Development Magazine Summer 2013


various images of money

2013 Guide to Capital Connections 

Looking for Capital? Capital Connections - the NAIOP guide to financing lists dozens of firms around the country.

Globe and line graph

Foreign Investment in U.S. Real Estate: Gateway Markets Still on Top 

To foreign investors, commercial real estate in the U.S. looks like “the cleanest shirt in the dirty clothes pile,” as one such investor told Jim Fetgatter, chief executive of the Association of Foreign Investors in Real Estate at a recent investment conference. That should not have come as a surprise, considering that AFIRE’s annual survey among its 200 members showed that four of the five cities selected as the top global cities for investment dollars are in the U.S.

From the Archives: Finance Articles from the Previous Issue

two men shaking hands

Getting Loans Where Everybody Knows Your Name 

Defined by the Federal Reserve Board as institutions with $10 billion or less in total assets, community banks can be a potent source of financing because of their local roots and knowledge, flexibility and commitment to their communities.

K Street, Washington, D.C.

Reducing Development Agreement Risks in Municipal Bankruptcies 

As part of a bankruptcy, a city can assume or reject “executory contracts” — contracts under which material performance obligations remain such that a breach by a party would entitle the other party to terminate. However, if an executory contract is rejected by a city, the developer has no ability to enforce its terms and conditions.