Recent Articles

• Forecast: Commercial Property Transactions on Course to Reach a Ten-Year High by 2016

  April 2, 2014

  A new survey by the Urban Land Institute and EY forecasts that activity in the commercial sector will soon reach levels not seen since 2006. The housing sector is also expected to continue its rebound, albeit at a somewhat slower pace than previously predicted.

• Monday’s Numbers: March 31, 2014

  March 31, 2014

  Maturing loans are back. Published reports from sources including conventional and securitized commercial mortgage lenders, commercial bankers, and investment bankers show that the real estate industry will continue to be challenged by the amount of loans maturing from 2014 to 2017.

• Previewing the ULI/EY Real Estate Consensus Forecast

  March 28, 2014

  Next week, ULI will release the ULI/EY Real Estate Consensus Forecast, a semiannual report based on a survey of 39 of the nation’s leading real estate economists and analysts. The report looks at several broad benchmarks including gross domestic product and the unemployment rate, but also indices specific to the real estate industry.

• Monday’s Numbers: March 24, 2014

  March 24, 2014

  The Trepp survey for the period ending March 14, 2014, showed spreads unchanged across all product categories, with the implied ten-year rate for properties with 50 percent to 59 percent loan-to-value ratios remaining in the 4.25 percent range.

• Investor Overview: Lessons from a Job Where Money Is Not the Goal

  Robert Lieber, executive managing director of C-III Capital Partners, reflects on service in the New York City mayor’s office and 23 years at Lehman Brothers.

• Monday’s Numbers: March 17, 2014

  March 17, 2014

  Happy St. Patrick’s Day. One reaction to last week’s posting: an experienced commercial banker based on the East Coast echoed our concerns regarding current investment activities and underwriting practices, saying spread compression is happening at an alarming pace and risk is being underpriced.