for-the

Manhattan Home Sales Rebound in 4Q (MalaysiaNews.net)

January 9, 2010

Factory Orders Jump 1.1% in November (AP) Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of pending deals declined. …

Read the full article →

A healthier Group 1 Auto adds dealmaker

January 4, 2010

Inc. (NYSE:GPI) has hired to lead M&A. As , Luppenlatz will oversee automotive and real estate acquisitions for the operator of car dealerships, franchises and auto repair shops in the U.S. and U.K. He held similar positions at Sonic Automotive Inc. and

Read the full article →

Tiger Woods’ EA Sports Online Game Moving Forward

January 4, 2010

EA is expected to confirm today that it’s moving forward with this month’s scheduled rollout of Tiger Woods PGA TOUR Online, a browser-based golf game that’s been in development for the last year. The online game, envisioned as one of EA’s first forays into the expanding market of online gaming, is supposed to offer a console-like gaming experience for a subscription fee.

Read the full article →

New year holds out promise for realty (Business Standard India)

January 3, 2010

If 2009 started on a grim note for the real estate sector, 2010 seems to be the year of promises.

Read the full article →

Real Estate in Cape Coral, Fla., Is Far From a Recovery (The Tuscaloosa News)

January 3, 2010

PETER S. GOODMAN A return to Cape Coral, Fla., a reluctant symbol for the excesses of the great American real estate bubble, shows how far the recovery has to go.

Read the full article →

Racebrook Launches $250 Million Debut Fund

January 2, 2010

Racebrook Capital is raising its first discretionary real estate fund, targeting $250 million for distressed debt and equity investments. The New York City-based firm has been fundraising for the vehicle, Racebrook Capital Partners, since late summer.

Read the full article →

Briefly: “Webb merges Growth and Performance funds” and more

January 2, 2010

Webb Asset Management Canada has received investor approval for the Webb Enhanced Growth Fund to purchase the assets of the firm’s Canadian Performance Fund, effectively merging the two funds. Unitholders of the Performance fund will receive units of the

Read the full article →

Deal Street In Slow Motion

January 2, 2010

Year 2009 has been a tough one for the Indian private equity industry with fund inflows slowing down Snigdha Sengupta TEXT SIZE : A | A | A TOOLS RELATED STORIES Year 2009 has been a tough one for the Indian private

Read the full article →

Video: Frederick Says Investors See Opportunity in Technology: Video

December 31, 2009

Dec. 31 (Bloomberg) — Randy Frederick, director of trading and derivatives at Charles Schwab & Co., talks with Bloomberg’s Pimm Fox about U.S. stocks. Frederick also discusses the outlook for the Chicago Board Options Exchange Volatility Index, or VIX. (Source: Bloomberg)

Read the full article →

Video: E-Reader Sales May Double in 2010 as New Devices Debut: Video

December 31, 2009

Dec. 31 (Bloomberg) — Bloomberg’s Cris Valerio reports on the outlook for the electronic book-reader market. (Source: Bloomberg)

Read the full article →

Video: Pepsi, UnitedHealth Lead Investor Stock Picks for 2010: Video

December 28, 2009

Dec. 28 (Bloomberg) — Bloomberg’s Sheila Dharmarajan reports on the outlook for the 2010 stock market. (Source: Bloomberg)

Read the full article →

Save the Date for Newly Formatted Commercial Strategies for Success in Construction Lending Seminar: March 3-4, 2010 … (PRWeb via Yahoo! News)

December 28, 2009

The Strategies for Success in Construction Lending (SSCL) Seminar for the commercial industry will be held March 3-4, 2010 at The Ritz-Carlton, Denver in downtown Denver, Colorado.

Read the full article →

Video: David Cohen Says U.S. Dollar May Rise to 92-93 Yen: Video

December 27, 2009

Dec. 28 (Bloomberg) — David Cohen, an economist at Action Economics in Singapore, talks with Bloomberg’s Haslinda Amin about his forecast for the U.S. dollar and yen. Cohen also discusses the outlook for the U.S. economy and Federal Reserve policy. (This is an excerpt. Source: Bloomberg)

Read the full article →

Video: Serebriakov Doesn’t See Fed Rate Hike Until Late 2010: Video

December 23, 2009

Dec. 23 (Bloomberg) — Vassili Serebriakov, a currency strategist at Wells Fargo & Co., talks with Bloomberg’s Lori Rothman about the outlook for Federal Reserve’s monetary policy in 2010. Serebriakov also discusses the outlook for the U.S. dollar and gold prices. (Source: Bloomberg)

