Lance Armstrong dives into TX Commercial Property
Friday, October 30
Globe Street announced today that Lance Armstrong is forming a commercial real estate investing company focused on central Texas markets. He has $100M to play with.One of his partners, Lance Sallis, a 20-year real estate veteran, was previously managing director with Trammell Crow Co.’s Austin of...
The $5 Billion Commercial Property Fire Sale
Thursday, September 24
Today's Wall Street Journal reports on a government run auction of $5B in Commercial Property Loans seized from the failed Corus Bank. This is an all-or-none sale of the loans behind over 100 Commercial Development Projects including a number of failed Condo Projects in states like CA, NV and FL....