Tag Archives: banking

Bookies, Banks and Fiduciaries

A bookie is an arbitrager. He has no skin in the game; rather, he uses odds (the parallel in finance would be interest rates) to earn money on each bet that is placed (each financial transaction). The odds are always … Continue reading

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How to Consummate A Distressed Property Deal

A worthy anecdote from the front lines of distressed real estate deal making by Joshua Kahr at Kahr Real Estate. He discusses the importance of relationships and deal structure in a successful transaction: [...] if a deal could be structured … Continue reading

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