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	<title>AZ Advisory - Commercial Real Estate Investment Advisory by Alex Zylberglait &#187; Commercial Mortgage-backed Securities</title>
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	<link>http://commercialrealestateinvestmentadvisory.com</link>
	<description>AZ Advisory - Commercial Real Estate Investment Advisory by Alex Zylberglait</description>
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		<title>Encouraging Signs Emerge Amidst Cautious Lending</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2010/01/22/encouraging-signs-emerge-amidst-cautious-lending/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2010/01/22/encouraging-signs-emerge-amidst-cautious-lending/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 19:40:30 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[2010 Forecast]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategies]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Financing]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Lending]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Miami-Dade]]></category>
		<category><![CDATA[South Florida]]></category>
		<category><![CDATA[TALF]]></category>
		<category><![CDATA[Term Asset-Backed Securities Loan Facility]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=855</guid>
		<description><![CDATA[Lenders Remain Cautious, but Encouraging Signs Emerge. Banks will remain the primary source of financing for commercial real estate, with the exception of apartments, which will continue to benefit from agency lending. Life insurance companies are showing renewed interest in lending, but a 2010 surge is unlikely due to capacity limitations. While traditional CMBS is [...]]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2010/01/22/encouraging-signs-emerge-amidst-cautious-lending/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Commercial Real Estate Attract Foreign Investors</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2010/01/13/us-commercial-real-estate-attract-foreign-investors/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2010/01/13/us-commercial-real-estate-attract-foreign-investors/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 16:33:24 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[2010 Forecast]]></category>
		<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategies]]></category>
		<category><![CDATA[Foreign Investors]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Property Listings]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>
		<category><![CDATA[Distressed Commercial Real Estate]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=816</guid>
		<description><![CDATA[Looking at a report by our commercial real estate research partner, Real Capital Analytics &#8212; it says that &#8220;Foreign interest in buying US property is high and will grow in 2010. Asian investors will provide some of the newest capital in the market, but German funds and high net worth buyers from around the globe [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Seventy-two percent of Investors are Preparing for Buying Opportunities in 2010</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2010/01/04/seventy-two-percent-of-investors-are-preparing-for-buying-opportunities-in-2010/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2010/01/04/seventy-two-percent-of-investors-are-preparing-for-buying-opportunities-in-2010/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 17:38:47 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[2010 Forecast]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Office Buildings]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategies]]></category>
		<category><![CDATA[Commercial Real Estate Investments Outlook]]></category>
		<category><![CDATA[Current State of Commercial Real Estate Market]]></category>
		<category><![CDATA[Investing Tips]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=773</guid>
		<description><![CDATA[Based on our survey, it’s clear that investors want to pursue new acquisitions.  Seventy-two percent (72%) of respondents say that they are currently reserving and amassing capital for buying opportunities. The majority of investors expect to execute more transactions. More than one in four respondents (28%) say they have already started adding to their portfolios, [...]]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2010/01/04/seventy-two-percent-of-investors-are-preparing-for-buying-opportunities-in-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Lender Resumes Commercial Real Estate Loans on Income-Producing Properties</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/12/14/a-lender-resumes-commercial-real-estate-loans-on-income-producing-properties/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/12/14/a-lender-resumes-commercial-real-estate-loans-on-income-producing-properties/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 03:02:26 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Loans]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Miami-Dade]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[Public-Private Investment Program]]></category>
		<category><![CDATA[South Florida]]></category>
		<category><![CDATA[TALF]]></category>
