The rise and fall of Vijay Mallya: are India's boom times ending?

The rise and fall of Vijay Mallya: are India's boom times ending?
For Mallya, the self-crowned "king of excellent times", has fallen on hard times. … Much of this new money was concentrated in the "super rich" – one recent study found that billionaires' wealth comprised less than 1% of national income in India in 1996 …
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How to Prepare For the Next Recession
Sometimes those with money to lend or invest get frightened and shift assets into the safest possible places. Then banks tighten credit, non-bank lenders cannot get funds to re-lend, and Main Street businesses suffer. That's possible, but I reckon we'll …
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4 More Years Of What? The Past As Prologue
This is excellent for the world long-term, but it is hard for Americans to compete in this environment, and it depresses American incomes. This is not a small-term problem. It has been with us for most of the last two decades, and it … That will reduce …
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Low vacancy rates driving multi-family financing boom

Low vacancy rates driving multi-family financing boom
A growing amount of money is flowing to finance the buy of existing apartment complexes in Orlando, which ultimately is benefiting area lenders, real estate brokers, contractors and suppliers. Loans to buy or refinance existing Orlando multi …
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Banks urged to disburse money to rescue property market
Though the real estate prices have dropped by 30-40 percent, apartments still have been left unsold, because both buyers and real estate developers still cannot access bank loans. Banks have announced the programs to fund individuals' plans to buy …
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Irish Homes Drawing Buyers After Market Crash: Mortgages
“It's the first time I've bought in Ireland,” said Neil Cotter, a 47-year-ancient accountant based in Gibraltar who bought three apartments in Dublin last month at a sale of distressed real estate. “I just had a look at all the markets in Europe and it …
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Frankfurt Turns Offices to Homes as Excesses Lift Vacancy
“Some older buildings are so expensive to turn into apartments that banks are not playing along,” he said. “There are lots of buildings that have potential, but because of financing difficulties they just stand empty.” The concerns are sometimes …
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Ugly No Barrier for Apartment Sales in German Boom: Mortgages

Hideous No Barrier for Apartment Sales in German Boom: Mortgages
Buyers of large residential holdings should have plenty of choice as investors including private-equity firms sell nearly 100,000 apartments this year to repay debt taken on before the market peaked in 2008. Loans for the deals were typically packaged …
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Commercial and Multifamily Mortgage Delinquency Rates Continue to Decline
During the second quarter of 2012, the 60-plus day delinquency rate for commercial and multifamily mortgages held in life company portfolios increased 0.01 percentage points to 0.15 percent. The 60-plus day delinquency rate for multifamily loans held …
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Slowing Job Creation, Tight Lending Hampers US Commercial Market Recovery
"The difficulty small businesses have in getting commercial real estate loans for leasing or buy is keeping a lid on demand," Yun clarified. "Multifamily is the only commercial sector with a notable growth in new space, with some lending provided …
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