Finance Institutional Investment
CalHFA Commits $2.4M for Affordable, Seniors MF
May 5, 2008

The California Housing Finance Agency (CalHFA) is once again teaming up with Habitat for Humanity to provide $2.43 million for first mortgages to stimulate new homeownership opportunities for more Californians. The team works through the Habitat for Humanity Loan Purchase Program. This program enables local habitat affiliates to better leverage existing resources and generate additional funds, making it possible for them to build additional affordable homes that are urgently needed for low income families and sneiors throughout the state.

 
Recent Institutional Investment Headlines
Financial Market Update: After the Closing Bell-Monday, Oct. 6
Oct. 06, 2008
Yo-yoing has become the norm on Wall Street as the Dow Jones Industrial Average stampeded down about 800 points and then sprang back up again toward the end of the trading day Monday, finishing down 369 points for the day. The Dow also ended below the 10,000 point mark for the first time in four years.
Fed Begins TAFfy Pull to Encourage Lending; New CDS Market Reported
Oct. 06, 2008
Earlier today, in a move intended to “encourage term lending across a range of financial markets in a manner that eases pressures and promotes the ability of firms and households to obtain credit,” the Federal Reserve Board announced that it will both start to pay interest on its depositories’ required and excess reserve balances and significantly increase the size of the Term Auction Facility (TAF) auctions, starting with today’s auction of 84-day credit.
Citi, Wells Fargo Continue Battle Over Wachovia
Oct. 06, 2008
Despite the agreement made Friday between Wells Fargo & Co. and Wachovia Corp. for the two companies to merge, drama was added to the situation Saturday when Citi was granted emergency injunctive relief extending the exclusivity agreement between Citi and Wachovia Corp. until further order of the court.
German Government Prepares New €50B Rescue Plan for Hypo
Oct. 06, 2008
Following Saturday night’s collapse of a €35 billion deal to rescue the Munich-based Hypo Real Estate Group, the German government has assembled a second and larger package valued at €50 billion (U.S.$68 billion).
breaking Rescue Bill’s Passage Holds Good Tidings for Real Estate
Oct. 03, 2008
President Bush wasted no time whatsoever in signing the Emergency Economic Stabilization Act of 2008, inking it into law swiftly after its passage by the U.S. House of Representatives this afternoon.
 

 

ProLogis Lands on Two New Dow Jones Green Indices
October 03, 2008
By Judy Feldman, Contributing Correspondent -- ProLogis announced October 2nd that it has been included on the Dow Jones Sustainability Indices. These indices are the first to track the financial performance and viability of leading businesses worldwide known for their...

Colonial Properties Sells M-F Asset for $58M
October 03, 2008
By Judy Feldman, Contributing Correspondent -- Colonial Properties Trust has announced that it has completed the sale of Colonial Grand at Hunter's Creek, a 496-unit apartment community located in Orlando, Fla. The asset went for $57.7 million in net proceeds,...

KW, Guardian Life Partner on $84M San Jose Apartment Purchase
October 03, 2008
By Barbra Murray, Contributing Editor -- Beverly Hills-headquartered Kennedy Wilson Multifamily Management Group and New York City-based Guardian Life Insurance Co. of America have shelled out $84 million for Avalon at Blossom Hill, a 324-unit apartment property in San Jose,...

Lanesborough REIT Acquires Office, M-F Complex in Canada for $38M
October 03, 2008
By Elena Gontar, Staff Writer -- Lanesborough Real Estate Investment Trust has completed the previously announced $38 million acquisition of an apartment/office complex in Winnipeg, Manitoba, known as Colony Square. Lanesborough REIT had previously owned a 1.5 percent beneficial interest...

REal Talk with Adam Perrotta-Thursday
October 02, 2008
By Adam Perrotta --With all the talk of late about the financial slowdown and credit freeze, the past couple of days have seen a surprising amount of projects getting major financing. Just today and yesterday have seen Bozzuto getting a...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...