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Commercial Real Estate: A Rose Among Thorns? John B. Levy & Company Finds Few Positives Budding in Today’s Commercial Real Estate Market

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Richmond, VA (PRWEB) April 19, 2009

Conditions that scorched the commercial real estate market in fourth quarter 2008 showed no signs of abating in January and February of 2009, dashing hopes among developers and investors alike that there might be an uptick in sales and refinancing activity in the new year. Market watchers in the crowd longing for the days of 2007 discovered the disappointment of looking at the world through rose-colored glasses.

“Every Thorn Has Its Rose” is the latest in a series of timely, informative podcasts produced by John B. Levy & Company, and it provides clients and analysts with a sobering vision of what they can expect in today’s commercial real estate market. This new podcast is available online at http://www.jblevyco.com.

“Any hint of rosy optimism has been overrun with thorns,” says John Levy, founder of John B. Levy & Company. “Most real estate owners, developers, and investors are beginning to realize that commercial real estate isn’t going to recover in 2009, and probably not in 2010.” He adds, “we’re looking toward 2011.”

Levy offers a couple reasons for his assessment. First, of the top one hundred largest markets in the United States, ninety are still showing job losses, indicating that the current recession is both deep and wide. Jobs drive the demand for multifamily housing, and they create the need for retail and office space. In addition, commercial real estate is a lagging, not leading sector.

“When the subprime financial market was going over Niagara Falls backward in a canoe in 2007,” Levy says, “those of us in the commercial sector were doing just fine. That said, we shouldn’t expect commercial real estate to lead us out of this recession.”

While it’s difficult to be optimistic about today’s market, Levy says there is a rose among the thorns, but it is in the budding stage. First, the federal government is pushing massive liquidity into the commercial real estate market via TARP and TALF, and these programs are starting to show promise. For example, spreads on commercial mortgage backed securities (CMBS) have tightened more than 500 basis points. Levy also believes we might see the rebirth of CMBS securitization by the end of the year, and the prospect of rejoining securitization and commercial real estate is a huge step in the right direction.

“In the meantime,” Levy says, “the biggest problem owners and developers face today is that their loans are maturing and they lack financing opportunities. Almost $ 300 billion in commercial real estate loans is coming due in 2009, and more than $ 200 billion comes from bank loans. This situation creates a major challenge.”

Levy suggests that owners and developers hire experts to assemble a financial package and help with strategy and negotiations. He also recommends that those with properties suffering from negative cash flow avoid using personal cash to keep the note current. Instead, that cash can be used as a principal payment or as additional collateral for negotiations and loan extensions.

Finally, Levy suggests, those with a CMBS loan should ask in writing – not over the phone – for their loan to be transferred from the master servicer to the special service. This strategy is helpful because only the special servicer can extend the loan or offer forbearance.

“Now is not a good time to be out there all alone,” Levy says. “We’re in uncharted waters right now, and a lot of owners and developers need help. This market is dicey.”

Firm Background

John B. Levy & Company, Inc. is a real estate investment-banking firm headquartered in Richmond, Virginia. Since John Levy founded the company in 1995, the firm has structured over $ 3.5 billion in financing for developers and owners of commercial and multi-family projects nationwide, often investing its own proprietary funds into transactions with its clients. Mr. Levy is an expert on commercial real estate financing and the effects of interest rates on commercial real estate markets. He is the originator and author of the Barron’s/John B. Levy & Company National Mortgage Survey, a monthly survey of more than 30 of the country’s largest institutional investors, as well as buyers and sellers of commercial mortgage-backed securities, which Barron’s published for over 23 years. Mr. Levy is also co-creator of The Giliberto-Levy Commercial Mortgage Performance Index (sm), the first and pre-eminent index to measure and analyze the performance of investments in the commercial mortgage industry. Additionally, he is a member of the Board of Directors of Anthracite Capital Inc. (NYSE: AHR), a New York Stock Exchange REIT managed by BlackRock, Inc and a former director of Value Property Trust.

For more information about John B. Levy & Company, please visit the firm’s website at http://www.jblevyco.com or call Andrew Little at 804-644-2000, extension 260.

