Tag archives for Chinese Real Estate

S&P Predicts Credit Problems for Chinese Developers

As weakening sales force Chinese developers to cut prices and turn to costlier funding sources, these same developers face an “increasingly severe credit outlook,” warned Standard & Poor analysts this week. In fact, many developers are nearing a serious “liquidity squeeze” that might allow most to absorb the projected 10 percent drop in sales next year, but that probably will Read full article »

China Punishes State Banks for Over-Lending

The central bank of China just effectively fined state banks $3 billion by forcing them to purchase packages of the central bank’s bills. Commercial Bank of China, China Construction Bank and the Agricultural Bank of China were among those compelled to make the purchases. Analysts say that the move was punishment for lending “too much money in August” and a Read full article »

Chinese Real Estate Tycoon Sinks $2 Million Dollars in Iceland

A Beijing-based investment group is about to buy some very unique land. In fact, the Zhong Kun Group is buying a 300-square-kilometer tract of land in Iceland that sports “unique landscape, glacial rivers and world-renowned hot springs”. The group expects to recoup its investment – and then some – by building a high-end resort in the area. The group is Read full article »

BEREL Sunday International Investing Edition

Wells Fargo Turns to Ireland for Loan Portfolios In a $1.4 billion deal, Wells Fargo has won the Bank of Ireland’s U.S. commercial-real-estate loan portfolio as the Irish bank attempts to deleverage its assets. The portfolio consists of 25 loans sold at close to face value and backed primarily by properties in New York, Boston and Washington. The Bank of Ireland Read full article »

BEREL Sunday International Investing Edition: Chinese Government Tightens Credit Access Further

In an effort to “take some of the air out of property bubble,” the Chinese government will be tightening access to credit in the coming months. The real estate and development industries in China are likely to suffer in the process as well as the wider economy in the region. Chinese banks have been extremely limited in the volume Read full article »

The Politics of Real Estate

Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.

Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.

About Bryan Ellis

Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.

Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.

Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.