Ben Thypin, senior market analyst at Real Capital Analytics, said it was unlikely that a major brokerage firm would put together a deal to rescue Grubb & Ellis, but said a niche firm or a firm not directly in the commercial real estate space might express interest in buying the firm.
Read More: http://therealdeal.com/newyork/articles/grubb-ellis-says-exclusive-colony-window-closes-but-daymark-realty-advisors-subsidiary-deal-still-on-table
The acquisition of Netherlands-based ING Group's real estate investment business "is certainly a good strategic move for CB because it gives them a much more stable stream of income," said Ben Thypin, director of market analysis at Real Capital Analytics Inc.
"They were a sizable force in this business before, but this really puts them at the top and changes the fee composition of their revenue substantially," Thypin said.
Investors place more value on predictable recurring revenue, which asset management fees provide, he said. CB Richard Ellis closed at $25.34, up 71 cents, or 3%.
Read More: http://www.latimes.com/business/realestate/la-fi-cb-richard-ellis-20110216,0,6619206.story
“REITs and private-equity firms would have a lot of interest in a company like Spirit because their tenant quality makes cash flows predictable in an uncertain market,” said Ben Thypin, an analyst at Real Capital Analytics Inc. in New York. The sale may give buyout firms “confidence that they can unload their boom-era investments.”
Read More: http://www.bloomberg.com/news/2010-07-21/macquarie-group-said-to-seek-bids-of-3-5-billion-for-spirit-finance-reit.html
CWCapital Asset Management, a unit of CW Financial, is the special servicer of $144 billion of securitized real estate loans, including more than $18 billion that are delinquent, according to data compiled by Bloomberg. It has access to valuable pricing and payment information, according to Ben Thypin, an analyst at Real Capital Analytics Inc. in New York.
...“Owning a firm like CW gives access to information on a lot of troubled loans as well as an established platform for originating new ones,” Thypin said. “That puts the owner in the driver’s seat and in control of distressed real estate that they may want for themselves.”
Read More: http://www.businessweek.com/news/2010-06-18/vornado-realty-said-to-bid-for-servicer-cw-financial-update1-.html
“Lenders may have an incentive to work things out with the company because a lot of Gramercy’s business is intertwined with theirs,” said Ben Thypin, senior market analyst at New York- based research firm Real Capital Analytics Inc. “A potential pre-packaged bankruptcy stays with that theme of a coordinated restructuring effort.”
Read More: http://webfarm.bloomberg.com/news/2010-04-30/gramercy-capital-lenders-said-to-hire-houlihan-lokey-on-debt-restructuring.html
Ben Carlos Thypin
I am currently the co-founder of Quantierra, the world's first data driven real estate brokerage and investment manager. In my former life as Director of Market Analysis at Real Capital Analytics, I worked with press outlets large and small to provide them with great data and insightful commentary. Here are some of the results of this collaboration. For the rest, please check out the News Archive.
Progress Group LLC
Copyright © 2016