Commercial Real Estate Week in Review

Commercial Real Estate Week in Review-Week of May 30-June 5

-China paralyzes real estate market in a potentially overzealous attempt at stopping a real estate bubble.

-Is Equity One EQY’s acquisition of Capital and Counties USA a sign of recovery?

-Durst vs. Related for right to buy into One World Trade Center.

-Mezzanine loans making a slow comeback into the commercial real estate market.

-Thor Equities outbids Vornado VNO and SL Green SLG for Takashimaya Building, in good position to purchase the building.

-Calloway REIT CWT plans to issue $95M in 5-year bonds.

-A recent survey shows investors turning to property and equities, shying away from derivatives.

-The Oracle of Omaha defends Moody’s MCO at Financial Crisis Inquiry Commission.

-Is strategic default a viable last resort for property owners?

-Lehman sells management contracts on real estate funds to former managers.

-Jones Lang LaSalle JLL: Hotels can be used collateralizing CMBS again.

-Correction on Welsh Property Trust IPO: almost 21M shares at $16.50.

-Starwood Capital purchases minority stake in Hersha Hospitality Management.

-Is an interest rate increase on the horizon?

-Carlyle is the current frontrunner to acquire $1.03B worth of White Tower CMBS assets.