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Volume 4 - Number 8 | April 23, 2007
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TOP STORY: Lender Attitudes, Tax Credits Beautify Brownfields
By Erika Morphy
During the past few years, Jon Walker, managing director of Environmental Data Resources Inc., a provider of environmental risk information, thought finding financing for brownfield redevelopment was getting easier. In the past few days, he has realized he is not alone in his assessment.
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Hurricane Insurance Problem Storms into Commercial Arena
By Joe Clements
The tempest over rising hurricane insurance rates is no longer isolated to the residential sector as tales of commercial property transactions being interrupted by the hikes begin to mount. A $32-million multifamily sale in South Carolina recently fell apart due to the increases.
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Insider: Countrywide Commercial’s Jim Thompson
By Erika Morphy
When the National Multi Housing Council released data earlier this month on the multifamily industry, the findings came as little surprise to Jim Thompson, executive vice president at Countrywide Commercial Real Estate Finance, Inc. Yes, there is consolidation among the managers and, yes, the bigger property owners keep getting bigger.
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CRE Investors Get Global View in Dubai
By Joe Clements
Money for commercial real estate is flowing worldwide, but some capital streams are weaker than others. That’s one of the conclusions from a conference in Dubai that was held to forge connections between western countries and the Middle East.
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