The liquidity crisis, credit crunch and evidence of a global consumer recession have created a perfect storm that has severely challenged debt and credit capital markets, increased lending costs and dried up balance sheet mortgage lending. Left in the wake of the thunder and lightning are stranded investors and a myriad of balance sheet woes.However, it is not all doom and gloom. From the storm has emerged a relatively new derivative instrument that enables investors and portfolio managers to gain immediate exposure to property, or hedge property risk, without actually buying or selling bricks and mortar. Buoyed by a period of record trades, dealers, institutional investors, portfolio managers and other end useras have turned from property to property derivatives.
September 17, 2008 at 10:05 PM
1 minute read
The original version of this story was published on Legalweek
With the property market in crisis, a new type of financial instrument is taking centre stage, write Andrew Petersen and Gordon Peery
The liquidity crisis, credit crunch and evidence of a global consumer recession have created a perfect storm that has severely challenged debt and credit capital markets, increased lending costs and dried up balance sheet mortgage lending. Left in the wake of the thunder and lightning are stranded investors and a myriad of balance sheet woes.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
