Affordable Housing Institute : US

 
 
Scarcely had I finished writing my recent followup post about Blackstone’s tender offer for Equity Office than a rival suitor had leapt into the fray.  As the New York Times reports:
 
With the unprecedented amount of cash sloshing around in private equity’s pockets, it may have been inevitable, but the gloves have come off in buyouts.  […]

When it comes to mobile homes, it’s not just what town you live in, it’s which state. 
 Previous posts have explored how, depending on their ownership of the underlying land, oceanfront mobile homes can be:
 
·         Faced with rezoning as a means of circumventing mobile home laws (Paradise Park, Highlands, New Jersey)
·         Presented with the opportunity […]

 Scarcely had Equity Office Properties announced its proposed private buyout by a Blackstone entity, which as I posted is itself a remarkable event, than Wall Street has begun buzzing about the prospect of a competing suitor for the fair maiden’s hand. 
 

What is my hand worth?
 
As reported in the Wall Street Journal (subscription required):
 
Expectations were […]

[Continued from Part 1 and Part 2.]

Part 3: What the report doesn’t say

In what it covers, the report does a fine job, but by its grandiose title, one might be forgiven for thinking it complete and balanced. In fact, it is neither, and although these omissions by no means invalidate its utility, […]

[Continued from yesterday’s Part 1.]

Part 2: The US securitization model emerges
 

Yesterday’s post covered the early part of HUD PD&R’s report on the Evolution of the US Housing Finance System and got us up to the Panic of 1893.
 

Do we look like we’re panicking?

As I’ve written before, catastrophe precedes reform, a […]