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Related Securitization Press Releases

Structured Settlement Company Fairfield Funding Hires New General Counsel

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Stockbridge, GA (Vocus) December 4, 2009

Fairfield Funding is excited to announce the addition of Marc Harris, an attorney with almost 14 years of experience in the cash flow business with an emphasis on facilitating the purchase of structured settlement annuities and lottery prize assets, to their skilled team of financial service specialists. Fairfield Funding is a funding company that specializes in helping people receive cash for structured settlement, annuity, and lottery payments. In order to make sure every customer receives full compensation for their future settlement or lottery winnings, the Fairfield team strives to maintain a workforce that is dedicated to providing accurate information and exceptional service. Mr. Harriss abundant knowledge and outstanding reputation in the financial services industry undoubtedly makes him a great candidate for the position of General Counsel for Fairfield Funding.

Since 1996, Marc has worked as counsel in the asset securitization industry for two different companies that have processed over one billion dollars from those seeking to sell lottery winnings and structured settlement cash flows. He has extensive experience with each states legislative and regulatory process relating to the purchasing of these assets throughout the country. This knowledge is invaluable to the funding profession, because almost each state has its own specific law controlling the assignment of annuity or lottery winnings.

Marc is a 1992 graduate of Florida State University, and he earned his law degree from Nova Southeastern University in 1995. Aside from advising companies and their clients about smart and effective funding, Marc is also a professor of business law. His knowledge of structured settlement laws and experience teaching others make him the perfect fit for Fairfield Funding.

Calgarian and Financial Prodigy James Timothy White Becomes World’s Youngest CEO of A Frankfurt-Listed Company At 24

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(PRWEB) January 13, 2010

Eurotex Finanz Inc. (KFE), a rapidly-growing worldwide innovator of financial products and services, has been accepted for listing on the Frankfurt Stock Exchange trading under ticker KFE and first day of trading will be January 5, 2010.

Eurotex is headed by one of the world’s youngest self made millionaires, Calgarian James Timothy White. At age 24, James now holds the honour of being the youngest CEO in the world of any company listed on the Frankfurt Stock Exchange, (replacing Jochen Zeitz, CEO of Puma at age 30). A modern working-class hero who made his first million by the age of 16, White says his budding empire’s rapid growth is based upon his goal of helping change the lives of working middle class men and women like his parents, through better investing.

“I see James as the smartest, wisest and most brilliant, young, value-creating entrepreneur on the planet. He is destined to create financial freedom for all.”

Vermont Captive Insurance Company Formations Start Strong — First Quarter Pace Surpasses Vermonts 30 Year Average

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Montpelier, VT (PRWEB) April 21, 2011

Vermont licensed 7 new captives in the first quarter of 2011 which is the strongest start since 2005, according to the Department of Banking, Insurance, Securities and Health Care Administration (BISHCA). The 7 new captives consisted of 4 single-parent, 2 risk retention groups and a special purpose captive.

Were seeing wide diversity in the types of applications, said David Provost, Deputy Commissioner of Vermonts Captive Insurance Division. Captives formed for professional medical liability and smaller to mid-sized companies are trending strongly. The first quarter pace surpasses Vermonts 30-year first quarter average of 5.2 captives.

It is encouraging to see this strong start to 2011, said Governor Peter Shumlin. We will continue to work with the legislature to be responsive to industry needs. Vermont is committed to maintaining its Gold Standard reputation.

Vermont has current captive insurance legislation, H.438, which has passed the House of Representatives and has moved on to the Senate. The proposed legislation will allow for the formation of incorporated protected cell companies and expand its cell legislation, providing more options for companies interested in that structure.

Vermont continues to see an increasing number of smaller and mid-sized companies exploring the captive insurance option, said Dan Towle, Director of Financial Services. This trend exemplifies how Vermont provides a good fit for companies of all sizes. Half of Vermonts captives write less than $ 5 million in gross written premium annually.

Andrews Kurth Provides Company Spouse Roger Griesmeyer in New York

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New York, NY (PRWEB) August fifteen, 2012

The worldwide law organization of Andrews Kurth LLP is pleased to announce the addition of company and transactional attorney Roger Griesmeyer as a Partner in the corporations New York business office.

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The addition of Roger to our group assists us deepen and strengthen our corporate abilities in New York in reaction to shopper desire, says Bob Jewell, Managing Associate for Andrews Kurth. His arrival is also a reflection of the progress of our corporations international and domestic corporate techniques. We expect Roger to have an instant impact on the amount of experience and personalized support we offer our clientele.

