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• Mark to Market Meets Lennar's Play for LandSource

  Can't really say I was surprised to read in the WSJ this morning about Lennar's play to pick up its some of its former assets that are now hung up in the LandSource bankruptcy case . Not only has Michael Corkery been on Lennar and its moves like Read More... Posted Friday, March 20, 2009 4:16 PM by syaussi | 0 Comments Filed under: Lennar, LandSource, fair value, mark to market, FASB

• This Land Is My Land... Or Is It Your Land? Two portfolio deals to watch and why

  "Buy land, they're not making it anymore." --Mark Twain So, I've been thinking about the feature story that I'm working on that's about what's happening with land these days. With the tax carry back-motivated deals pretty Read More... Posted Friday, January 30, 2009 4:57 PM by syaussi | 0 Comments Filed under: Lehman, SunCal, LandSource, distressed real estate, land values