The office investment market is at a crossroads. Read more…
investors
Commercial Mogal Sees Little Development – But Higher Values
Chicago’s Sam Zell expects little U.S. commercial real estate construction over the next few years except for apartment buildings, a hiatus that would restrict supply and boost the value of existing properties. Read more of what Zell shared with investors at an executive forum in New York last Tuesday. Read more...
Q3 2010 PricewaterhouseCoopers Survey Findings
With commercial real estate fundamentals still ailing from the recession and lacking clear signs of near-term improvement, investors remain focused on core assets and proven markets, according to the third quarter 2010 findings of PricewaterhouseCoopers’ Korpacz Real Estate Investor Survey®. The report highlights an improved lending environment with strong appetites from both debt and equity capital for quality real estate assets, with some surveyed investors noting a surprise at the speed at which debt availability has rebounded over the past year. Read more…
Commercial Loan Losses – Large but Bearable
Bearable — assuming banks will book the losses over time and offset them with earnings from healthier loans. But that convenient scenario may not play out for all banks, leaving investors potentially exposed to shock hits from commercial real-estate exposure. It will pay to sift through banks’ first-quarter earnings, which started to come out last week, for signs commercial real estate could yet cause unexpected pain. Read more…