| Description |
1 online resource |
| Series |
Economic issues, problems and perspectives |
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Economic issues, problems and perspectives series.
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| Contents |
COMMERCIAL REAL ESTATE: BACKGROUND AND ISSUES; COMMERCIAL REAL ESTATE: BACKGROUND AND ISSUES; CONTENTS; PREFACE; COMMERCIAL REAL ESTATE LOSSES AND THE RISK TO FINANCIAL STABILITY ; EXECUTIVE SUMMARY*; SECTION ONE: FEBRUARY REPORT; A. Introduction; B. What is Commercial Real Estate?; 1. Types of Commercial Real Estate; a. Retail Properties; b. Hotel and Tourist Properties; c. Office Buildings; d. Industrial Properties; e. Multifamily Housing and Apartment Units; f. Homebuilders; 2. How Commercial Real Estate Is Financed; a. Construction and Development Financing; b. Permanent Financing |
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3. Kinds of Difficulties Commercial Real Estate Can Encounter -- An IntroductionC. History of Commercial Real Estate Concerns; 1. Commercial Real Estate Crises of the 1980s and 1990s; 2. Recognition of Commercial Real Estate Problems before the Crisis Broke; 3. During the Late 2000s; 4. Emergency Economic Stabilization Act and the TARP; D. Present Condition of Commercial Real Estate; 1. Economic Conditions and Deteriorating Market Fundamentals; E. Scope of the Commercial Real Estate Markets; 1. Whole Loans; 2. Commercial Mortgage Backed Securities (CMBS); a. Servicing |
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B. Underlying Property and Location3. CMBS Credit Default Swaps; 4. Financing of Multifamily Housing; F. Risks; 1. Loans Become Delinquent; 2. Loans Go into Default or Become Non-Performing; 3. Loans Are Not Refinanced; a. Qualifying Loans Face Scarcity of Credit; b. Loans that Fail to Qualify for Refinancing; 4. New Loans Fail to Get Financing; 5. Broader Social and Economic Consequences; G. Bank Capital; Financial and Regulatory Accounting Issues; Counterparty Issues; and Workouts; 1. Commercial Real Estate and Bank Capital278; 2. Accounting Rules284; 3. Commercial Real Estate Workouts |
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A. Options for Resolving Defaulting or Non-Performing Loansb. Can different structural models and servicing arrangements allow private markets to function more effectively than was true for residential real estate?; c. Are workouts actually happening? If not, why not?; d. Potential Impediments to Successful Workouts; i. REMIC; ii. Taxation of Foreign Investors in U.S. Real Estate; e. Loss Recognition; H. Regulatory Guidance, the Stress Tests, and EESA; 1. Supervisors' Role before Mid-2008; 2. Supervisors' Role in the Stress Tests; 3. Supervisors' Role Regarding Loan Workouts |
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4. Supervisors' Role in Banks' Exit from the TARP5. Summary; I. The TARP; 1. The Term Asset-Backed Securities Loan Facility (TALF); 2. The Public Private Investment Program (PPIP); 3. The CPP; 4. Small Banks, Small Business, and Commercial Real Estate; 5. What Approach to Take?; a. Mid-Size and Small Banks; b. Large Banks; J. Conclusion; ANNEX I. THE COMMERCIAL REAL ESTATE BOOM AND BUST OF THE 1980S; 1. Demand for Office Space and Regional Impact; 2. Tax Law Changes; 3. Inflation, Interest Rates, and the Deregulation of Thrift Institutions |
| Notes |
Includes index |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
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Print version record |
| Subject |
Commercial real estate -- United States
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Commercial real estate -- United States -- Finance
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BUSINESS & ECONOMICS -- Real Estate -- Commercial.
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Commercial real estate
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Commercial real estate -- Finance
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United States
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| Form |
Electronic book
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| Author |
Miller, Kimberly C., editor
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| LC no. |
2020686841 |
| ISBN |
9781617286490 |
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1617286494 |
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1617283541 |
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9781617283543 |
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