(This) will provide us with a valuable platform for future investments in the office sector. |
Defaults occur at least three times as readily -- in some instances, four times as readily -- on (such) loans, |
For us, new build is not our thing. It will never be a core feature of what we do. |
I think it's getting a lot harder. |
In Los Angeles, the price has gone from $60,000 a room to $100,000 -- if you can find a site. |
It is the powerhouse in the adjustable-rate lending business in the United States. They'll make one out of every eight adjustable-rate mortgages in the entire country. |
much faster growth rate than the number one company. |
The capital markets have exploded in terms of size and willingness to take on risk ... it puts an underlying floor on value. |
The company represents one of the premier collections of people and properties in the country and will provide us with a valuable platform for future investments in the office sector. |