<< Read Full Article
<< Read Full Article
Deutsche Bank (DB Quote) is reorganizing its global commercial real estate operations to focus on distressed investing opportunities in the U.S., U.K. and Hong Kong, according to business head Jon Vaccaro.
During the commercial real estate boom that ended roughly 18 months ago, Deutsche and other large investment banks focused chiefly on originating and distributing securitized loans in these markets, but that business has slowed to a trickle.
By contrast, "there will be numerous distressed investment opportunities," Vaccaro says. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet