REal Talk with Adam Perrotta-Thursday

By Adam Perrotta

--With all the talk of late about the financial slowdown and credit freeze, the past couple of days have seen a surprising amount of projects getting major financing. Just today and yesterday have seen Bozzuto getting a $75 million construction financing deal for a Baltimore mixed-use project, ING Clarion securing $90.5 million in refinancing for an industrial portfolio, Republic Properties landing a $212 million bridge loan secured by a Washington, D.C., office, and Maguire Properties getting $100 million for a Downtown L.A. office.

It is not clear at this point if its simply a coincidence that all of these deals have occurred in just the past few days, or if money is freeing up due to the expected passing of some form of governmental assistance--be it the current bailout proposal or some other form of intervention. It could also be that borrowers are taking what they can get now and attempting to get their hands on whatever financing possible before things get even worse.