The Trepp survey for the week ending August 15, 2014, showed average spreads coming in an average of 2 basis points. The implied rate for ten-year, modestly leveraged commercial real estate mortgages decreased to 373 basis points on the back of a 10-basis-point decrease in ten-year Treasuries.Read More
The Trepp survey for the week ending August 8, 2014, showed average spreads continuing to widen. The implied rate for ten-year, modestly leveraged commercial real estate mortgages increased to 3.85 percent, down 79 basis points this year.Read More
The conventional wisdom is that the Fed will allow interest rates to begin to increase later in the year. If that’s the case, why are ten-year U.S. Treasuries declining, reaching an intraday low of 2.35 percent, a rate not seen since last June?Read More
The Trepp survey for the week ending July 25 showed average spreads declining 2 basis points on what seems to be their inexorable path to zero.Read More
A recent article described how yield-starved investors are turning their attention and buying power to riskier and riskier investments. And companies are taking full advantage, issuing more than $350 billion of bonds year-to-date, on pace to exceed last year’s record $447 billion of issuance.
Investors from China, Hong Kong, South Korea, Malaysia, and Singapore are leading a transformational change in European property markets that will have as much impact as the high-tech revolution, a group of experts said at the ULI Real Estate Trends Conference in London.
The Trepp survey for the week ending July 11, 2014, showed spreads widening +/–2 basis points as the financial markets tried to process the twin geopolitical upheavals that grabbed everyone’s attention last week.
The Real Estate Research Corporation has released its buy/sell/hold recommendations for the first and second quarters of 2014 based on an investor attitude survey, with significant movement at the property-sector level.
This may come as a surprise, but the largest private equity investor over the past five years is the Canadian Pension Plan Investment Board (CPPIB). According to a study conducted by Private Equity International, CPPIB has allocated 18 percent—or $26.2 billion—of its investable funds to private equity since 2009.
The Trepp survey for the week ending June 20, 2014, continued the trend of spreads implying ten-year commercial real estate mortgage rates for institutional properties at +/–4 percent.