John B. Levy

Forecast for how local CMBS loans will play out: hazy

The delinquency rate for commercial real estate loans is climbing in Richmond. That could mean more distressed property will hit the market this year as lenders get tougher on borrowers. And that, in turn, could mean a few more bargain-basement prices for investors willing to bet on a recovery.

DealFlow: Investment Banking roundup for 2.11.11

Welcome to DealFlow, a new monthly BizSense data section that tracks the recent deals that local firms had a hand in, whether by brokering a capital raise, advising on an IPO or helping close an M&A deal. This week, lots of deals from Harris Williams, Wunderlich and BB&T Capital Markets.

Richmond’s piece of the coming commercial real estate shakedown

Riverside on the James, Richmond’s FBI Headquarters on Parham, a former Circuit City headquarters building. All three are among the local properties that have large commercial mortgages coming due in the next two years. Between now and the end of 2010, there are 27 CMBS loans coming due in the Richmond metropolitan area with $178.2… Read more »