Most of our real estate exposure is institutional -acquisitions of office buildings -largely in major markets-- central business districts.

我们大多数不动产投资是机构性的,比如主要是在商业中心地区,大量收购写字楼

耶鲁公开课 - 金融市场课程节选

I'm not talking about investment banks in this lecture -I'm talking about commercial banks, which accept deposits from depositors.

这节课不讲投资银行,只讲商业银行,商业银行从储户那里吸收存款

耶鲁公开课 - 金融市场课程节选

So increasingly now, Africa, Middle East, all the way over to India and then to China, huge trade routes, huge investment routes.

趋势越来越明显，非洲，中东地区，一直往东到印度再到中国，一条巨大的商业渠道，巨大的投资线路。

普林斯顿公开课 - 国际座谈会课程节选

There are nobles around Toulouse who have invested in commercial agriculture.

在图卢兹投资商业化农业

耶鲁公开课 - 欧洲文明课程节选

In addition to commercial banks--well, I'm not going to talk about investment banks here; that's another lecture.

除了商业银行之外...,我不会在这里讨论投资银行,这是另一节课的知识

耶鲁公开课 - 金融市场课程节选

I'm going to start out by talking about commercial real estate and the kind of vehicles that we use to invest in commercial real estate.

接着我会讲一下商业地产,以及投资于商业地产的,一类金融机构

耶鲁公开课 - 金融市场课程节选

You don't see advertisements for participation in commercial real estate like this because the government would be on their backs if they did it.

你不会看到,投资商业地产DPP的广告,因为如果这样,政府会陷入困境

耶鲁公开课 - 金融市场课程节选

These DPPs go back a long time but there began to be complaints about them because people said, well why is it, because I'm not an accredited investor, I can't get into real estate like these other people do?

PP由来已久,但现在人们开始抱怨,他们说,我不是可信投资者,为什么仅凭此门槛,而不让我像别人一样投资商业地产呢

耶鲁公开课 - 金融市场课程节选

An SIV is a company of a sort that invests in assets and they issue something like asset-backed commercial paper, but it's not a real company because it only exists as an organization sponsored by some bank.

IV类似从事资产投资的公司,同时也发行类似资产担保商业票据的证券,但它不是一家真正的公司,因为它只是由某家银行建立的一个组织

耶鲁公开课 - 金融市场课程节选