Read the full article →

Video: Dollar-Stock Negative Correlation Shows Signs of Breakup: Video

December 18, 2009

Dec. 18 (Bloomberg) — Bloomberg’s Sara Eisen reports on the outlook for the U.S. dollar and the stock market. (Source: Bloomberg)

Read the full article →

Distressed debt thrives

December 16, 2009

The market for distressed debt has staged a remarkable recovery, as money flows into these securities shunned not too long ago. Prices for the most- distressed debt have recovered the most; bonds rated triple C have returned more than …

Read the full article →

Alico Reports Fourth Quarter and Annual Earnings

December 14, 2009

LA BELLE, Fla., Dec. 14, 2009 (GLOBE NEWSWIRE) — Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the fourth quarter of the fiscal year ended September 30, 2009 of $6.1 million or $0.84 per share, compared with a net loss of $4.6 million or $0.62 per share for the fourth quarter of the fiscal year ended September 30, 2008. The loss during the quarter ended September 30, 2009 was impacted by fixed asset impairments totaling $5.1 million before income taxes. Annually, Alico reported a net loss of $3.6 million, or $0.50 per share, for the fiscal year ended September 30, 2009 compared with net earnings of $4.7 million, or $0.76 per share, for the fiscal year ended September 30, 2008.

Read the full article →

Barnwell Industries, Inc. Reports Year-End and Fourth Quarter Results

December 14, 2009

HONOLULU, Dec. 14, 2009 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE Amex:BRN) today reported a loss of $24,362,000 ($2.96 per share – diluted) for the year ended September 30, 2009, as compared to earnings of $11,732,000 ($1.39 per share – diluted) for the year ended September 30, 2008. For the quarter ended September 30, 2009, Barnwell reported a loss of $4,554,000 ($0.55 per share – diluted) as compared to net earnings of $3,195,000 ($0.38 per share – diluted) for the quarter ended September 30, 2008.

Read the full article →

LoftyVistas » Blog Archive » Commercial Real Estate Recovery …

December 13, 2009

At a time when the worst for commercial real estate seems to be over and recovery appears visible, DTZ undertook a study to examine how this recovery will come about and analyse what this means for the future. …

Read the full article →

Video: U.S. Stocks Rise on Retail Sales and Confidence Data: Video

December 11, 2009

Dec. 11 (Bloomberg) — Bloomberg’s Michele Steele reports on the performance of the U.S. equity market today.¶ U.S. stocks rose, erasing a weekly loss for the Standard & Poor’s 500 Index, as better-than-estimated retail sales and consumer confidence data bolstered optimism that the economic recovery is strengthening. (Source: Bloomberg)

Read the full article →

DuPont Fabros Technology lowers guidance

December 11, 2009

Real estate investment trust DuPont Fabros Technology Inc. lowered its outlook Friday for the fourth quarter and the full year due to costs related to interest rate swaps and debt. The

Read the full article →

Video: Zell Doesn’t See New Building in Commercial Real Estate: Video

December 11, 2009

Dec. 11 (Bloomberg) — Billionaire investor Sam Zell talks about the commercial real estate market and the outlook for the U.S. economy. Zell spoke at a real estate conference at the New York Stock Exchange. Bloomberg’s Carol Massar and Matt Miller also speak. (Excerpt. Source: Bloomberg)

Read the full article →

Video: Robert Prechter Discusses Asset Bubbles, Stock Prices: Video

December 11, 2009

Dec. 11 (Bloomberg) — Robert Prechter, founder of Elliott Wave International Inc., talks with Bloomberg’s Betty Liu about asset price bubbles. Prechter also discusses the outlook for the U.S. stock market and his investment strategy. (This report is an excerpt. Source: Bloomberg)

Read the full article →

Pay Czar Set To Announce Next Wave Of Compensation Limits Today

December 11, 2009

NEW YORK/WASHINGTON (Reuters) – The Obama administration’s pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb. Kenneth Feinberg has said these rulings will likely reduce pay for the 26th to 100th highest-paid employees at the six firms still under his authority.

