Off the Exchange
Kodak and the Great Patent Non-Bubble: It's Not Nortel Revisited
Following the very visible auction of the Nortel patent assets in which a consortium of mobile phone companies kept the portfolio away from Google for a tidy $4.5 billion, activist investors have been pressing boards and management to monetize the …
The Big Picture
Mitchell Sabshon: CRE Outlook Brightens, but Day of Reckoning Lies Ahead
As a commercial real estate (CRE) industry veteran, Mitchell Sabshon, current COO at Cole Real Estate Investments and former President and CEO of Goldman Sachs Commercial Mortgage Capital, has lived through the booms and busts. In this exclusive interview with …
The Big Picture
CMBS Markets Show Signs of Life in 2012: Distressed Legacy Bonds Entice
In early 2011, the commercial mortgage-backed securities (CMBS) market started to see increasing investor interest, with the new origination market coming back online after two years of little or no activity following the credit market collapse. More conservative, less leveraged …
The Big Picture
CMBS Market Reawakens Slowly: Distressed Debt Offers Opportunity
David Rabin and David Blum oversee the private real estate portfolios at URDANG Capital Management, Inc., the institutional real estate investment boutique of $1.25 trillion BNY Mellon Asset Management. In this interview with Alchemy contributing writer Andrew Barber, these real …
Sharing the Wealth
Helen Chaitman Lightens the Burden for Madoff Victims
Helen Davis Chaitman will never forget the evening of Dec. 11, 2008, when she learned that Bernard L. Madoff had been arrested and charged with running “a giant Ponzi scheme.” “I felt the blood drain from my body,” she recalls. …
