Mezzanine and Equity Financing For Real Estate Deals:

Mezzanine and Equity Financing For Real Estate Deals:

Historically, foreign entities have been willing to invest in the U.S. real estate market either as the senior lender to the project or as an equity player. Recently, foreign investors have shown a greater willingness to also provide the mezzanine financing for U.S. real estate projects. This article discusses the business and legal differences and risks associated with this type of financing as compared with equity financing.

AFI #042 Walter Brooke as Mr. Mcguire from The Graduate (1967)

Mr. McGuire: I want to say one word to you. Just one word.
Benjamin: Yes, sir.
Mr. McGuire: Are you listening?
Benjamin: Yes, I am.
Mr. McGuire: Plastics.
Benjamin: Exactly how do you mean?
Mr. McGuire: There's a great future in plastics. Think about it. Will you think about it?

- Walter Brooke as Mr. Mcguire from The Graduate (1967)

The bolded line is ranked #42 in the American Film Institute's list of the top 100 movie quotations in American cinema.

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http://vanziggy.blog.me/50040490628

AFI #057 Michael Douglas as Gordon Gekko from Wall Street (1987)

Gordon Gekko: Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year. Now, I have spent the last two months analyzing what all these guys do, and I still can't figure it out. One thing I do know is that our paper company lost 110 million dollars last year, and I'll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents. The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated. In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.

- Michael Douglas as Gordon Gekko from Wall Street (1987)

The bolded line is ranked #57 in the American Film Institute's list of the top 100 movie quotations in American cinema.

Thomas Barrack Jr.

Thomas Barrack Jr.

THOMAS J. BARRACK JR. is the Founder, Chairman, and Chief Executive Officer of Colony Capital, LLC, and Colony Advisors, LLC. As such, he provides overall strategic and investment direction and leadership to the firm.

http://www.twst.com/interview/14942

Remarks by Governor Ben S. Bernanke

Remarks by Governor Ben S. Bernanke
Before the National Economists Club, Washington, D.C.
November 21, 2002

Deflation: Making Sure "It" Doesn't Happen Here

Since World War II, inflation--the apparently inexorable rise in the prices of goods and services--has been the bane of central bankers. Economists of various stripes have argued that inflation is the inevitable result of (pick your favorite) the abandonment of metallic monetary standards, a lack of fiscal discipline, shocks to the price of oil and other commodities, struggles over the distribution of income, excessive money creation, self-confirming inflation expectations, an "inflation bias" in the policies of central banks, and still others. Despite widespread "inflation pessimism," however, during the 1980s and 1990s most industrial-country central banks were able to cage, if not entirely tame, the inflation dragon. Although a number of factors converged to make this happy outcome possible, an essential element was the heightened understanding by central bankers and, equally as important, by political leaders and the public at large of the very high costs of allowing the economy to stray too far from price stability.

Company Overview of PCCP LLC

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4779971

Company Overview of PCCP LLC

Snapshot

Company Overview
PCCP LLC is a real estate investment firm. The firm was founded in 1998 and is based in San Francisco, California.

www.paccoastcapital.com

Mining in Chile

Mining in Chile

The mining sector in Chile is one of the pillars of Chilean economy and copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver, molybdenum, iron and coal.

Units of Measure in Mineral Commodity

Units of Measure in Mineral Commodity

1 carat (metric) (diamond) = 200 milligrams
1 flask (fl) = 76 pounds, avoirdupois
1 karat (gold) = one twenty-fourth part
1 kilogram (kg) = 2.2046 pounds, avoirdupois
1 long ton (lt) = 2,240 pounds, avoirdupois
1 long ton unit (ltu) = 1% of 1 long ton or 22.4 pounds avoirdupois
long calcined ton (lct) = excludes water of hydration
long dry ton (ldt) = excludes excess free moisture
1 Mcf = 1,000 cubic feet
1 metric ton (t) = 2,204.6 pounds, avoirdupois or 1,000 kilograms
1 metric ton (t) = 1.1023 short ton
1 metric ton unit (mtu) = 1% of 1 metric ton or 10 kilograms
metric dry ton (mdt) = excludes excess free moisture
1 pound (lb) = 453.6 grams
1 short ton (st) = 2,000 pounds, avoirdupois
1 short ton unit (stu) = 1% of 1 short ton or 20 pounds, avoirdupois
short dry ton (sdt) = excludes excess free moisture
1 troy ounce (tr oz) = 1.09714 avoirdupois ounces or 31.103 grams
1 troy pound = 12 troy ounces

Chuquicamata

Chuquicamata

Chuquicamata, or "Chuqui" as it is more familiarly known, is by excavated volume the biggest open pit copper mine in the world, located in the north of Chile, just outside of Calama, 215 km northeast of Antofagasta and 1,240 km north of the capital, Santiago. The mine is owned and operated by Codelco, a Chilean state enterprise, since the Chilean nationalization of copper in the late 1960s and early 1970s. Its depth of 850 metres (2,790 ft) makes it the second deepest open-pit mine in the world (after Bingham Canyon Mine in Utah, USA).