Read the full article →

Bank Watch: Community Bank CRE Lending Conditions Deteriorate (CoStar Group)

December 11, 2009

Commercial real estate lending conditions for the nation’s community banks worsened again in the third quarter of 2009 compared to the second quarter of the year, according to the Commercial Real Estate Lending Index from Banc Investment Group (BIG). The…

Read the full article →

Video: Fortress’s Wasilenkoff Sees Increased Use of Paper Money: Video

December 10, 2009

Dec. 10 (Bloomberg) — Chadwick Wasilenkoff, chief executive officer of Fortress Paper Ltd., talks with Bloomberg’s Pimm Fox about demand for the company’s paper which is used to make money for different countries’ central banks. Wasilenkoff also discusses efforts to foil counterfeiters. (Source: Bloomberg)

Read the full article →

Video: Barclays Capital’s Knapp Discusses Economy, Fed Policy: Video

December 10, 2009

Dec. 10 (Bloomberg) — Barry Knapp, head of U.S. equity strategy at Barclays Capital, talks with Bloomberg’s Carol Massar about prospects for the U.S. stock market, economy and Federal Reserve monetary policy. (This report is an excerpt. Source: Bloomberg)

Read the full article →

Bank Watch: Community Bank CRE Lending Conditions Deteriorate

December 9, 2009

Commercial real estate lending conditions for the nation’s community banks worsened again in the third quarter of 2009 compared to the second quarter of the year, according to the Commercial Real Estate Lending Index from Banc Investment Group (BIG). The…

Read the full article →

Gear6 Expands Leadership Team With Internet and Cloud Data Center Sales Executive

December 8, 2009

George Reitz, Long-Time VP of Sales at Rackable Systems, Joins Gear6 as Company Launches Memcached for the Cloud on Amazon EC2

Read the full article →

In The Pipeline: CoStar Development and Construction News for Nov. 29-Dec. 5

November 30, 2009

In this week’s issue, a Virginia developer will build a $47 million regional testing lab for the U.S. Drug Enforcement Administration in Miami; a decision by New York’s highest court clears the way for the $5 billion Atlantic Yards project to move forward…

Read the full article →

Three Baltimore Area Professionals and Their Companies Come Together to Form RER MD – a One-Stop Resolution to Real … (PR Newswire via Yahoo!…

November 25, 2009

Craftsmen Developers, LLC, Daft McCune Walker, Inc. and The Casey Group, Ltd. are excited to announce the formation of Real Estate Resolutions, LLC . RER MD was established to provide comprehensive problem solving services that result in unique opportunities for the distressed real estate industry.

Read the full article →

Distressed Debt Concessions (Guru Focus)

November 25, 2009

By Hunter. When investing in distressed debt , one has to be aware that negotiations can affect a creditor’s ultimate recovery – for the good or the bad. The rest is here: Distressed Debt Concessions (Guru Focus)

Read the full article →

Distressed Sales Of Global Commercial Property Up In 3Q – RICS (The Forex Market)

November 23, 2009

LONDON (Dow Jones)–Distressed sales of commercial property continued to rise around the world in the third quarter of the year, and are expected to increase again in the fourth quarter, as business lending remains subdued, with the U.S. reporting the second largest quarterly increase for the second straight quarter, a survey showed Tuesday.

Read the full article →

Commercial Real Estate Down, But Not Out

November 23, 2009

there is some good news in the commercial property industry as well. The number of transactions in commercial real estate are up by just under 1% for the third quarter, which is the first such rise seen in the last two years. Despite that optimistic

Read the full article →

Marin County Names Interim Administrator

November 23, 2009

Marin County Employees Retirement Association has named Tom Ford as administrator for the next sixtonine months

Read the full article →

Distressed Debt Example – Accuride

November 22, 2009

The applications for the Distressed Debt Investors Club continue to roll in. As noted in previous posts, I am trying to stagger the number of people I admit so people that are just learning about the club get a fair chance to apply …

Read the full article →

What’s the New Normal in the Financial Marketplace

November 21, 2009

the ‘New Normal’ in the Financial Marketplace By John C. Flippen Jr. and John Sartory, Petroleum Capital and Real Estate LLC NEW YORK — A raging debate within the economic and financial communities concerns what will be the ‘New Normal’ for the United

Read the full article →

Video: BlackRock’s Doll Recommends Emerging-Market Stocks: Video

November 20, 2009

Nov. 20 (Bloomberg) — Robert Doll, chief investment officer for global equities at BlackRock Inc., talks with Bloomberg’s Pimm Fox about his investment strategy. Doll also discusses the outlook for the commercial real estate market. (This report is an excerpt. Source: Bloomberg)