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Mr. Griesmeyer signifies firms, investment resources, private fairness funds and other institutions, as well as person and institutional investors, in a assortment of corporate advisory and transactional matters. He specializes in refined, cross-border mergers and acquisitions, securities and joint ventures throughout a quantity of industries, including production, retail, genuine estate, computer software and technological innovation. He adeptly guides boards of directors, unique committees and other traders on growth method, restructurings, financial efficiency, and other corporate governance problems. His current expertise includes advising a number of global entities on their investments in strategic U.S. assets. He has also recommended on some of the most higher-profile transactions in current memory, such as the redevelopment of the Planet Trade Heart in New York Metropolis.

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Couple of corporations can match the entrepreneurial spirit at Andrews Kurth, claims Mr. Griesmeyer. “In addition to their dedication to straight discuss, shopper service and accomplishment, the firm gives a innovative global system that clients want and want. I seem ahead to developing the company exercise with my colleagues about the globe.

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Mr. Griesmeyer was the founding and taking care of member of LaSasso Griesmeyer Regulation Team in New York since 2008. Prior to that, he was an associate with Sullivan &amp Cromwell LLP in New York and Hong Kong, and with Wachtell, Lipton, Rosen &amp Katz in New York. He at the moment serves as an adjunct corporate drafting professor at Brooklyn Law College. Mr. Griesmeyer acquired his legislation diploma, summa cum laude, from Brooklyn Law Faculty, soon after acquiring his undergraduate degree from Dartmouth University. He serves on the Asian Affairs Committee of the New York Metropolis Bar Association the Alumni Admissions Board for Brooklyn Legislation School and on specified alumni committees for Dartmouth College.

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About the Andrews Kurth Company Apply Group

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Andrews Kurth attorneys recommend the business people, organizations, investors and enterprise executives who determine worldwide dealmaking and cash marketplaces. Our Corporate apply group is made up of much more than one hundred attorneys and routinely earns best-tier league scorecard rankings. We are recognized and acknowledged as guide counsel on the most advanced transactions, which includes learn minimal partnerships, preliminary public choices, mergers and acquisitions, asset securitizations, true estate investment trusts and royalty trusts.

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Our attorneys aid clientele continue being in compliance with an at any time-modifying regulatory and corporate governance landscape and complete transactions even though obtaining their company objectives. Our clientele incorporate organizations (ranging from begin-ups to huge multinationals and Fortune 500 organizations), underwriters, obtaining, concentrate on and promoting companies, boards of directors and unique committees, investment banking institutions, monetary advisors, expense cash, non-public fairness money and their portfolio companies, individual and institutional traders, sponsors, originators, trustees, commercial banks, financial companies establishments and other dealmakers.

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Our corporate expertise includes the total assortment of domestic and worldwide transactions throughout many industries, which includes aviation, banking/financial services, biotechnology and existence sciences, development, strength (equally classic and substitute), finance, food and beverage, franchise, health treatment, hospitality and resorts, information methods, infrastructure, insurance policy, world wide web/e-commerce, investment cash, manufacturing and income, mining, oil and gasoline, non-public fairness, true estate, cafe, retail, computer software, athletics/leisure, engineering, telecommunications, transportation, utilities, venture funds and waste management. In distinct, we are marketplace leaders in the power and technology industries. A substantial area of our expertise involves aiding our consumers with the structuring, funding and advancement of energy projects, each conventional and substitute, in the United States and internationally.

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About Andrews Kurth LLP

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For a lot more than a century, Andrews Kurth has built its follow on the perception that straight discuss is great enterprise. Real solutions, very clear vision and mutual regard outline the corporations interactions with customers, colleagues, communities and workers. With 400 attorneys and workplaces in Austin, Beijing, Dallas, Houston, London, New York, Analysis Triangle Park, The Woodlands and Washington, DC, Andrews Kurth represents a vast array of clients in several industries. For much more details about Andrews Kurth, you should pay a visit to andrewskurth.com.

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Collection Company Fast Recovery Answer Reacts to an Report With regards to Rep. Broadwaters Ideas for Louisiana Debt Selection

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Bohemia, NY (PRWEB) August 29, 2012

On August twenty ninth, selection agency Speedy Restoration Answer CEO John Monderine gives a reaction to an article printed on theadvertiser.com which discusses how Louisiana Agent Chris Broadwater wishes to enhance the states credit card debt collection techniques.

