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Cracks Emerging in Commercial Real Estate Market

2016-03-05 11:07:21| Real Estate - Topix.net

The market for commercial mortgage bonds has weakened significantly since the beginning of the year, raising questions about the ability of borrowers in certain parts of the country to refinance billions of dollars of maturing loans on office buildings, hotels and shopping centers. While securitization accounts for between 20% and 25% of all commercial real estate lending, or roughly $100 billion a year, properties in secondary and tertiary markets are largely dependent on it for financing.

Tags: real estate market commercial

China cracks down on illegal GM crops ahead of Syngenta deal

2016-02-05 13:05:18| Chemicals - Topix.net

Chinese officials have issued warnings to seed dealers and farmers not to use unapproved genetically modified seeds in the country's main crop belt, shortly after Greenpeace said it had found widespread GM contamination in corn. The unprecedented action by rural authorities in the past two weeks also comes as state-owned ChemChina agreed a $43 billion deal for seed and agrichemicals giant Syngenta AG , a move seen as bringing leading technology and know-how to China's fragmented seed industry as it grapples with a divisive GM policy.

Tags: china deal ahead illegal

Brandon Peterson does a chip repair on a windsheild at Cracks & Racks

2016-01-18 14:11:24| Airlines - Topix.net

Herb Kelleher, founder of Southwest Airlines, drafted his company's business model on a cocktail napkin in a San Antonio restaurant. Snowmass Village resident Scott Vold had a similar experience at the now-defunct Bentley's at the Wheeler.

Tags: repair chip peterson brandon