Historically, experts and politicians have seen buyouts
as essential to disaster recovery, a means to avoid repeated flooding and to take chronically flooded homes and transform those lots into open space to improve drainage.
Metro Tenant Advisors (MTA) will negotiate on behalf of rent regulated tenants, occupants in foreclosure and commercial tenants to achieve the highest and best terms on a buyout
Despite the obvious need and high demand, Harris County is plagued by challenges endemic to buyout
programs: limited funds, competing priorities, strict criteria that place buyouts
out of reach of willing participants, and the snail's pace of bureaucracy, which puts homeowners in limbo while creating opportunities for private developers to buy and flip flooded homes, perpetuating the problem.
For a breakdown of the buyout
types in the final sample, Panel A of Table 2 divides the buyouts
to public-to-private (Public) and private-to-private (Private) deals.
The analysis showed that buyout
investments exhibit increased returns versus the comparative stock markets following economic downturns.
None the less, management buyouts
executed at a time when markets are depressed have a greater chance of selling into more buoyant markets - assuming they've achieved operational and strategic improvements during the buyout
period - at a larger multiple of annual profits.
The LIMRA data shows first-quarter buyouts
in 2016 increased 21% over those in first quarter 2015, "noteworthy because buyout
sales are typically low in the first quarter and increase slightly in the second and third quarters.
Mercer's analysis also shows that the UK market in pension buy-ins and buyouts
continues to show resilience to market volatility with the number of transactions holding steady at broadly 150 to 200 in each of the past six years.
"Global private equity-backed buyout
deal activity slowed noticeably in the first quarter of 2016, especially when compared to the record aggregate values seen in 2015," Preqin's head of private equity products, Christopher Elvin, said in a statement.
Finally, to determine whether our results are also valid for non-US buyouts
, we presented our results to representatives of two major European buyout
were negotiated with two of the smaller of Lane County's seven unions representing 186 workers, and also will be offered to 227 nonunion employees.