Reggie Middleton

Falling Up: The New Business Model

Kudos!

Commercial Real Estate - Make Up Your Own Mind

nice explanatory article. This problem was not difficult to see coming at all. I warned as early and September 2007, and put out loads of research warning that the big CRE REITs would be toast unless they shed assets quickly at distressed prices. What happened? Bankruptcy.

And just as you illuminated, loan extensions simply kick the can down the road. The equity is gone, the modeled cash flows will are not materializing, and the securitization market is close to dead.

As for anybody who feels that this could not have been seen, see below and notice the dates and the content of each URL...

boombustblog.com/compo.../

boombustblog.com/compo.../

boombustblog.com/conte.../

boombustblog.com/index...

www.bloomberg.com/apps...

boombustblog.com/20090...

Talk of a Real Estate Bottom Already Is a Waste of Breath

This is a very opinionated bunch. I'm glad to see I stimulated some conversation. It is quite interesting to see squawk tell me, a successful real estate investor for the past 8 years, that my missive "illustrates a complete lack of understanding of the real estate market". I guess I bettergo back and unravel all of those deals... Squawk, read carefully. Each market is different, I had one article to write. Come visit us on my blog and we can go over this in detail.

Tcorneilson: "Remove Arizona, California, Florida, Nevada and a few other coastal markets" and remove X and Y and Z and ... We only have 50 states...

There is a lot of negative criticism on Seeking Alpha, much of it ucalled for. I think many a pundit could use a hug:-)