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Public infrastructure has long been faced with difficulty in financing.
Comcast would have little difficulty in financing a deal.
At yields like these, the governments in Rome and Madrid will face great difficulty in financing themselves.
Four other companies submitted their second-round offers on Tuesday, although they expressed concerns about a softening economy and the difficulty in financing large real estate projects today.
The difficulty in financing the deal is just the latest wrinkle confronting Hicks, Muse, which has had much bad publicity in recent months over $1.3 billion in investments it made in six telecommunications companies last year and earlier this year.
But given the recent difficulty in financing new garages at Yankee Stadium, Related and some park trust executives say the partnership is being overly optimistic about the stability of that revenue source.
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The difficulties in financing that war pointed to the need for a better banking system and a sounder currency.
It said development would be curtailed due to both India and China already having more plants than needed, concerns over air pollution and difficulties in financing the plants.
Even though many international lenders are turning their backs on financing new coal projects in favour of gas and renewable energy, India should have few difficulties in financing dozens more new mines.
Pirelli Real Estate encountered no difficulties in financing Italy's then biggest urban regeneration scheme at the Bicocca site of a tyre and cables factory owned by its parent in the north of Milan.
Mr. McLennan said the difficulties in financing the project, however, could ease the strain on future efforts by providing a template for the added value of a living building.
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