Vacancies Spell Fresh Trouble
Globe and Mail-
April 7, 2009
are going to see [more] vacant storefronts soon
and one wonders about rent rolls,” worried
a veteran bank watcher and president of Tavakoli
Structured Finance Inc. in Chicago.
Like much of the rest of the country, Ms. Tavakoli said Chicago's
retail landscape looks grim for lenders.
And many banks, she suggested, are still too optimistic that
this will all turn around soon.
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Tavakoli is the president of Tavakoli
Structured Finance, a Chicago-based firm that provides consulting
and institutional investors. Ms. Tavakoli has more than
20 years of experience in senior investment banking positions,
structuring and marketing structured financial products.
She is a former adjunct professor of derivatives at the University
of Chicago's Graduate School of Business. She is the author
Derivatives & Synthetic Structures (John
Wiley & Sons,
1998, 2001), Structured
Finance & Collateralized Debt
Obligations (John Wiley & Sons,
Mr. Buffett: What An Investor Learns 1,269 Miles From Wall
Street (John Wiley & Sons
of Tavakoli Structured Finance
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