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Whither Refinancing in a Still-Soft Commercial Market?

The National Association of Realtors reports that its commercial real estate index, which measures the attitudes of more than 600 local market experts, rose just 2.8 percentage points to 41.0 in the second quarter. That’s well below the 100 mark, which represents a balanced market.

Considering Select Employment Issues for Real Estate Executives

By Michael Scheinberg, Pircher Nichols & Meeks: With the unprecedented changes in our economy and the new opportunities in real estate investment and management, many executives are moving to new positions or re-negotiating and formalizing their existing relationships. Here are some business issues for the executive to consider in employment, profit sharing and non-compete agreements.

GSEs Get Tongue-Lashing from Geithner

In a blistering rebuke to government-sponsored entities Fannie Mae and Freddie Mac at this week’s Obama-administration hosted conference on the future of housing finance, Geithner blasted the two for lowering their underwriting standards to provide unbacked guarantees for riskier mortgages while simultaneously accumulating portfolios of mortgage-backed securities that at their greatest reached more than $1.6 trillion.

Real Estate Challenges Stock Market for Investor Favor

By Ken Riggs, CEO, Real Estate Research Corp.: Institutional investors frustrated by and skittish about the slowing economy as well as the volatility and risk of the stock market are finding the commercial real estate increasingly attractive, despite the approximately 35 percent loss in value the asset class has endured during the past few years.