Latest published articles

Bailing Out a Sea of Debt: The CMBS Crisis Nobody Could Fix Fast Enough

This is post 6 in my series on The Commercial Real Estate Tsunami: A Survival Guide for Lenders, Owners, Buyers, and Brokers by Tony Wood, with a foreword by Matthew Anderson (ISBN: 978-0-470-63637-4, published by John Wiley & Sons, 2010). Chapter 5 is different from the rest of the book. It’s written by Dr. Sam Chandan, President and Chief Economist of Real Estate Econometrics and an adjunct professor at Wharton. This is the deep analytical chapter. And honestly, it’s the one that connects all the dots.

Phase Four Run-Up: When Congress Finally Asked 'How Bad Is This?'

This is post 5 in my series on The Commercial Real Estate Tsunami: A Survival Guide for Lenders, Owners, Buyers, and Brokers by Tony Wood, with a foreword by Matthew Anderson (ISBN: 978-0-470-63637-4, published by John Wiley & Sons, 2010). Chapter 4 covers “Phase Four: The Run-Up” and it’s honestly the most intense chapter so far. This is where the wave makes its final approach and Congress finally starts asking, “Wait, is this a systemic threat?”