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In accordance to the report, ensuing from a mixture of fines, from overdue health care tools rentals to missed tuition payments, a overall of $ 1.5 billion is owed to the condition government considering that March 2012. In response to the governments increasing financial debt, Rep. Broadwater is hopeful to develop new methods for Louisiana state debt selection.

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In accordance to the write-up, Broadwater efficiently sponsored laws this year to establish a pilot program to market, securitize or auction parts of the state’s lengthy-time period delinquent accounts. His concept is to permit a bank, assortment agency or personal citizen to suppose the danger of collecting the income in exchange for having to pay the condition a proportion of what is owed.

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John Monderine, CEO and owner of collection company Fast Recovery Solution, understands the value of addressing debt in a well timed fashion. In accordance to Monderine, It is vital that point out organizations bill swiftly, ready twelve months to deliver a invoice is monetary suicide. If the debtor is not responsive, employ the service of a contingent collective agency like Speedy Recovery Remedy.

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The article prices Broadwater who commented, I do not essentially know the cause it really is not being compensated back again. I can certainly guess. Possibly in some instances, [the Louisiana governments] businesses [are] just not becoming attentive to the income they’re owed. In addition, the write-up states that Commissioner of Administration Paul Rainwater is examining the choice to possibly promote a quarter of the states prolonged-phrase delinquent expenses.

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Founded in 2006, Fast Restoration Resolution, Inc. is situated at the maximum point of beautiful Prolonged Island. Quick Recovery Collection Company is fully commited to recovering your funds and rapidly. We firmly imagine that every debtor holds the capacity to pay if motivated in the correct way. We DO NOT alienate the debtors we strive to align with them and provide a variety of approaches to resolve not only your financial debt but also all their debts.

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Nationwide Business Mortgage Company Now Giving Recourse and Non-Recourse Professional Home loans Nationwide.

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(PRWEB) February 20, 2013

Clopton Capital is a nationwide commercial real estate finance firm that funds loans through insurance companies, cmbs securitizations, and banks. The company has been in operation since 2007 and has grown its lending pipelines significantly year over year.

The company now offers both recourse and non-recourse loan options with amounts ranging from $ 1 million up to $ 50 million with tailor made term and maturity options depending on the preference and/or necessity of the borrower. Currently, the firm is aggressively seeking refinance and acquisition opportunities for which it can deploy capital for a varying range of commercial property types and in all markets throughout the country.

Clopton Capital ranks as one of the most active and dynamic commercial real estate finance firms providing lending options nationwide for income producing properties. Offering commercial mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a diverse range of property types and ownership structures, Clopton Capital has the capability to meet almost any lending needs of property owners and managers.

For more information contact a loan officer by calling 866-647-1650 or visit http://cloptoncapital.com







Commercial Finance Company Supplying Commercial Home loans For Business office Homes Nationwide

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(PRWEB) March thirteen, 2013

Clopton Funds, a nationwide commercial true estate finance firm, is saying the opportunity for house owners and operators of office homes to receive lengthy phrase fixed charge funding at lower rates.

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Clopton Cash is a company of each recourse and non-recourse commercial house loan for all home sorts. The financial loans funded by means of the company are funded by insurance policies organizations, CMBS securitizations, and banking companies. The company is seeking debtors and intermediaries seeking refinance or purchase personal debt for which to organize and offer funds. Due to the fact of the assorted mother nature of its cash base, the business is ready to composition financial loans for any residence sort with a broad range of conditions and amortizations.

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Fascination rates have been on the rise recently, so now is the ideal time to lock in traditionally minimal interest price for long terms.

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Clopton Cash ranks as 1 of the most active and dynamic professional true estate finance corporations delivering lending options nationwide for revenue producing qualities. Providing professional mortgages, building loans, bridge loans, and CMBS loans to debtors for a assorted selection of property varieties and possession buildings, Clopton Capital has the capacity to meet virtually any lending needs of home homeowners and supervisors.

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For much more data get in touch with a loan officer by contacting 866-647-1650 or visit http://cloptoncapital.com

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Commercial Mortgage loan Company Now Giving Financial loans For Gas Stations Nationwide

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(PRWEB) March 23, 2013

Clopton Money is a nationwide industrial actual estate finance firm that arranges and money commercial home loans for all income generating properties. The organization resources its loans by way of insurance coverage businesses, cmbs securitizations, and banks.

