Jan 26 2010
Commercial Real Estate and Tishman and Blackrock Walking Away from a $4.4 Billion CRE Deal. How to Lose 66 Percent on an 11,000 Unit Property. Why Walking Away from CRE is no different from Walking Away from Residential Real Estate.
It is becoming more of a preferred strategy to systematically walk away from commercial real estate debt. We have now had two large Wall Street organizations in Morgan Stanley and Tishman and Blackrock Inc. deciding, by voluntary choice, to walk away from their contractual obligations on commercial real estate. Now much has been made regarding [...]
Jan 7 2010
What Isn’t Happening with the $3 Trillion Commercial Real Estate Market: Loans Falling and Vacancy Rates at Record Heights at 10 Percent.
With commercial real estate, you can learn a lot from what isn’t happening. We all know that the $3 trillion commercial real estate market is already taking a drubbing in terms of pricing. CRE prices are down over 40 percent from their peak elevated levels. Yet with commercial real estate you don’t have the typical [...]

