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	<title>Real Estate Salvo</title>
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	<description>A written assault on the commercial real estate industry.</description>
	<lastBuildDate>Thu, 24 Sep 2009 06:43:17 +0000</lastBuildDate>
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		<title>Real Estate Salvo</title>
		<link>http://realestatesalvo.wordpress.com</link>
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		<item>
		<title>Why People Are Kidding Themselves When They Think They Will Raise $XXX Million For A Distressed Real Estate Fund</title>
		<link>http://realestatesalvo.wordpress.com/2009/09/24/why-people-are-kidding-themselves-when-they-think-they-will-raise-xxx-million-for-a-distressed-real-estate-fund/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/09/24/why-people-are-kidding-themselves-when-they-think-they-will-raise-xxx-million-for-a-distressed-real-estate-fund/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 06:37:36 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[Distressed Funds]]></category>
		<category><![CDATA[Reality]]></category>
		<category><![CDATA[CRE distress]]></category>
		<category><![CDATA[LBG Realty Advisors]]></category>

		<guid isPermaLink="false">http://realestatesalvo.com/?p=40</guid>
		<description><![CDATA[This is a public service announcement to all those people out there that think they are going to raise $50 million, $100 million, $250 million , etc. from investors for a distressed real estate fund.  My previous post on LBG Realty Advisors is quite applicable to this article although LBG Realty Advisors has a whole [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=40&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://realestatesalvo.wordpress.com/2009/09/24/why-people-are-kidding-themselves-when-they-think-they-will-raise-xxx-million-for-a-distressed-real-estate-fund/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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			<media:title type="html">Fortunecover</media:title>
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		<item>
		<title>Muammar Qaddafi or Distressed CRE Investor?</title>
		<link>http://realestatesalvo.wordpress.com/2009/09/23/muammar-qaddafi-or-distressed-cre-investor/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/09/23/muammar-qaddafi-or-distressed-cre-investor/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 17:41:17 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[CEOs]]></category>
		<category><![CDATA[CRE distress]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[Muammar Qaddafi]]></category>

		<guid isPermaLink="false">http://realestatesalvo.wordpress.com/2009/09/23/muammar-qaddafi-or-distressed-cre-investor/</guid>
		<description><![CDATA[Is it just me or does Libyan leader Muammar Qaddafi look like Carlos Santana after going a few rounds with Mike Tyson? He also could be mistaken for a few of the guys in commercial real estate.&#160; Most of them should be coming out from their bottom-feeding caves any day now as the CRE market [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=39&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://realestatesalvo.wordpress.com/2009/09/23/muammar-qaddafi-or-distressed-cre-investor/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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		<item>
		<title>Real Estate is Fucked</title>
		<link>http://realestatesalvo.wordpress.com/2009/08/27/real-estate-is-fucked/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/08/27/real-estate-is-fucked/#comments</comments>
		<pubDate>Thu, 27 Aug 2009 18:20:08 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[Reality]]></category>

		<guid isPermaLink="false">http://realestatesalvo.com/?p=36</guid>
		<description><![CDATA[Most don&#8217;t know it yet and those that do aren&#8217;t willing to say it.  Anyone who purchased overpriced real estate over the last several years is fucked.  Values have hardly begun their downward march.  We&#8217;ll have to see how well the PPIP program is received and if it is able to restart the trading of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=36&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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		<title>Another Broker Spending Her Time Well</title>
		<link>http://realestatesalvo.wordpress.com/2009/07/22/another-broker-spending-her-time-well/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/07/22/another-broker-spending-her-time-well/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 23:02:41 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[Dumb Brokers]]></category>
		<category><![CDATA[Dumb Buyers]]></category>
		<category><![CDATA[Reality]]></category>
		<category><![CDATA[commercial real estate]]></category>

		<guid isPermaLink="false">http://realestatesalvo.wordpress.com/2009/07/22/another-broker-spending-her-time-well/</guid>
		<description><![CDATA[All I can say about this one is $721.50 per square foot for a vacant building!&#160; That seems like it might be realistic.&#160; Wake up people.&#160; Buyers are not that stupid any more.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=34&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://realestatesalvo.wordpress.com/2009/07/22/another-broker-spending-her-time-well/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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		<item>
		<title>I&#8217;m Raising A Distressed Asset Fund</title>
		<link>http://realestatesalvo.wordpress.com/2009/07/22/im-raising-a-distressed-asset-fund/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/07/22/im-raising-a-distressed-asset-fund/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 06:44:06 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[Distressed Funds]]></category>
		<category><![CDATA[Dumb Buyers]]></category>
		<category><![CDATA[Allied Retail Partners]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[LBG Realty Advisors]]></category>

		<guid isPermaLink="false">http://realestatesalvo.wordpress.com/?p=21</guid>
		<description><![CDATA[Has anyone not heard someone say this in the last six months?  It seems that everyone in the commercial real estate industry is going to be running a distressed asset investment company/fund.  My best guess: 1 in 10 that claim they are doing this will actually do it.  Do all of these so-called fund managers [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=21&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://realestatesalvo.wordpress.com/2009/07/22/im-raising-a-distressed-asset-fund/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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		<item>
		<title>Another Stupid Seller and Broker Team Up</title>
		<link>http://realestatesalvo.wordpress.com/2009/07/22/5/</link>
		<comments>http://realestatesalvo.wordpress.com/2009/07/22/5/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 00:32:42 +0000</pubDate>
		<dc:creator>Tony Montana</dc:creator>
				<category><![CDATA[Dumb Brokers]]></category>
		<category><![CDATA[Dumb Sellers]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Orange County]]></category>
		<category><![CDATA[overpriced real estate]]></category>
		<category><![CDATA[vacant land]]></category>

		<guid isPermaLink="false">http://realestatesalvo.wordpress.com/2009/07/22/5/</guid>
		<description><![CDATA[What the hell are these guys thinking?  You have got to love someone trying to sell shitty land with shitty access for over $30 per square foot &#8211; for a 5.84 acrea lot!  Hello?  You can barely get $30 per square foot for a 30,000 square foot hard corner lot on a 75,000 car per [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestatesalvo.wordpress.com&amp;blog=8675308&amp;post=5&amp;subd=realestatesalvo&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://realestatesalvo.wordpress.com/2009/07/22/5/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Tony Montana</media:title>
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