Philadelphia, PA (PRWEB) November 15, 2009
Mr. DeSeve currently serves as Special Advisor to President Obama for American Recovery and Reinvestment Act implementation. He reports directly to Vice President Joseph Biden as an Assistant and acts as a Senior Adviser to the Director of the Office of Management and Budget, Peter Orszag.
Mr. DeSeve has also held senior posts at all three levels of American government. At the federal level he was:
Clearwater, FL (Vocus) October 14, 2010
Guardian Solutions, a commercial loan restructuring firm specializing in various segments within the commercial real estate market, has seen a significant increase in the number hotel owners facing imminent foreclosure that are able to save their properties.
This year the number of hotels being sold, as a percentage of investment volume within the CRE property sector has increased from below 8% at the peak of the market to over 10%. But more than one-third of hotel transactions that closed through June 30 involved distress conditions, such as foreclosures, auctions or short sales.
This latest trend is an indication to us that commercial real estate may be finally on the right path to mend itself. Lenders and special servicers that we work with closely seem more willing to restructure, workout or negotiate discounted buyouts than they did in the past; specifically, there was $ 1.29 billion in distressed properties that sold off in the first half of 2010, compared with $ 1.04 billion in first-half 2009, said Ira J. Friedman COO for Guardian Solutions.
Data from Smith Travel Research released recently shows U.S. hotel occupancy rose more than two percentage points in the first five months of this year from the same period last year, to 54.7%. However, there is no doubt that many commercial properties such as hotels remain very deeply in debt and will require a restructuring of some kind if they are to make it.
One hotel owner who was able to save his distressed property with the aid of a commercial loan restructuring firm was Tom LaSalle, owner of LaSalle Management Limited II, who had this to say, From the time they accepted my case until the closing resolution, I found Guardian Solutions to be a very professional, goal-oriented firm that demonstrated a high level of expertise in the financial field throughout our presentations and negotiations. Two months prior to Guardian Solutions closing resolution on my case I could not have anticipated such a positive result.
But the picture is not all wine and roses for the industry; the situation remains difficult for commercial property owners with hotel loans that are coming due in 2012, many of which were originated when hotel values (commercial real estate values) were much higher than today.
The basis to any successful workout negotiation is ensuring that it is a win-win for both the property owner and the lenderthe difficulty arises in creating a clear view of what is at stake for both parties as well as how they both can make the best of a tough situation with the most favorable terms, added Friedman.
According to Foresight Analytics, of the $ 5.1 billion in securitized mortgages that are coming due in 2012, a whopping 64.5% are currently underwater. Those properties not generating enough revenue to cover their interest payments represent 42.2% of that balance due in 2012.
This pending debt foreshadows more turbulent times before any real recovery for the hotel sector takes hold; hotel owners would be well advised to take immediate steps to save their properties through a comprehensive loan restructuring plan sooner rather than later.
While we expect the hotel industry to eventually come back strong, I would advise any hotel owner facing an untenable balloon payment, or already in default to act aggressively now to keep his property by engaging a reputable commercial loan restructuring firm to represent the property, added Jeramie P. Concklin, CEO for Guardian Solutions.
About Guardian Solutions
Guardian Solutions is the one of nations largest commercial loan restructuring companies and is committed to helping commercial property owners save their properties. The companys knowledgeable mitigators are experienced in a variety of disciplines to provide customized restructuring solutions. For more information, visit http://www.GuardianSolutions.org
Contact:
Jamie Sene
Senior Vice President, Marketing
Guardian Solutions
727-442-8833
jvs(at)guardiansolutions(dot)org
http://www.GuardianSolutions.org
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Clearwater, FL (Vocus) October 18, 2010
