tag:blogger.com,1999:blog-4863014635257598503.post4116126530606270864..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: The "Real" Facts Behind Commercial Real EstateTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-4863014635257598503.post-2291330161416450302009-03-28T20:51:00.000-04:002009-03-28T20:51:00.000-04:00how can someone trade the CMBS market for their pe...how can someone trade the CMBS market for their personal account? <BR/>I can't buy/sell loans obviously, so what other instuments are available in individual investor sizes?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-70201160938648576102009-03-28T17:10:00.000-04:002009-03-28T17:10:00.000-04:00I've opined several times that the well capitalize...I've opined several times that the well capitalized lenders will be the hardest hit in this cycle, because they will wait to dispose of non-performing assets. This will become a problem that will likely threaten even what look like today to be strong institutions.<BR/><BR/><A HREF="http://realpropertyalpha.com/2009/03/05/cre-fundamentals-continue-to-deteriorate/" REL="nofollow" TITLE="http://realpropertyalpha.com/2009/03/05/cre-fundamentals-continue-to-deteriorate/">http://realpropertyalpha.com/2009/03/05/cre-fundamentals-continue-to-deteriorate/</A>Unknownhttps://www.blogger.com/profile/17854016053524826673noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-85745741727371017572009-03-28T17:06:00.000-04:002009-03-28T17:06:00.000-04:00This comment has been removed by the author.Unknownhttps://www.blogger.com/profile/17854016053524826673noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-70595669426911044312009-03-28T13:18:00.000-04:002009-03-28T13:18:00.000-04:0030 day means 30+days delinquent. Typically loan n...30 day means 30+days delinquent. Typically loan nonperformance data is bucketed into 30+, 60+, 90+, FCL (in foreclosure proceedings), and REO (real estate owned). Also the transfer into special servicing could mean a number of things, ranging from modifying the loan so that it becomes a performing loan again to foreclosing on the loan.garbitragehttps://www.blogger.com/profile/10789025578963449149noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-30990811692202415752009-03-28T12:14:00.000-04:002009-03-28T12:14:00.000-04:00Administrative note: Thanks for adding the IE7/IE8...Administrative note: Thanks for adding the IE7/IE8 enabled RSS feed code.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-89061018390772872362009-03-28T10:04:00.000-04:002009-03-28T10:04:00.000-04:00Tyler, What does the "30 day" element mean in the ...Tyler, <BR/><BR/>What does the "30 day" element mean in the context of reports like "$90.0mn Lembi Portfolio loan (1.67% of deal, 30 days)" ?<BR/><BR/>Is that how frequently that loan is supposed to make a payment to the trustee for the security?<BR/><BR/>Thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-63847528505730932992009-03-28T09:21:00.000-04:002009-03-28T09:21:00.000-04:00It was my understanding that Summerlin Center is a...It was my understanding that Summerlin Center is a partnership between Howard Hughes and GGP. (http://nreionline.com/property/retail/real_estate_las_vegas_hungers/)<BR/><BR/>Interesting to note that Village Center leases have dropped to 24 sq/foot compared to 30-45 sq/foot.<BR/><BR/>Also, on the other comment: this is merely last week's remittance data. as i said this is a snapshot. expect this kind of data tracking every week going forward. people are saying wow for the right reasons.Tyler Durdenhttps://www.blogger.com/profile/00165439451205639523noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-33154232876088469462009-03-28T08:28:00.000-04:002009-03-28T08:28:00.000-04:00what does that mean? seriously. you list a bunch o...what does that mean? seriously. you list a bunch of loan going to servicing but you list them without context. are these loans different than say a year ago or 2 years ago. how do they compare historically?<BR/><BR/>btw i do not think commercial real estate is not healthy but the post is kindda misleading. and people here are going "wow" to what exactly?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-57607486764420622772009-03-28T05:20:00.000-04:002009-03-28T05:20:00.000-04:00Very good site !Very good site !stevennoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-71527137412914126662009-03-28T03:58:00.000-04:002009-03-28T03:58:00.000-04:00TD. Great stuff.So how can we little people trade...TD. Great stuff.<BR/><BR/>So how can we little people trade this. SRS is all I know. What else should I be looking at?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-72161820452651295052009-03-28T03:51:00.000-04:002009-03-28T03:51:00.000-04:00Village Square owned by GGP? Check yourself. Own...Village Square owned by GGP? Check yourself. Owned by Triple Five. <BR/><BR/>Also, CMBS might be the one securiitized product where prices have overshot. 30% c/e super seniors will almost NEVER default, and if they do will recover a huge anount bc it's a huge class. Prices at 60 cents on the dollar are ridiculous. CRE train wreck or not, they're basically risk free.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-69381911759839471912009-03-27T23:33:00.000-04:002009-03-27T23:33:00.000-04:00Wow is rate. I work in CRE (but unfortunately wi...Wow is rate. I work in CRE (but unfortunately without a bloomberg terminal) and your update is still mind blowing....seems like just the tip of the iceberg to meAdamnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-14560695778888528502009-03-27T20:24:00.000-04:002009-03-27T20:24:00.000-04:00~Proof positive. Why did Congress demand a short t...~<BR/><BR/>Proof positive. Why did Congress demand a short timeline for FASB changes?? Maybe they knew about what in the pipeline.<BR/><BR/><A HREF="http://www.financialsense.com/editorials/casey/2009/0327.html" REL="nofollow">Move Your Money Out of the Country… and Soon</A><BR/><BR/>I've posted a few comments about recent tax reporting changes for offshore banking activities. Read toward the bottom of this article, the part about Real Estate (zero reporting requirements). Also if you own the physical bullion make sure it's well guarded and in your posession.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-28551096139704462342009-03-27T19:59:00.000-04:002009-03-27T19:59:00.000-04:00Well done. Any idea what is going on with Solana t...Well done. Any idea what is going on with Solana though? It was cashflowing fine just a few months ago - what was the straw that broke this camel's back.Dark Spacehttps://www.blogger.com/profile/13613854488437471493noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-26494778475587380462009-03-27T19:56:00.000-04:002009-03-27T19:56:00.000-04:00Continue the pure awesomeness that is zero hedge! ...Continue the pure awesomeness that is zero hedge! For us lowly peons w/o access to Bloomberg terminals we have to rely on the old fashioned CUSIPS.In Debt We Trusthttps://www.blogger.com/profile/05283475872936333396noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-79839980199981114232009-03-27T19:48:00.000-04:002009-03-27T19:48:00.000-04:00TD - Thank you. Great WorkAnonymous @ 3 - why don'...TD - Thank you. Great Work<BR/><BR/>Anonymous @ 3 - why don't you go fist yourself!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-3211534352754268522009-03-27T19:07:00.000-04:002009-03-27T19:07:00.000-04:00Congratulations. You have proven that we are in a...Congratulations. You have proven that we are in a nasty recession.<BR/><BR/>Perhaps you are aware that IYR was trading 300% higher before we knew all this stuff.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-42816794299840399802009-03-27T19:06:00.000-04:002009-03-27T19:06:00.000-04:00great job setting the record straight with real re...great job setting the record straight with real researchdrkathehttps://www.blogger.com/profile/08394561273849530818noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-63594433856490873852009-03-27T18:51:00.000-04:002009-03-27T18:51:00.000-04:00wow, thxwow, thxdvolatilityhttp://www.distressedvolatility.comnoreply@blogger.com