000 02915nam a2200373 a 4500
001 ebr10469791
003 CaPaEBR
006 m u
007 cr cn|||||||||
008 100729s2011 njua sb 001 0 eng d
010 _z 2010032274
020 _z9780470626832 (cloth)
020 _z9780470944301 (e-book)
020 _z9780470944295 (e-book)
020 _z9780470944288 (e-book)
040 _aCaPaEBR
_cCaPaEBR
035 _a(OCoLC)702844624
043 _an-us---
050 1 4 _aHD1393.58.U6
_bM45 2011eb
082 0 4 _a333.33/870973
_222
100 1 _aMeister, Stephen B.
245 1 0 _aCommercial real estate restructuring revolution
_h[electronic resource] :
_bstrategies, tranche warfare, and prospects for recovery /
_cStephen B. Meister.
260 _aHoboken, N.J. :
_bWiley,
_c2011.
300 _axxix, 237 p. :
_bill.
490 1 _aWiley finance
504 _aIncludes bibliographical references and index.
520 _a"How to plan for the commercial real estate collapse Encompassing apartment, office, retail, hospitality, warehouse, manufacturing, and flex or R & D buildings, commercial real estate (CRE) investment in the U.S. totaled $6.4 trillion at the end of 2008. As noted in the February 2010 Congressional Oversight Panel Report, $1.4 trillion of CRE debt is coming due by 2014 and half 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 got into this mess-impacts of the housing crisis, debt structures, lender-borrower collusion, and bankruptcy abuses-and offers possible solutions to the CRE crisis. Along the way, author Stephen Meister: Discusses how CRE value losses are being driven by investors' risk adjusted cap rates, not just poorer market fundamentals. Discusses strategies and emerging trends in CRE foreclosures, including forced lender fundings, lender attempts to chill bids and UCC foreclosure tactics and pitfalls. Proposes legislative solutions and explains how any rebound will require federal spending cuts, a vast deleveraging and a market clearing process. With a crashing CRE debt market and the hundreds of CRE-heavy regional banks destined for failure, getting out ahead of the curve is essential. Commercial Real Estate Restructuring Revolution addresses how we got here and how you can plan for the impending crash"--
_cProvided by publisher.
533 _aElectronic reproduction.
_bPalo Alto, Calif. :
_cebrary,
_d2011.
_nAvailable via World Wide Web.
_nAccess may be limited to ebrary affiliated libraries.
650 0 _aCommercial real estate
_zUnited States.
655 7 _aElectronic books.
_2local
710 2 _aebrary, Inc.
830 0 _aWiley finance series.
856 4 0 _uhttp://site.ebrary.com/lib/welingkar/Doc?id=10469791
_zAn electronic book accessible through the World Wide Web; click to view
999 _c68803
_d68803