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SUBSCRIBE ? Volume 7 | Issue 27 | Thursday, July 9, 2009 Click here to view in browser
Spotlight
Stalled GDP, Unemployment Put Brakes on Commercial Market Recovery
The global economic slowdown, combined with a "modest" supply of new space coming to the market and low demand, could delay or hamper the commercial real estate market's recovery, reported Knight Frank LLP, London.
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Industry News

Trends

DealMaker of the Week

MBA News

Forum

Article Abstracts

Industry News
MBA Advocacy Update
Financial regulatory reform, including systemic risk and derivatives regulation, will be on the immediate calendar for Congress as it returns from the July 4th holiday.
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CWCapital Acquires Assets of Sierra Capital Partners
CWCapital, Needham, Mass., said it acquired the origination and servicing assets of Sierra Capital Partners, Irvine Calif.
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People in the News
NewOak Capital, New York, appointed Shad Quraishi as vice chairman and head of business development and strategy for its integrated advisory, asset management and capital markets businesses.
Full Story


Trends
Fitch: 'Higher Regional Market Volatility' in U.S. CRE Markets
Fitch Ratings, New York, reported continued signs of stress in U.S. commercial real estate markets, noting "higher regional market volatility" across all major sector types.
Full Story


DealMaker of the Week
TD Wood Secures Nearly $16.9M in Nevada, Florida
Thomas D. Wood and Co., Coral Gables, Fla., secured nearly $16.9 million financing for office, retail and medical center properties in Nevada and Florida.
Full Story


MBA News
July Education Opportunitiesfor Commercial/Multifamily Mortgage Professionals from CampusMBA
With two new LIVE Online Workshops and a popular classroom course available, this summer is the perfect time to focus on advancing your career and growing your business with CampusMBA, the education division of the Mortgage Bankers Association.
Full Story

Registration Open for CREF 2010
Registration is now open for the Mortgage Bankers Association's Commercial Real Estate Finance/Multifamily Housing Convention and Expo, taking place Feb.1-4, 2010 in Las Vegas.
Full Story


Forum
CRE Warning Flags: Don't Get Caught in the Rip Current of a Dangerous Portfolio
Red flags that warn lenders of potential trouble in a portfolio. Lenders can also forecast potential red flags by using stress testing to predict how additional factors, such as the closing of a major employer or rising interest rates, will affect the portfolio in the future.
Full Story

StatLink

QuoteLink

"The vacancy rate, however, is a lagging indicator of the true demand/supply balance when economic and business conditions are deteriorating or improving rapidly. During those periods, the vacancy rate doesn't capture the intensity with which space is being utilized."
--From a report on global commercial real estate market conditions by Knight Frank, London.
About MBA Commercial/Multifamily NewsLink
Publisher: Cheryl Crispen, Senior Vice President - Communications and Marketing
Editor: Mike Sorohan 202/557-2855 MSorohan@mortgagebankers.org
Editorial Manager: Michael Murray 202/557-2851 MMurray@mortgagebankers.org
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John Courson, President and CEO, Mortgage Bankers Association

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