
Commercial Real Estate Restructuring Revolution
Strategies, Tranche Warfare, and Prospects for Recovery
Stephen B. Meister(Autor*in)
Wiley (Verlag)
Erschienen am 6. Dezember 2010
238 Seiten
978-0-470-94430-1 (ISBN)
Systemvoraussetzungen
für ePUB mit Adobe-DRM
E-Book Einzellizenz
Bei dem Kauf dieses E-Books erwerben Sie eine Einzel-Lizenz für eine natürliche Person, die nicht übertragbar ist. [L]
Als Download verfügbar
Beschreibung
How to plan for the commercial real estate collapse
Encompassing apartment, office, retail, hospitality, warehouse,manufacturing, and flex or R & D buildings, commercial realestate (CRE) investment in the U.S. totaled $6.4 trillion at theend of 2008. As noted in the February 2010 Congressional OversightPanel Report, $1.4 trillion of CRE debt is coming due by 2014 andhalf of the CRE projects securing such debt are underwater.Commercial Real Estate Restructuring Revolution: Strategies,Tranche Warfare, and Prospects for Recovery looks at how we gotinto this mess-impacts of the housing crisis, debtstructures, lender-borrower collusion, and bankruptcyabuses-and offers possible solutions to the CRE crisis. Alongthe way, author Stephen Meister:
* Discusses how CRE value losses are beingdriven by investors' risk adjusted cap rates, not just poorermarket fundamentals
* Discusses strategies and emerging trendsin CRE foreclosures, including forced lender fundings, lenderattempts to chill bids and UCC foreclosure tactics andpitfalls
* Proposes legislative solutions andexplains how any rebound will require federal spending cuts, a vastdeleveraging and a market clearing process
With a crashing CRE debt market and the hundreds of CRE-heavyregional banks destined for failure, getting out ahead of the curveis essential. Commercial Real Estate RestructuringRevolution addresses how we got here and how you can plan forthe impending crash.
Weitere Details
Reihe
Auflage
1. Auflage
Sprache
Englisch
Verlagsgruppe
John Wiley & Sons
Dateigröße
1,77 MB
ISBN-13
978-0-470-94430-1 (9780470944301)
Schweitzer Klassifikation
Weitere Ausgaben
Person
STEPHEN B. MEISTER is a founding partner of Meister, Seelig & Fein, LLP, where he represents real estate investment trusts, real estate private equity firms, hedge funds, banks, real estate developers, and investors. Well known throughout New York City for the powerful deal-making presence he brings to high-stakes negotiations, he is also nationally recognized for the trial skills he brings to bear in complex lender liability cases, mortgage and mezzanine equity collateral foreclosures, affordable housing cases, mandamus proceedings against state and municipal agencies, rent control laws, contract disputes, business tort actions, legalmalpractice, and brokerage commission claims. Meister appears regularly on Fox News and CNBC, and writes op-ed pieces for the New York Post that are reprinted by many online news sites. Mr. Meister is often quoted or featured in the Wall Street Journal, New York Times, New York Post, Crain's New York Business, Real Estate Weekly, The Real Deal, and other business journals and daily newspapers around the country.
Inhalt
Preface ix
Acknowledgments xxix
CHAPTER 1 The Housing Bubble 1
CHAPTER 2 The Bubble Implodes 15
CHAPTER 3 Capital Markets Supporting U.S. Commercial Real Estate33
CHAPTER 4 CRE Values and Loan Defaults 55
CHAPTER 5 Putting Off the Day of Reckoning 65
CHAPTER 6 Tranche Warfare 77
CHAPTER 7 Loans to Own and Chilling the Bid 91
CHAPTER 8 Funding Cessations and Extension Fights 101
CHAPTER 9 Bankruptcy Considerations 117
CHAPTER 10 Multifamily Market 131
CHAPTER 11 Governmental Actions Caused the Affordable HousingCrisis 145
CHAPTER 12 Governmental Reactions to the Housing Crisis 157
CHAPTER 13 Assessing Blame for the Financial Crisis 175
CHAPTER 14 The Centerpiece for Real Reform 189
CHAPTER 15 Other Areas Requiring Reform 203
Notes 219
About the Author 231
Index 233
Systemvoraussetzungen
Dateiformat: ePUB
Kopierschutz: Adobe-DRM (Digital Rights Management)
Systemvoraussetzungen:
- Computer (Windows; MacOS X; Linux): Installieren Sie bereits vor dem Download die kostenlose Software Adobe Digital Editions (siehe E-Book Hilfe).
- Tablet/Smartphone (Android; iOS): Installieren Sie bereits vor dem Download die kostenlose App Adobe Digital Editions oder die App PocketBook (siehe E-Book Hilfe).
- E-Book-Reader: Bookeen, Kobo, Pocketbook, Sony, Tolino u.v.a.m. (nicht Kindle)
Das Dateiformat ePUB ist sehr gut für Romane und Sachbücher geeignet – also für „fließenden” Text ohne komplexes Layout. Bei E-Readern oder Smartphones passt sich der Zeilen- und Seitenumbruch automatisch den kleinen Displays an.
Mit Adobe-DRM wird hier ein „harter” Kopierschutz verwendet. Wenn die notwendigen Voraussetzungen nicht vorliegen, können Sie das E-Book leider nicht öffnen. Daher müssen Sie bereits vor dem Download Ihre Lese-Hardware vorbereiten.
Bitte beachten Sie: Wir empfehlen Ihnen unbedingt nach Installation der Lese-Software diese mit Ihrer persönlichen Adobe-ID zu autorisieren!
Weitere Informationen finden Sie in unserer E-Book Hilfe.