This year the number of hotels being sold, as a percentage of investment volume within the CRE property sector has increased from below 8% at the peak of the market to over 10%. But more than one-third of hotel transactions that closed through the end of last summer involved distressed conditions, such as foreclosures, auctions or short sales. But the numbers alone can be misleading.
According to Ira J. Friedman, COO of Guardian Solutions, a commercial loan restructuring firm specializing in various segments within the commercial real estate market, they have seen a significant and steady increase in the number of hotel owners facing imminent foreclosure that are able to save their properties.
This latest trend is an indication to us that commercial real estate may be finally on the right path to mend itself. Lenders and special servicers that we work with closely seem more willing to restructure, workout or negotiate discounted buyouts than they did in the past; specifically, there was $ 1.29 billion in distressed properties that sold off in the first half of 2010, compared with $ 1.04 billion in first-half 2009, said Friedman.
Data from Smith Travel Research released recently shows U.S. hotel occupancy rose more than two percentage points in the first five months of this year from the same period last year, to 54.7%. However, there is no doubt that many commercial properties such as hotels remain very deeply in debt and will require a restructuring of some kind if they are to make it.
One hotel owner who was able to save his distressed property with the aid of a commercial loan restructuring firm was Tom LaSalle, owner of LaSalle Management Limited II, who had this to say, From the time they accepted my case until the closing resolution, I found Guardian Solutions to be a very professional, goal-oriented firm that demonstrated a high level of expertise in the financial field throughout our presentations and negotiations. Two months prior to Guardian Solutions closing resolution on my case I could not have anticipated such a positive result.
But the picture is not all wine and roses for the industry; the situation remains difficult for commercial property owners with hotel loans that are coming due in 2012, many of which were originated when hotel values (commercial real estate values) were much higher than today.
The basis to any successful workout negotiation is ensuring that it is a win-win for both the property owner and the lenderthe difficulty arises in creating a clear view of what is at stake for both parties as well as how they both can make the best of a tough situation with the most favorable terms, added Friedman.
According to Foresight Analytics, of the $ 5.1 billion in securitized mortgages that are coming due in 2012, a whopping 64.5% are currently underwater. Those properties not generating enough revenue to cover their interest payments represent 42.2% of that balance due in 2012.
This pending debt foreshadows more turbulent times before any real recovery for the hotel sector takes hold; hotel owners would be well advised to take immediate steps to save their properties through a comprehensive loan restructuring plan sooner rather than later.
While we expect the hotel industry to eventually come back strong, I would advise any hotel owner facing an untenable balloon payment, or already in default to act aggressively now to keep his property by engaging a reputable commercial loan restructuring firm to represent the property, added Jeramie P. Concklin, CEO for Guardian Solutions.
About Guardian Solutions
Guardian Solutions is the one of nations largest commercial loan restructuring companies and is committed to helping commercial property owners save their properties. The companys knowledgeable mitigators are experienced in a variety of disciplines to provide customized restructuring solutions. For more information, visit http://www.GuardianSolutions.org
Contact:
Jamie Sene
Senior Vice President, Marketing
Guardian Solutions
727-442-8833
jvs(at)guardiansolutions(dot)org
http://www.GuardianSolutions.org
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(PRWEB) April 19, 2013
The Cleveland Monetary Stress Index (CFSI)a resource that enables policymakers and economic analysts to keep track of the situation of economic marketsnow provides everyday updates and tracks pressure in the real estate and securitization markets, in addition to credit marketplaces, fairness markets, international trade markets, and funding marketplaces.

