Coverart for item
The Resource The trouble with lenders : subtleties in the debt Financing of commercial real estate, Craig Furfine

The trouble with lenders : subtleties in the debt Financing of commercial real estate, Craig Furfine

Label
The trouble with lenders : subtleties in the debt Financing of commercial real estate
Title
The trouble with lenders
Title remainder
subtleties in the debt Financing of commercial real estate
Statement of responsibility
Craig Furfine
Creator
Author
Subject
Language
eng
Summary
With interest rates near all-time lows in late 2015, Stanley Cirano knew it was an opportune time to consider the financing on his portfolio of commercial real estate. Cirano Properties was the general partner on three separate private equity investments of retail shopping centers in suburban Chicago. The first, Brookline Road Shopping Center, had been acquired in 2006 and had been managed through the financial crisis and real estate downturn. The property was performing well and Cirano wondered whether it made sense to refinance or sell. The second property, Columbus Festival Plaza, had been acquired in a 2010 bankruptcy auction. Although the property had needed a good amount of capital improvements, Cirano was proud of the growth in net operating income he had been able to generate. The final property, Deerwood Acres, had been developed by Cirano himself after acquiring the property in 2013 from the previous owner, who had been operating a go-cart track and drive-in theater on the land. Cirano expected great things from the property, though his lease-up had been slower than anticipated.Although the three properties had different levels of performance and presented different management issues, they all shared the fact that they were all significantly financed, in part, with debt. As the properties were acquired at different times, Cirano had simply selected what seemed like reasonable financing at the time. With his concern that interest rates would soon be rising, Cirano thought it made sense to take a holistic view of his portfolio, consider what debt options were available to him, and make a sound strategic decision on the financing of all his assets at the same time
Member of
Cataloging source
CaToSAGE
http://library.link/vocab/creatorName
Furfine, Craig
Dewey number
332.6324
Index
no index present
LC call number
HD1393.55
LC item number
.F87 2016
Literary form
non fiction
Nature of contents
dictionaries
Series statement
SAGE Knowledge. Cases
http://library.link/vocab/subjectName
  • Cirano, Stanley
  • Commercial real estate
  • Real estate investment
  • Cirano Properties
  • Brookline Road Shopping Center
  • Columbus Festival Plaza
  • Deerwood Acres
Target audience
specialized
Label
The trouble with lenders : subtleties in the debt Financing of commercial real estate, Craig Furfine
Instantiates
Publication
Note
  • Originally published in Furfine, C. (2016). The trouble with lenders: Subtleties in the debt financing of commercial real estate. 5-315-507. Evanston, IL: Kellogg School of Management at Northwestern University
  • 2Teacher Notes for Sage Business Cases are available for academic staff. Contact the Liaison Librarian for Business and Management for details3
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
SAGE000003811
Extent
1 online resource.
Form of item
online
Isbn
9781526430724
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
Label
The trouble with lenders : subtleties in the debt Financing of commercial real estate, Craig Furfine
Publication
Note
  • Originally published in Furfine, C. (2016). The trouble with lenders: Subtleties in the debt financing of commercial real estate. 5-315-507. Evanston, IL: Kellogg School of Management at Northwestern University
  • 2Teacher Notes for Sage Business Cases are available for academic staff. Contact the Liaison Librarian for Business and Management for details3
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
SAGE000003811
Extent
1 online resource.
Form of item
online
Isbn
9781526430724
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote

Library Locations

Processing Feedback ...