The days of Tom, Dick and Harry taking a shotgun in Dubai and shooting willy-nilly and renting a ballroom with big parties and all of it bearing fruit are over.
U.S. companies who think they can command the prices of a
bygone era from Middle East investors need to think again, says
Zabeel Investment’s executive chairman.
Plain vanilla, in the box, straight financings are the future, or at least near future, of real estate deals, says Marathon Asset Managing Director Scott Schwartz.
Scott Latham, one of the most powerful commerical real estate brokers in New York, says that Chinese investors are making approaches to buy Manhattan properties.
The FBI unveiled “Operation Malicious Mortgage” and charged more than 400 people of fraud.