article thumbnail

How to Stop Further Deterioration of Distressed Commercial Assets

HardHatChat

Whether you’re a bank with distressed commercial real estate assets on your balance sheet, or you’re a real estate investor/developer who purchased a foreclosed commercial property, creating a viable workout plan can be an uphill battle. I’m not going to sugar coat it.

article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The manager will determine what he can salvage from a legacy of decline that has left Motown on the cusp of bankruptcy. In 2008, Chrysler rolled the dice and told the world it would invest $1.8 The Jefferson North facility seemed an unlikely candidate in 2008 for this largesse. million-square-foot plant.

Detroit 51
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

It has disrupted supply chains, interfered with commercial contracts, and triggered civil authority actions which have hindered the flow of commerce. Williams: The COVID-19 pandemic has put even greater pressure on the upstream oil and gas industry which is still absorbing the effects of market collapses in 2008 and 2014 and low oil prices.

Claims 40
article thumbnail

Have we reached the point when the AEC industry starts redesigning fast-food menu items?

PSMJ Resources

The sector index is as follows: Multi-famliy residential (50.1), commercial/industrial (44.9), institutional (43.1), and mixed practice (40.3). The new projects inquiry score was 52.5, down more than seven points. Regionally, the ABI breaks down as follows: Midwest 48.0, Northeast 45.7, South 41.32, West 40.5.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).

Metro 111
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ALABAMA ECONOMIC DEVELOPMENT LOAN PROGRAM: The state has more than 2,300 commercial lending sources with assets of over $61.3 The Alabama Economic Development Loan Program is used to work with commercial lenders for projects in non-entitlement communities.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 The Alabama Economic Development Loan Program is used to work with commercial lenders for projects in non-entitlement communities. For more information, please visit this link.

Income 108