Articles About LLC
- Author:
- James I. Clark III
- Posted:
- 03.14.2012
A New Chapter for Iconic Empire State Building
The landmark 102-story Empire State Building in midtown Manhattan could raise as much as $1 billion in a share sale and become a real estate investment trust (REIT), if the company that controls that iconic structure if its plans pan out. According to a Securities and Exchange Commission filing, Empire State Realty Trust, Inc., intends […]
- Author:
- James I. Clark III
- Posted:
- 09.14.2011
S&P Downgrade Costs Investors $1 Trillion
Shareholders in American companies can blame Standard & Poor’s for taking $1 trillion of their money after the rating firm downgraded Treasury securities for the first time in American history to AA+ from AAA. Now, some of the most experienced investors say the stock market losses make no sense. While the benchmark index for U.S. […]
- Author:
- James I. Clark III
- Posted:
- 03.14.2011
CMBS Stages a Comeback
CMBS activity came back strongly during February with more than $6.5 billion in new securitization reported. Additionally, Freddie Mac brought two multifamily-backed offerings totaling $1.86 billion to market. February’s level of activity is almost two-thirds of all CMBS deals offered in 2010. The level resembles 2007, when commercial mortgage-backed securities offerings were at their peak. […]
- Author:
- Mike Ochs
- Posted:
- 01.04.2011
November Existing House Sales Numbers Disappoint
Existing home sales in November rose at a slower pace than anticipated, spurred in part because of the end of a government tax credit aimed at encouraging first-time homeowners to buy. According to the National Association of Realtors (NAR), sales rose 5.6 percent over October to an annual rate of 4.68 million. Economists had predicted […]