It's been a long while since I linked to articles worth reading. Here are three articles that I've read the past few days that are worth a quick read.
The first is a New York Times article on the 11,000-plus unit Stuyvesant Town - Peter Cooper Village in Manhattan. I have blogged about this property before, and it's sale from 2006 is still making news.
The second is from Morningstar.com and discusses business development companies (BDCs). The article is in the form of a Q&A and mainly relates to listed BDCs, but some of the quotes in the article pertain to all BDCs, whether listed or non-traded.
The final article is from the Wall Street Journal and talks about the non-bank banks that are financing real estate. I only see these firms gaining strength and capital in the coming years.
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