swelled to $2.35 trillion by the end of the first quarter, representing a $55 billion, or 2.4%, increase from year-end 2004. What’s more, multifamily mortgages accounted for a bulk of that total, $607 billion, a quarter-over-quarter increase of $7.6 billion, or 1.3%.
|
|
Deal UpClose: ‘Precedent-Setting’ Project Rising in San Diego
By Sule Aygoren Carranza
Ground broke last month on a 500-unit luxury apartment community within a 129-acre master-planned development in San Diego’s Simi Valley. A development of Irving, TX-based JPI, Jefferson at Simi Valley will overlook Simi Valley Town Center, a regional lifestyle center that’s also part of the master plan and features more than 120 stores, restaurants, entertainment venues and shopping destinations such as Macy’s. The story of how the community got off the drawing board and into reality is a tale of partnership among various local partners.
|
|
|
|
|
|
|
|
|