The CFSI, which was produced by scientists at the Federal Reserve Bank of Cleveland, uses information from 16 elements reflecting six essential financial sectors. Formerly published on a month-to-month basis, the index and its components are now up to date daily, enhancing the ability to observe the reaction of markets to certain financial activities.
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According to the Cleveland Feds Tim Bianco, the CFSI was elevated at the beginning of 2012, but declined as the calendar year progressed. In 2013, the CFSI has remained reduced, as economic problems proceed to boost. In current months, the CFSIs securitization market place has been contributing most to the all round stage of financial tension, even though the foreign trade and funding marketplaces have been contributing minor pressure.
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In addition to becoming a valuable resource for monetary analysts and investment decision experts, the CFSI also enables regulators to check nerve-racking episodes as they are developing. Early detection is critical because when important stress occurs in multiple marketplaces, total financial pressure is speedily amplified.

Read through An Enhanced Strategy to Measuring Financial Pressure.

Access the CFSI and its interactive charts.


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Sarasota, FL (PRWEB) September 3, 2009
AmStar Litigation Assist announced these days that its CLE-accredited audio program, titled “Foreclosures Defense — Recession Proof Your Practice,” has been accepted by the California Bar for six.25 hrs of CLE credit rating. The program is valuable to litigators, in-residence counsel, foreclosures protection lawyers, paralegals and mediators.

Created to provide attorneys with essential information and sources in Foreclosure Defense law, this audio course gives them with the information they need to have to construct a productive follow. Topics of the course incorporate the home loan business, the original customer assembly, discovery, ethics, imputed revenue, securitization, pleading and method, substantive mortgage bank loan legislation, bank loan auditing and more. &#thirteen
“I adore this course’s samples and how there are so numerous guides and checklists to use,” explained Melody P., Foreclosures Defense & Personal bankruptcy Relief legal professional. And according to Individual Damage and Foreclosures Defense legal professional Scott K., “This is the very best CLE course I have heard.”
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The CLE deal involves an audio system, a reside recording of an extensive concern-and-reply session, digital course components, and a thorough library of checklists, pleadings and much more. 
To get or learn far more details about “Foreclosure Defense — Recession Proof Your Follow,” go to http://www.AmStarLitigation.com/CLE or contact 1-877-550-5878.
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About AmStar&#thirteen
AmStar is a leading supplier of authorized support services for little and mid-dimensions regulation firms that apply Foreclosures Protection, Bankruptcy and other locations of Buyer Legislation. Our solutions include thanks diligence, credit counseling, document selection, petition planning, and marketing. For a lot more information, remember to visit http://www.AmStarLitigation.com or phone 1-877-550-5878.

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Sarasota, FL (PRWEB) September 3, 2009
AmStar Litigation Assistance announced right now that its CLE-accredited program, titled “Foreclosures Protection — Economic downturn Proof Your Practice,” is now offered in audio structure. The course is valuable to litigators, in-property counsel, foreclosure defense lawyers, paralegals and mediators.

Created to offer attorneys with elementary understanding and assets in Foreclosures Protection legislation, this audio system provides them with the information they want to create a successful follow. Subjects of the program include the Home loan Business, the First Client Conference, Discovery, Ethics, Imputed Cash flow, Securitization, Pleading and Treatment, Substantive House loan Financial loan Legislation, Loan Auditing and much more.

“I really like this course’s samples and how there are so numerous guides and checklists to use,” explained Melody P., Foreclosure Protection & Individual bankruptcy Aid lawyer. And in accordance to Private Injuries and Foreclosures Protection attorney Scott K., “This is the very best CLE system I’ve read.”

The CLE package deal includes an audio course, a dwell recording of an comprehensive question-and-answer session, digital program supplies, and a complete library of checklists, pleadings and far more.
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The program is obtainable to legal professionals in Florida, New Jersey, Arizona, Massachusetts, Connecticut, Michigan, Maryland and the District of Columbia.

To buy or learn far more information about “Foreclosure Protection — Economic downturn Proof Your Apply,” visit http://www.AmStarLitigation.com/CLE or contact one-877-550-5878.

About AmStar:
AmStar is a major company of lawful assist services for tiny and mid-dimensions legislation companies that practice Foreclosures Defense, Bankruptcy and other locations of Consumer Law. Our providers consist of due diligence, credit rating counseling, document selection, petition planning, and advertising and marketing. For much more information, make sure you check out http://www.AmStarLitigation.com or call one-877-550-5878.
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