Non-Recourse No Brainer

Non-Recourse No Brainer By: Nicholas A. Dunlap, CPM Commercial property owners defaulting on non-recourse loans? Say it ain’t so. Today’s Wall Street Journal highlighted a growing trend amongst over-leveraged Commercial Property Owners who seek to renegotiate or restructure their loans with banks by first stopping payment. Apparently halting payments on a $135 million dollar mortgage … Continue reading Non-Recourse No Brainer →

Consumer Spending On The Rise

Consumer Spending On The RiseBy: Nicholas A. Dunlap, CPM Screw the banks, feed the economy…or so the actions of our nations consumers most currently suggest. Data released today by Morgan Stanley shows that mortgage delinquencies are up 8% from mid-2007, but that consumer spending rose 3.6% in the United States last quarter. So instead of … Continue reading Consumer Spending On The Rise →