real estate debt

Singapore REIT Defaults on $88m CMBS Loan : HousingWire …

by on November 3, 2009

YK Shintoku, one of Saizen REIT’s nine tokumei kumiai (TK), or silent partnership operators, held the now-defaulted CMBS loan . While based in Singapore, Saizen REIT’s investments are comprised solely of regional residential properties …

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Singapore REIT Defaults on $88m CMBS Loan : HousingWire …

Jim's Mailbox : Welcome To Jim Sinclair's MineSet

by on November 2, 2009

About $26.64 billion of CMBS loans outstanding were 60 days or more past due last quarter, according to Reis. The default and delinquency rate rose to 4.52 percent from 0.8 percent a year earlier and 3 percent in the second quarter. …

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Jim's Mailbox : Welcome To Jim Sinclair's MineSet

FDIC Issues New Guide on Commercial Real Estate Loans | Tampa …

November 2, 2009

Separately, it should be noted that the IRS also recently provided guidance regarding CMBS loans to allow for an improved tax environment for lenders renewing ballooning notes that have excessive loan to value ratios. …

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This Commercial Real Estate Collapse Is Way Different Than The One …

November 2, 2009

The demand for CMBS encouraged investment banks and conduit lenders to originate massive volumes of new loans . A new moral hazard in the model emerged because CMBS loans are not held on the originator’s balance sheet, causing reduced …

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