A few months after the $3-billion first mortgage on the Peter Cooper Village/ Stuyvesant Town apartment complex in New York City first went into special…
The great flood, at least in real estate terms, has not repeated history. Unlike in the previous distressed down cycle of the early 1990s, banks haven't…
Days after Standard & Poor's downgraded the US credit rating, Deutsche Bank AG and UBS AG brought to market a new (at least new since the financial…
Early in the recession, commercial real estate investors eagerly awaited the flood of distressed properties expected to hit the market. They sat, they…
Condo conversions were once one directional. In this post recessionary market, it's a two-way street. "Reversions" of troubled condominium projects seemed…