Monday, May 6, 2013

CRE Recovery Continues . . . Despite Politicians




National





CRE Recovery Continues . . . Despite Politicians



INDIAN WELLS, CA-GlobeSt.com's John Salustri doesn't trust our current political situation; it's not good for commercial real estate. He made his case in the wrap-up general session of the SIOR Spring World Conference.











JLL Finds Spotlight on Corporate Real Estate



CHICAGO- A survey shows CEOs have deemphasized short-term cost-cutting in favor of building increased productivity and long-term value.











What Other Military Assets Could Be Privatized?



WASHINGTON, DC-Navy and Air Force are possibilities, so are dining and work out facilities and the PX system.











PAL Secures $465M from Bank of America



WASHINGTON, DC-Bank of America is the only financial institution that uses its balance sheet to support military housing, Jamie Fox tells GlobeSt.com's Erika Morphy.











Collateral Turns Iffy for Large CMBS Deals



NEW YORK CITY-The trend toward “average assets and aggressive assumptions,” according to Fitch, is occurring even as delinquencies continue declining for securitized CRE loans.








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