(Read more on the debt and equity markets andthe multifamilymarket .)
NEW YORK CITY-Real estate investment bank Carlton AdvisoryServices Inc. has been retained by several Wall Street investmentand commercial banks to assist them with the marketing and sale ofmore than $1 billion in troubled real estate loans. The loans areprimarily a combination of failed condominium and developmentprojects in the Southeast, sub-performing subprime residentialmortgages and small balance commercial mortgages spread throughoutthe country.
Carlton has previously sold in excess of $7 billion in wholeloans for various institutions. This business has picked uptremendously in recent months, according to Thomas McCarthy,managing director at Carlton, who tells GlobeSt.com that thecurrent market climate helps Carlton at this time. "We get peopleliquidity for their assets," he adds.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
