Commercial real estate restructuring revolution: strategies, tranche warfare, and prospects for recovery

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 INDICE: Preface. Acknowledgments. Chapter 1: The Housing Bubble. Chapter 2: The Bubble Implodes. Chapter 3: Capital Markets Supporting U.S. Commercial Real Estate. Chapter 4: CRE Values and Loan Defaults. Chapter 5: Putting Off the Day of Reckoning. Chapter 6: Tranche Warfare. Chapter 7: Loans to Own and Chilling the Bid. Chapter 8: Funding Cessations and Extension Fights. Chapter 9:Bankruptcy Considerations. Chapter 10: Multifamily Market. Chapter 11: Governmental Actions Caused the Affordable Housing Crisis. Chapter 12: Governmental Reactions to the Housing Crisis. Chapter 13: Assessing Blame for the FinancialCrisis. Chapter 14: The Centerpiece for Real Reform. Chapter 15: Other Areas Requiring Reform. Notes. About the Author. Index.

• ISBN: 978-0-470-62683-2
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 272
• Fecha Publicación: 15/12/2010
• Nº Volúmenes: 1
• Idioma: Inglés