Thursday, August 27, 2020

MORE UNCERTAIN > Commercial Mortgages .....


https://www.bloomberg.com/news/articles/2020-08-27
Markets

The Father Of CMBS Says Real Estate Valuation Is In ‘Uncharted Territory’

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.
There are some sectors of the real estate market, such as suburban residential housing, that are doing just fine throughout this crisis. However, other areas are facing true existential risk. The value of commercial real estate in big cities is extremely uncertain due to the combination of the virus itself, potential migration out of cities, and the fact that so many people can work from home. On this episode, we speak with Mosaic Real Estate Partners Managing Partner Ethan Penner, who has been described as the father of Commercial Mortgage-Backed Securities, on real estate market structure and what it means for the billions of dollars worth of assets that are on the line.






Markets

Stocks Drop and Bonds Advance Before Powell Speech: Markets Wrap

Follow the latest developments in global markets.

TRICKY TRANSFORMATION DOWNTOWN Resolution Re: "Eco Mesa" + INACTIVE EV Development LLC

DETAILS
DETAILS
DETAILS
DETAILS
See uploaded presentation by 'The 2 Jeffs' from last July - and the rushed timeline...Do they say WHO THE DEVELOPER is? 







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4 Take action on the following resolution:
20-0842
Approving the sale of land, and authorizing the City Manager to enter into a
Purchase and Sale Agreement,
Development Agreement and
Parking Easement with EV Development, LLC,
for the development of approximately 0.9± acres of property generally located at the southeast corner of Pepper Place and Robson. 
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Some history on this Project (according to the city of Mesa and Jeffrey Robbins, usually refered to as 'JR'. The developers were named Habitat Metro - now it is EV Development, LLC.
ARIZONA CORPORATE COMMISSION REGISTER
ENTITY INFORMATION
 
E. V. DEVELOPMENT, INC.
01411146
Domestic For-Profit (Business) Corporation
Inactive



SEARCH RESULTS
Entity IDEntity NameEntity TypeEntity CountyAgent NameAgent TypeEntity Status
01411146E. V. DEVELOPMENT, INC.Domestic For-Profit (Business) CorporationInactive
23121423ECO MESA, LLC (FN)Foreign LLCCAPITOL CORPORATE SERVICES, INC.Statutory AgentActive
23121423EV Development, LLCForeign LLCCAPITOL CORPORATE SERVICES, INC.Statutory AgentActive
L11487177EV DEVELOPMENT, LLCDomestic LLC
151 views

Jul 8, 2020
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More apartments coming to downtown Mesa | News | eastvalleytribune.com
The Agreements facilitate the redevelopment of the property into mixed-use project consisting of a seven-story building with ground floor commercial, market-rate residential units and a parking garage that will generate significant economic benefits to the City of Mesa.
(District 4)
*4-a
Printed on 8/25/2020
________________________________________________________________
ENTITY INFORMATION
 
ECO MESA, LLC (FN)
23121423
Foreign LLC
Active
8/20/2020
8/21/2020
8/21/2020
12/11/2018
Perpetual
Real Estate development
Delaware
CAPITOL CORPORATE SERVICES, INC.
Active 8/21/2020
8825 N 23RD AVE STE 100, PHOENIX, AZ 85021, USA
8/21/2020
8825 N 23RD AVE STE 100, PHOENIX, AZ 85021, USA
Maricopa


TitleNameAttentionAddressDate of Taking OfficeLast Updated
MemberRN QOF, LLC4455 E Camelback Rd, Ste D-145, PHOENIX, AZ, 85018, Maricopa County, USA8/20/20208/21/2020
MemberMarshall QOF, LLC844 N 4th Avenue, PHOENIX, AZ, 85003, Maricopa County, USA8/20/20208/21/2020
MemberHabitat Fenix, LLC844 N 4th Avenue, PHOENIX, AZ, 85003, Maricopa County, USA8/20/20208/21/2020
MemberCharles Carey4455 E Camelback Rd, Ste D-145, PHOENIX, AZ, 85018, Maricopa County, USA8/20/20208/21/2020
MemberJerel Campbell4455 E Camelback Rd, Ste D-145, PHOENIX, AZ, 85018, Maricopa County, USA8/20/20208/21/2020
  • Page 1 of 1, records 1 to 5 of 5

Past Micronova, New Impact Zone, Radio Galaxy | S0 News Aug.26.2020

NO VIEWS > Java with Giles- Sponsored by Friendly Auto


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Aug 26, 2020

College-Town Economies Brace for Covid Blow | WSJ

SHOCKWAVE 101
The coronavirus has pushed nearly half of U.S. colleges and universities into some degree of remote learning, a change that’s sending shock waves through small college town economies. WSJ’s Carlos Waters explains. More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM

80,693 views
Aug 25, 2020