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The organization is saying that they are actively supplying professional mortgages for fuel stations nationwide. Irrespective of branding, the firm is capable to provide commercial house loan for retail petroleum homes when other lending sources are coming up limited. It has been and is challenging for a lot of fuel station homeowners to discover loans for their properties and Clopton Money is hoping to fill a hole in the financing industry.

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Clopton Funds ranks as one of the most active and dynamic industrial true estate finance firms supplying lending options nationwide for earnings generating homes. Supplying business mortgages, construction loans, bridge loans, and CMBS loans to borrowers for a assorted variety of home types and ownership structures, Clopton Cash has the capability to meet practically any lending requirements of house house owners and professionals. &#thirteen

For far more information get in touch with a mortgage officer by contacting 866-647-1650 or go to http://cloptoncapital.com

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Connected Securitization Push Releases

Loan company Techniques Inc. and Constellation Automotive Software program Announce Integration for Get Here – Pay out Listed here Vehicle Dealership Industry

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Sarasota, FL and Temecula, CA (PRWEB) April 12, 2013

Lender Systems, one of the market leaders for payment safety technologies, and Constellation Automotive Software, a top developer of application programs for independent automotive dealerships, have declared a new integration among their products.

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By way of this integration, Constellation delivers the capacity for software customers making use of its MSP application together with Lender Programs iPay payment assurance products to process payments in one straightforward transaction. Customers will be capable to approach their customers payments and make the codes essential to software their iPay gadget in one phase. No for a longer time will sellers employing the two systems be forced to double enter information into every system, chopping payment processing time in half.

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We are fired up to partner with Lender Methods, a single of the leading providers in the payment assurance business. Their remedies offer added security and peace-of-brain for our supplier customers, often at a reduced cost than they are at present incurring, said Alan Mosher, Standard Supervisor of Constellation Automotive Software. Our clients can save time and income with our integration, and saves our buyers valuable time processing each and every payment. It really is a earn-win for all parties involved, he continued.

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This partnership affirms Constellations dedication to differentiate their application through technology innovation by supplying customers entry to a revolutionary suite of products and providers that offer its client dealerships the maximum degree of equipment to maximize dealership operation.

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David Sailors, Govt Vice President of Loan company Systems included, Were delighted to provide this sort of a complete integration between our goods and Constellations MSP application merchandise. The end result is an very flexible, tightly integrated resolution that will let our mutual customers the most technologically superior technique to gather their excellent financial loans while reducing assortment expenditure and charge-off.

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About Lender Techniques &#thirteen

Loan provider Systems, Inc. is an international organization concentrating on asset defense, administration and monitoring. Its proprietary techniques and options are utilised to protected and handle the sub prime car loan portfolios of the two get-below-shell out-listed here car dealerships and economic establishments. Its asset protection systems secure the multi-million greenback inventories of automotive dealerships, credit score unions and other varieties of fiscal establishments. Technology presented by Lender Methods, Inc is presently protecting a lot more than $ two billion in automobile loan portfolios and has been serving the market for much more than 18 years. Loan company Methods, Inc is committed to delivering differentiated worth to customers and associates through its unique item and service choices, while carefully mapping items and remedies to its customers’ demands and priorities-these kinds of as asset securitization, efficiency, cost personal savings and return on investment decision.

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Understand a lot more at lendersystems.com.

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About Constellation Automotive Application&#13

Constellation Vehicle is a leading supplier of software program to impartial automotive dealerships. Their items are versatile enough to fulfill the requirements of any single or multi-lot dealership. Constellation Automotive Software is a portion of the Constellation Dealership Application Group which offers a suite of industry top computer software merchandise designed especially for dealerships. In excess of 1,000 dealerships throughout North The usa depend on one particular their merchandise to make their dealership far more productive. They are a wholly-owned subsidiary of Constellation Computer software Inc., the premier worldwide company of vertical industry computer software, with places of work and buyers in over 30 nations around the world, creating consolidated revenues in excessive of US $ 800 million. Publicly traded and comprising over 20,000 consumers, CSI has a mission to get, control and build an exceptional and assorted portfolio of companies, marketing application goods to aid buyers achieve their goals and aims.

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For far more information, pay a visit to http://www.constellationauto.com

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Media Contacts:

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David Sailors