Robin Panovka: REITs face a new reality
The heady rush of taking real estate investment trusts from public to private has evaporated in today's credit-market crunch. And so, it's time to face a new reality, says New York attorney Robin Panovka, a renowned expert on REIT mergers and acquisitions.
Steven Davidson: Don't blame CDOs for the subprime crisis
The collapse of the subprime residential real estate market last summer has Wall Street investment banks and international financial titans reeling.
Subprime discussion part one: What is the subprime market and why do we need it?
Knowledge@W. P. Carey recently taped a discussion about the subprime market between Jeffrey Coles, chairman of the finance department at the W. P. Carey School of Business, Anthony Sanders, professor of real estate and finance at the school and Steven Davidson, vice president,
Gordon DuGan: How subprime mortgage woes spread through the financial system
A first-time homebuyer with limited earning power and a sketchy credit history would seem to have little in common with a blue chip corporation. But thanks to some creative investment vehicles they've now been tied together.
ASU-RSI: Phoenix metro real estate decline accelerates
Like an object dropped over the side of a high building, housing prices in the Phoenix metro area picked up speed on the way down, reports Karl Guntermann, real estate professor at the W. P. Carey School of Business.
Location, location, location: Home price declines vary widely across metro Phoenix regions
Housing prices in the Phoenix metro area continue to plummet and the rate of decline has accelerated, according to Karl L. Guntermann, a professor of real estate and finance at the W. P. Carey School of Business.
Chase Home Equity: Innovation from the inside out
The home-equity loan industry is crowded with competitors, making it tough for mortgage companies to hang onto market share — much less grow revenue, according to Brad Connor, president of Chase Home Equity, who recently spoke at the 18th Annual Compete Through Service Symposium, sponsored by the
New Arizona Home Price Index aims for more accurate measure of housing appreciation
The most popular indices currently in use today, such as those developed by the National Association of Realtors, measure the median home prices nationally and in a given region. But is median price the best way to measure the trend in home prices?
Snapshot: The Phoenix real estate market
If you are in the market for a house, the news is good: Sellers will answer your calls and consider your offer.
Phoenix real estate: January one of slowest in years
January — usually the slowest month of the year for home sales — turned out to be the second quietest in 14 years.