The Stoler Real Estate ReportAudio and Video

“…In a time when financing for commercial real estate to scarce a few niche real estate lenders are offering short term mortgage financing alternatives. He preferred property types for financing include multifamily rental regulated apartments small office buildings as well as anchored retail. The loans are available for terms of one to five years with loan amounts ranging from one to ten million dollars -- true and the president of the commercial bank offering financing said our bank remains dedicated commercial real estate lending while many financial institutions have shut down or scaled back -- lending upper. We are in the market coast to coast …”

“…Chinese investors are visiting New York City in search of taking advantage of price reductions on residential condominiums. . Last month a group of forty Chinese investors visited Boston California Los Angeles. . And New York City for ten day trip. These investors visited the city of you newly built and foreclosed properties price from 300 to 800000 dollars one of the visitors -- based lawyer -- Angola said it's a great time to buy because of -- financial crisis and houses in the large cities like New York and Los Angeles will go open a few years homeless and investment company hopes that one day his five year old son might use it if he goes to college in the US in these days when little activities taking place by New Yorkers to purchase residential condominiums real estate developer. At the Chinese would join the ranks of -- Japanese who in the early 1990s -- he residential -- economy by purchasing condominiums this is Michael Stoller for the -- solar or state report. …”

“…visitors to Manhattan have the opportunity to experience the best hotels and bargain basement prices this month one can secure room at central talk. At the Helmsley park lane for a 179. Dollars a little further up on Central Park a 50% discount from recent high is available with the -- house for 225. Dollars per night rooms at the newly opened …”

“…at 230 east 51 street between second and third avenues in the meatpacking district you can stay at the hotel against -- for just 235 dollars a night room rates are traditionally lower in the winter offering visitors a great opportunity spent time in the Big Apple. . This is Michael Stallworth and Michael Stoller a state report. …”

“…Raymond Cordero the global chief economist at CB Richard Ellis is predicting an economic slowdown similar to the Great Depression last week mr. -- warned that the nation's commercial real estate downturn is already worse than the collapse of the early 1990s …”

“…stimulus package and the economy are. And we don't mix brings another Great Depression this is Michael -- from Mike Stoller -- they report. …”

“…National Association of Realtors commercial economic stimulus work group. Said that the severe lack of credit threatens the commercial real estate imposes significant risk for the entire economy the president of the National Association of Realtors say. Most lenders have withdrawn from the market and there is no secondary market for commercial mortgages if lenders cannot meet the growing demand for credit to refinance performing commercial real estate loans which are due to mature soon. A wave of defaults could worsen the current credit crisis policy makers must act swiftly. To enact measures to restore critic capacity many property owners are concerned that during 2009 and 2010. They will be unable to refinance existing loans including land and residential development projects. And that lenders may consider loans -- performing properties in the -- because of problems determining the fair market value of these properties the work group recommends appropriate tax policies to help strengthen the commercial real estate market the task force feels that a comprehensive plan must be created this is Michael -- for the Mike -- report. …”

“…local department and discount stores trying to move unsold inventory last week Toll Brothers reduced prices by as much as. And it's condominium units at -- its luxury waterfront project in the Williamsburg section of Brooklyn according to trade sources buyers are able to negotiate prices by as much as 20% in certain sections of Brooklyn and Manhattan between seven to 15%. One thing -- the local developers hope that the stimulus plan reached the other day or …”

“…cap for -- to qualify. The credit phases out for taxpayers with adjusted gross income in excess of 75000 las for an individual and a 150000 -- for joint family this is Michael store for the Michael …”

“…in securities as well as real estate and North America and in New York City I've lost trillions of dollars due to the global economic crisis according to accordion Foreign Minister the global financial meltdown has -- countries in the Middle -- two point five trillion dollars over the past four months and led to a 60% decline. In development projects in the region being put off or scrapped. Industry leaders believe that sovereign wealth funds and foreigners who have invested in New York City -- they would recognize serious losses in values for example last summer -- Dhabi investment council purchase than 90% stake in. In the landmark Chrysler building for 800 million dollars. Today industry leaders believe that the value of the building is no greater than 450 million dollars even the value of the GM building which …”

“…Thousands of New Yorkers want to own real estate in the fashionable Hamptons the recession the -- off on wall straightened financial services and severe reductions in year end bonuses is having an effect on home prices in the Hamptons according to a recent report issued by those same goes -- prudential Douglas only real estate prices in the Hamptons fell fourteen. In the fourth quarter 2000 and the median price in the Hamptons and north -- To 690000. From 800000 a year earlier says have declined in all but one quarter since the first three months 2008. -- Herrmann chief executive of prudential Douglas elements and buyers are nervous as prices fall and firings and banks and security firms keep coming. People wording courses and most Mars are looking for -- many properties are also sitting in market because cellist have not cut their prices to reflect the economy's decline according to Jonathan Miller on average homes sold for fifteen point 45%. Less than their asking price compared with eight point 1% a year ago expect …”

“…2009. Is a year to hang on and stay alive according to Italy to survey of the majority of a 130 executives who are members in the US real estate roundtable reveal that the majority …”

“…next twelve months with fewer people believing that the debt markets will improve significantly. . Over the coming year the survey warned that fewer people believed that the credit markets will improve over the next twelve -- …”