Word: commerciales
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Dates: during 2000-2009
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"The similarities are huge, except this time the opportunities seem to be on the debt side as opposed to the equity side," says Bob Bach, chief economist with Grubb & Ellis Co., a commercial real estate services and investment company.
Currently, there is $978.9 billion in commercial mortgage-backed securities (CMBS) and $6.65 trillion in residential mortgage-backed securities (RMBS) outstanding in the U.S. market, according to Dealogic. Of those, more than $90 billion in CMBS and more than $110 billion in RMBS will mature within the next three years...
"The home of Ike Eisenhower was fighting back," Phillip Cosby, a retired Army master sergeant who led the Kansas antiporn brigade, recalls proudly. Then in 2006, the state legislature enacted a law to limit the size of billboards to 40 sq. ft. Only an establishment's name, location, phone number...
Webb also met with detained democracy activist Aung San Suu Kyi. The inspirational leader of the opposition National League for Democracy (NLD), Suu Kyi was sentenced to 18 months of house arrest on Tuesday after a bizarre case in which an American swam to her lakeside villa in commercial capital...
When the Chinese government announced earlier this week the formal arrest of four Shanghai-based executives of global mining giant Rio Tinto - one Australian citizen and three Chinese nationals - it seemed a deliberate ratcheting down of a case that had stunned foreign investors in the country. After all, Beijing had...