		<category><![CDATA[Term Asset-Backed Securities Loan Facility]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=685</guid>
		<description><![CDATA[Bridger Commercial Funding announced today that it  will resume originating new commercial real estate loans on income-producing  properties. Loans made under Bridger’s new program will be underwritten to  eligibility standards for securitization under the Federal Reserve’s Term  Asset-Backed Securities Loan Facility, or TALF. Separately, Bridger also  announced that it has [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>DISTRESS MOUNTING</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/11/16/distress-mounting/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/11/16/distress-mounting/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 13:32:16 +0000</pubDate>
		<dc:creator>Alex Zylberglait</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Office Buildings]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategies]]></category>
		<category><![CDATA[Current State of Commercial Real Estate Market]]></category>
		<category><![CDATA[Investing Tips]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Property Listings]]></category>
		<category><![CDATA[South Florida]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Intelligence]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>
		<category><![CDATA[distressed assets]]></category>
		<category><![CDATA[Distressed Commercial Real Estate]]></category>
		<category><![CDATA[Government Programs]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Maturing Commercial Mortgage Debt]]></category>
		<category><![CDATA[Miami-Dade]]></category>
		<category><![CDATA[TALF]]></category>
		<category><![CDATA[Term Asset-Backed Securities Loan Facility]]></category>
		<category><![CDATA[toxic assets]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=570</guid>
		<description><![CDATA[As we continue to track the amount of debt in distress across all product types and geographies, it is evident that it&#8217;s a matter of time until lenders begin to divest these assets. Even though they currently do not have as much pressure to realize losses immediately they will eventually have to do something about [...]]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2009/11/16/distress-mounting/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Commercial Real Estate &#8211; A Buyer&#8217;s Market on the Horizon</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/11/10/office-building-distressed-assets-commercial-real-estate-a-buyers-market-on-the-horizon/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/11/10/office-building-distressed-assets-commercial-real-estate-a-buyers-market-on-the-horizon/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 21:09:56 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Office Buildings]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategies]]></category>
		<category><![CDATA[Investing Tips]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Property Listings]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[South Florida]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Intelligence]]></category>
		<category><![CDATA[Distressed Commercial Real Estate]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Maturing Commercial Mortgage Debt]]></category>
		<category><![CDATA[Miami-Dade]]></category>
		<category><![CDATA[Wealth-building Strategy]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=552</guid>
		<description><![CDATA[Real Capital Analytics, Inc. estimates that commercial real estate loans in default, foreclosure, or bankruptcy now total roughly to $130 billion are finding its way out in the market as distressed assets.  Investors will score bargains on office building premium properties. This last quarter of 2009 through 2011 would be the best time for investors [...]]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2009/11/10/office-building-distressed-assets-commercial-real-estate-a-buyers-market-on-the-horizon/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Will PPIP Finally Inject some Transparency into Distressed Asset Pricing?</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/10/23/commercial-real-estate-investment-advisory-miami-will-ppip-finally-inject-some-transparency-into-distressed-asset-pricing/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/10/23/commercial-real-estate-investment-advisory-miami-will-ppip-finally-inject-some-transparency-into-distressed-asset-pricing/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 02:45:35 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Public-Private Investment Program (PPIP)]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Government Programs]]></category>
		<category><![CDATA[Maturing Commercial Mortgage Debt]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Miami-Dade]]></category>
		<category><![CDATA[PPIP]]></category>
		<category><![CDATA[Public-Private Investment Program]]></category>
		<category><![CDATA[South Florida]]></category>
		<category><![CDATA[TALF]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=457</guid>
