In the spotlight: real estate

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Everything you wanted to know about US and European housing finance but were too afraid to ask. Euromoney’s September edition explores the new investor landscape, the revival of European CMBS, and presents the winners of the Real Estate Awards 2013. We also examine the structural failure of the US real-estate market, the how and why of GSE reform, and explain how US municipalities need to look at new ways to increase revenues

 

Can the US housing finance market be re-privatized?

Euromoney September 2013

The revival of viable, well-funded private-label mortgage issuance is the holy grail of the US housing market. Indeed, as the Fed contemplates the tapering of its $40 billion-a-month agency MBS purchases, it is becoming an urgent necessity. But without a wholesale rethink on how US housing is funded, the cards look stacked against it.

The why and how of GSE reform

Junior preferred shareholders sue for GSE payouts



US housing finance: The imminent pain of eminent domain

US housing finance: The imminent pain of eminent domain

Euromoney September 2013

The future structure of housing finance in the US might well not be decided on Capitol Hill or New York, but in a small, working-class suburb of San Francisco.




US municipal finances: How to win the war on worklessness

US municipal finances: How to win the war on worklessness

Euromoney September 2013

As Detroit files for Chapter 9 bankruptcy, municipalities need to look at ways to increase revenues. The battle to create and attract jobs is on.

When tax increases work

Education becomes a battleground


Commercial real estate: Institutions get a taste for real estate

Commercial real estate: Institutions get a taste for real estate

Euromoney September 2013

Institutions and private equity have stepped into the gap left by banks, not least because of property’s attractive and duration-matching returns.



Mortgage finance: The revival of European CMBS – but not as we knew it

Euromoney September 2013

The market is showing signs of revival, but it will be smaller and less diversified than it was at its peak.

 

Real estate awards 2013: Blackstone leads the winners

Euromoney September 2013

Blackstone is not just the biggest real estate investor in the world today, it’s the best according to the annual Euromoney survey. CBRE and Hines maintain their leading positions as advisors and developers respectively, while JPMorgan dislodges Deutsche Bank as the top real estate bank overall

Global real estate results

Regional real estate results

Real estate survey results by country

Methodology