No it isn’t some conference of sex coaching, it was a group of bankers (including Fannie Mae) and real estate investors who gathered this week in Miami for the IMN Distressed Real Estate Conference, and frankly, it was a little depressing.
The debate seemed to revolve around lender’s decisions to ‘extend loans and pretend that the […]
Category Archives: Fractional Ownership
The Extend & Pretend Conference: IMN Distressed Real Estate
February 27, 2010 – 3:16 pm
How was your weekend? Aspen
February 9, 2010 – 3:27 pm
3,848 weekends. If you live to be 74 years old (life expectancy), you will get 3,848 weekends. This would mean I have 1,716 left by this math.
Last weekend I made every hour count. I spent the weekend in Aspen after launching a unique and exclusive financing program for The Innsbruck fractional condo www.theinnsbruckaspen.com. What a […]
Own an Aspen Condo on $270 a day?
February 3, 2010 – 8:22 pm
Tomorrow I will be heading to Aspen, CO to launch a new Vacation Finance mortgage program for The Innsbruck fractional condos right on Main Street in downtown Aspen - a couple blocks from the gondola up Ajax Mountain.
Needless to say, I’m pretty excited. But being the finance geek that I am, my excitement has as […]
New Mortgage Modification Rules offer only HOPE…
November 30, 2009 – 6:58 pm
Impotence… Bulls, Banks, Beggars seek Loan Modifications.
HOPE, an inactive verb. HOPE is some you need in an absence of ACTION and RESULTS.
Tonight there are thousands of call center employees fielding phone calls from home owners. The home owners are begging for loan modifications, fully expecting that the new Obama Modification Regulations will save them money, […]
Last Year in Dubai
November 28, 2009 – 6:29 pm
Last year this week, I spent the day driving around the construction site called Dubai.
Riding around town with my friend there, our tour was interrupted by a cell phone call. My host had learned that Nakeel (one of the Emirate’s 2 development companies) was offering 90% of consumer buyer’s earnest money deposits in refund if […]