Read the full article →

Video: Vazquez Says Walmart.com `Comfortable’ With Price Cuts: Video

November 19, 2009

Nov. 19 (Bloomberg) — Raul Vazquez, chief executive officer of Wal-Mart Stores Inc.’s online business, talk with Bloomberg’s Mark Crumpton about the pricing strategy at Walmart.com. Vazquez also discusses the Web site’s competition with other online retailers and outlook for the holiday shopping season. (Source: Bloomberg)

Read the full article →

Office Delinquencies Latest Driver of CMBS Troubles

November 18, 2009

And new matured balloons and past due loans secured by interests in non-traditional assets propelled U.S. commercial real estate loan CDO delinquencies past 10% for the first time, according to the latest index results from Fitch Ratings. U.S. CMBS

Read the full article →

Bank Watch: U.S. Steps Up Efforts To Seize Iran-Controlled Bank Melli’s U.S. Properties

November 18, 2009

The United States Attorney for the Southern District of New York is looking to take over control of the 36-story, 336,000-square-foot 650 Fifth Ave. high-rise in Midtown Manhattan, as well as other properties across the country, together totaling hundreds…

Read the full article →

Symphony Services Appoints Lee C. Fields as Chief Sales and Marketing Officer

November 18, 2009

Industry Veteran to Execute Aggressive Global Client Growth Strategy for the World’s Top Ranked Software Product Engineering Outsourcing Specialist

Read the full article →

Market Rally Feeds Optimism at Annual REIT Confab

November 18, 2009

Participants in last week’s annual NAREIT convention in Phoenix described the mood in terms ranging from hopeful to full-on ebullience — adjectives not often used for the past two years with respect to most gatherings of commercial real estate professionals…

Read the full article →

CRIC Reports Third Quarter 2009 Results

November 17, 2009

SHANGHAI, China, Nov. 17, 2009 (GLOBE NEWSWIRE) — China Real Estate Information Corporation (“CRIC” or the “Company”) (Nasdaq:CRIC), the leading provider of real estate information, consulting, advertising and online services in China, today announced its unaudited financial results for the fiscal quarter and nine months ended September 30, 2009.

Read the full article →

Video: Pressure on China’s Currency May Spur Yuan Appreciation: Video

November 17, 2009

Nov. 17 (Bloomberg) — Bloomberg’s Sara Eisen reports on the outlook for the Chinese currency market. (Source: Bloomberg)

Read the full article →

Video: Pressure on China’s Currency May Spur Yuan Appreciation: Video

November 17, 2009

Nov. 17 (Bloomberg) — Bloomberg’s Sara Eisen reports on the outlook for the Chinese currency market. (Source: Bloomberg)

Read the full article →

Video: ING’s Knightley Sees U.K. Inflation Surge Easing in 2010

November 17, 2009

Nov. 17 (Bloomberg) — James Knightley, economist for ING Financial Markets, talks with Bloomberg’s Andrea Catherwood about U.K. inflation after the government reported prices climbed in October for the first time in eight months.

Read the full article →

Video: RiverSource’s Joy Discusses Monetary Stimulus, Stocks: Video

November 16, 2009

Nov. 16 (Bloomberg) — David Joy, chief markets strategist at RiverSource Investments LLC, talks with Bloomberg Television about the impact of central bank monetary policy on the stock market and the outlook for the U.S. economy. (This report is an excerpt. Source: Bloomberg)

Read the full article →

Video: Blodget Says Qualcomm’s FLO TV Is Priced `Way Too High’: Video

November 13, 2009

Nov. 13 (Bloomberg) — Henry Blodget, chief executive office of The Business Insider, talks with Bloomberg’s Carol Massar and Erik Schatzker about the outlook for mobile television products including Qualcomm Inc.’s FLO TV. Blodget also discusses the outlook for the media industry and cable TV providers. (Source: Bloomberg)

Read the full article →

Video: Blodget Says Qualcomm’s FLO TV Is Priced `Way Too High’: Video

November 13, 2009

Nov. 13 (Bloomberg) — Henry Blodget, chief executive office of The Business Insider, talks with Bloomberg’s Carol Massar and Erik Schatzker about the outlook for mobile television products including Qualcomm Inc.’s FLO TV. Blodget also discusses the outlook for the media industry and cable TV providers. (Source: Bloomberg)

Read the full article →