News
Double Vision
July 27, 2010
| Watching Twilight proves the sequel is always better, so we're thrilled Goldman Sachs Commercial Mortgage Capital CEO Roddy O'Neal is back for our DFW capital markets breakfast on July 29, after speaking at our similar event in Houston last month. And since you asked: We're on Team Edward. |
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| About 300 miles down I-45, Roddy (with Prudential Mortgage Capital Co. managing director Paul Geyer) reassured us there's a functioning CMBS market today, and he's seeing bond sales that are 10 times oversubscribed. He says Goldman began activating loans again in February and now has 17 on the books. Unfortunately, it took three months to close them (in '06, that was a week's work). More Roddy newsbites: 70% of the loans are for retail, and he's seeing 55-70% leverage; the CMBS market is positioned to take on a much larger role in the near future than it has traditionally. Come hear his latest musings Thursday, along with an all-star cast of experts.Register at the bargain price of $54. You don't want to miss it! |
