Commercial Property News Archive for 08-May-2009

Commerzbank Wins Aid Approval, Must Sell Eurohypo (Update1) (Bloomberg)

May 7 (Bloomberg) -- Commerzbank AG , Germany?s second- biggest bank, won European Union approval for a second bailout by the German government and will need to sell its Eurohypo commercial property unit.

U.S. commercial property faces default decade: report (Reuters via Yahoo! News)

At least two-thirds of the $410 billion of U.S. commercial mortgage-backed securities (CMBS) loans that mature from this year through 2018 are not likely to qualify for refinancing, according to a report by Deutsche Bank.

Manhattan's Biggest Commercial Property Investors, Before and After Lehman (The New York Observer)

From April through September of last year, the 15 biggest commercial real estate investors in New York traded over $16.17 billion in property. Over the next six months, following the collapse of Lehman Brothers, the new 15 biggest traded around $1.892 billion, or barely one-tenth as much. It?s not so much the dollar amounts?everyone knows things are bad?it?s who?s doing the spending. Gotham?s ...

Miami Real Estate - Investing In A Commercial Property For Business (Turks.US)

Investing in a residential property in Miami real estate to generate profit might not be enough to meet your goal. Experts in the real estate business are starting to look into the possibility of investing in a commercial property for better results.

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