Research Center
Growth Factor
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
Summer Slowdown
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
2013 Top Commercial Owners
Our observation is that successful owners are not just traders in and out of properties each time a cap rate adjustment occurs. Cycles come and go, but long-term ownership keeps you looking smarter year over year.
The Positive Effect of 2003
By Larry Kay In 2013, about 65 percent of the year’s maturities will be from the 2003 vintage year. We expect that the 2003 vintage-year maturities will benefit from loan amortization, property appreciation and the positive spread on 10-year Treasury rates, which averaged about 4 percent in 2003. As a result, the 2003-vintage maturities will have a much more dramatic effect on this year’s maturity and delinquency performance. With our expectation that 2013 should be a good year for loan maturity payoffs, it should also be positive for CMBS delinquencies, including the underlying property-type delinquency rates and amounts. Fundamentals in…
Summer Solutions
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
