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"This is our High Line," Josh Glick, the asset manager for Equity Office, said hopefully.
"There's no real reason to wait unless you don't qualify" with current income, said Matt Hackett, the underwriting manager for Equity Now, a direct mortgage lender in New York City.
Matthew Hackett, underwriting manager for Equity Now, a Manhattan mortgage lender, said buyers who need "jumbo" loans -- those above $417,000 -- must typically have enough savings after the purchase to carry them through at least six months of mortgage payments.
In particular, he needed a smart manager for equity schemes.
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"We had seen very weak performance for the fund over every major time horizon," David Wertheim, the bank's project manager for equities, told Bloomberg News.
For instance, Sumitomo Mitsui Bank, which is trying to get a trio of troubled builders to merge, is expected to sweeten the deal by offering more financial aid".For bank managers, debt-for-equity swaps are a magic wand"Worse, banks have hit on a formula for turning bad debts into shares and hiding them in their equity portfolios.
"For bank managers, debt-for-equity swaps are a magic wand," says Hironari Nozaki of HSBC Securities.Weak construction companies that have already had chunks of their debt waived in the past are likely to be the biggest beneficiaries of debt-for-equity swaps.
"The expectations for a rate hike have been pushed further and further back," said Britta Weidenbach, senior fund manager for European equities at DWS, the fund management arm of Deutsche Bank in Frankfurt.
But in the late 1990s he began dating Catherine Chin, a property manager for Metrovest Equities, a Manhattan real estate company that was looking to build in Jersey City.
The Dow and the Nasdaq have neared the upper end of recent trading ranges, said Francis Gannon, senior portfolio manager for United States equities at SunAmerica Asset Management.
Asked about the best performing asset class in 2015, 63% of managers opt for equities, 22% for currencies and commodities, 5% for government bonds and just 4% for corporate bonds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com