		<description><![CDATA[With five of the selected nine asset managers for the Treasury Departments Public Private Investment Program now fully funded with their debt and equity capital commitments, there is some $12.27 billion in purchasing power aimed at the so-called legacy – or to be more precise, toxic – assets still clogging the real estate markets.]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2009/10/23/commercial-real-estate-investment-advisory-miami-will-ppip-finally-inject-some-transparency-into-distressed-asset-pricing/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>“You Can Make Good Transactions in Bad Markets, and You Can Make Bad Transactions in Good Markets”</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/09/23/commercial-real-estate-investment-advisory-%e2%80%9cyou-can-make-good-transactions-in-bad-markets-and-you-can-make-bad-transactions-in-good-markets%e2%80%9d/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/09/23/commercial-real-estate-investment-advisory-%e2%80%9cyou-can-make-good-transactions-in-bad-markets-and-you-can-make-bad-transactions-in-good-markets%e2%80%9d/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 21:52:32 +0000</pubDate>
		<dc:creator>AZ Advisory Team</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate Outlook Reports]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Investing Tips]]></category>
		<category><![CDATA[Outlook Reports]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=216</guid>
		<description><![CDATA[“You Can Make Good Transactions in Bad Markets, and You Can Make Bad Transactions in Good Markets".]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2009/09/23/commercial-real-estate-investment-advisory-%e2%80%9cyou-can-make-good-transactions-in-bad-markets-and-you-can-make-bad-transactions-in-good-markets%e2%80%9d/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Outlook on Commercial Mortgage-backed Securities (CMBS) and Term Asset-Backed Securities Loan Facility (TALF) – 3 of 3</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/09/18/outlook-on-commercial-mortgage-backed-securities-cmbs-and-term-asset-backed-securities-loan-facility-talf-%e2%80%93-3-of-3/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/09/18/outlook-on-commercial-mortgage-backed-securities-cmbs-and-term-asset-backed-securities-loan-facility-talf-%e2%80%93-3-of-3/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 12:00:12 +0000</pubDate>
		<dc:creator>Alex Zylberglait</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate Outlook Reports]]></category>
		<category><![CDATA[Investment Opportunities]]></category>
		<category><![CDATA[Term Asset-Backed Securities Loan Facility]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Buildings]]></category>
		<category><![CDATA[Commercial Office Building]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>
		<category><![CDATA[Government Programs]]></category>
		<category><![CDATA[Outlook Reports]]></category>
		<category><![CDATA[TALF]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=179</guid>
		<description><![CDATA[a growing number of large property owners and lenders will take advantage of the program by year end. ]]></description>
		<wfw:commentRss>http://commercialrealestateinvestmentadvisory.com/2009/09/18/outlook-on-commercial-mortgage-backed-securities-cmbs-and-term-asset-backed-securities-loan-facility-talf-%e2%80%93-3-of-3/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Outlook on Commercial Mortgage-backed Securities (CMBS) and Term Asset-Backed Securities Loan Facility (TALF) – 2 of 3</title>
		<link>http://commercialrealestateinvestmentadvisory.com/2009/09/16/commercial-real-estate-investment-advisory-outlook-on-commercial-mortgage-backed-securities-cmbs-and-term-asset-backed-securities-loan-facility-talf-%e2%80%93-2-of-3/</link>
		<comments>http://commercialrealestateinvestmentadvisory.com/2009/09/16/commercial-real-estate-investment-advisory-outlook-on-commercial-mortgage-backed-securities-cmbs-and-term-asset-backed-securities-loan-facility-talf-%e2%80%93-2-of-3/#comments</comments>
		<pubDate>Wed, 16 Sep 2009 13:00:06 +0000</pubDate>
		<dc:creator>Alex Zylberglait</dc:creator>
				<category><![CDATA[Commercial Mortgage-backed Securities]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
		<category><![CDATA[Commercial Real Estate Outlook Reports]]></category>
		<category><![CDATA[Term Asset-Backed Securities Loan Facility]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[Commercial Real Estate Investment]]></category>
		<category><![CDATA[Commercial Real Estate Investment Advisory]]></category>
		<category><![CDATA[Commercial Real Estate Investment Strategy]]></category>
		<category><![CDATA[Government Programs]]></category>
		<category><![CDATA[TALF]]></category>

		<guid isPermaLink="false">http://commercialrealestateinvestmentadvisory.com/?p=154</guid>
		<description><![CDATA[Of the many government programs, TALF appears to hold the most promise for freeing up capital for commercial real estate lending in the near term. Since it can take a few months to organize a TALF-eligible CMBS deal, the program is off to a slow start, but the wheels are now in motion, and a growing number of large property owners and lenders will take advantage of the program by year end. While TALF was set to expire at the close of 2009, the program was recently extended to March 31, 2010, for existing CMBS and June 30, 2010, for newly issued CMBS.
]]></description>
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		<slash:comments>2</slash:comments>
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