11 | 04 | 2009 GMAC Financial Services 3Q loss narrows Associated Press “Until they remedy the ResCap area, stop the bleeding there, they are going to have challenges,” said Steve Hagenbuckle, managing principal at TerraCap Partners, a private-equity fund … Read More
10 | 27 | 2009 Warding off defaults a priority for commercial sector The Real Deal Steve Hagenbuckle, founder and managing principal of TerraCap Partners, a real estate private equity fund based in Cape Coral, said banks should do everything … Read More
10 | 15 | 2009 Goldman Sachs profit tops $3B on strong trading Associated Press Goldman’s image as one of the top players on Wall Street has helped it attract more business throughout the downturn, said Stephen Hagenbuckle, a managing … Read More
09 | 30 | 2009 Stocks Tumble on Drop in Manufacturing Activity Associated Press Steve Hagenbuckle, managing principal for TerraCap Partners in New York, expects that corporate earnings will likely exceed expectations again in the third quarter and help boost … Read More
09 | 25 | 2009 KB Home 3Q Loss Narrows; Shares Tumble The Wall Street Journal Housing gross margin improved to 11.1% in the third quarter, from 3.9% a year earlier, a sign of increased efficiency. “That’s key,” said Steve … Read More
09 | 18 | 2009 Commercial Market Seeks New Lending Path The Real Deal Steve Hagenbuckle, founder and managing principal of TerraCap Partners, a real estate private equity fund based in Cape Coral, doesn’t foresee any new instruments coming down … Read More
9 | 15| 2009 US Home Starts in August Seen Up at 600,000 Reuters Inventories of existing homes and new construction will be at all-time lows, Hagenbuckle said. “Basically we are looking at a shortage of housing in the United … Read More
9 | 04 | 2009 Hovnanian: Done with Fort Myers? The Wall Street Journal Sales are picking up dramatically cutting inventory, as investors and first-time buyers take advantage of the lower prices, Mr. Hagenbuckle pointed out. click for full article
9 | 03 | 2009 Hovnanian Turns In a Narrower Loss The Wall Street Journal The Red Bank, N.J., home builder has been harder hit than many of its public peers by the worst housing downturn in generations. “They have … Read More
8 | 25 | 2009 Builder Stocks Gain On Case-Shiller Data Dow Jones All housing recovery fundamentals are now aligned,” said Steve Hagenbuckle, managing principal of TerraCap Partners, a Florida-based distressed real-estate private equity fund. “Now it’s just a matter … Read More
8 | 07 | 2009 Wall St Week Ahead: Stocks’ rally hinges on consumers and Fed Reuters All the fundamentals for recovery are now aligned,” said Steve Hagenbuckle, managing principal of TerraCap Partners, based in New York. click for full … Read More
7 | 29 | 2009 U.S. housing turning corner but consumer mood darkens. New York Times / Reuters The pressures are all working in alignment to support that we’re at the turning point” in the worst housing market since the … Read More
7 | 09 | 2009 US stock market awaits signs of revenue growth. MarketWatch Expectations for an eighth consecutive quarter of declining profits has been out there for a while, and we’ve seen the (market) response already built in, in … Read More
7 | 02 | 2009 Phantom Homes Forbes.com Steven Hagenbuckle, managing principal at TerraCap Partners, a distressed real estate private equity fund, expects to see the beginning of the release of the phantom inventory in the next 90 to 180 … Read More