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Top-Heavy Recovery

  The recovery in commercial real estate prices continued to gain momentum in 2012. According to the CoStar Commercial Repeat Sale Indices, commercial real estate transaction volume reached a high of nearly $64 billion in 2012. These indices, which are based on more than 100,000 repeat sales since 1996, show a 22 percent jump in dollar volume from 2011 and the highest annual total since 2004. The chart below shows that pricing has continued to make strong gains, as well. While pricing gains have been observed across the real estate spectrum, the difference in the two broadest measures of pricing…

Extrasensory Perception

New trends in security: video verification systems

Guest Column: CMBS Loans and the Special Servicer – Resolving Defaults

Mark Richardson offers advice on how CMBS borrowers can avoid the pitfalls of a note sale or foreclosure.

Starwood Details Strategy Behind LNR Acquisition

Starwood Property Trust and Starwood Capital Group’s announcement of the purchase of LNR Property for $1.05 billion was a huge transaction that involved a large variety of moving parts.

CMBS Delinquency Rate

Source: Standard & Poor’s

Net-Leased Drug Store Supply Experiences Dramatic Decline

By Randy Blankstein, President, The Boulder Group: A limited supply of properties continues to be the major issue throughout the net-leased drug store sector.

Repeat of ’06-’07 LBO Wave Unlikely for Equity REITs Post-Dell

By Britton Costa, Associate Director, REITs, Fitch Ratings: Dell Inc.’s recently announced leveraged buyout spurred speculation as to what other sectors might see as an increase in LBO activity considering the low interest rate environment.