CMBS Volume Falls Short of Predictions, But Delinquencies Fall Faster
April 28, 2014 — Commercial mortgage-backed securities (CMBS) issuance in the first quarter of 2014 shows a market easing off its record pace, but still on track for a very strong year. At the same time, delinquencies have fallen tremendously in the past year and particularly in the past few months, while some advisors are saying the strong investor yields of the past year may be behind us. With market indicators pointing in more than one direction, it will be interesting to see how CMBS volumes and yields play out over the next several months. What’s your prediction?
Who Moved My Capital Source? Adapting to Change in Real Estate Investment Advisory
April 21, 2014 — Real estate investment advisors are skilled at foreseeing and adapting to changing conditions in markets that can affect property yields. It remains to be seen how well firms will adapt to evolutionary change of another sort: Traditional capital sources are facing long-term decline, and the investor types picking up the slack have different ways of approaching the market. To thrive over the long term, investment managers must develop systems for serving new client types, without abandoning their still-active client base in the process.
After Olympics, What Happens to Sochi Structures?
March 4, 2014 — While the Winter Olympics were under way, media attention was focused more on the international competitions and less on development and site issues (such as security concerns and the not-quite-ready living quarters of some athletes). The Games are over and a perennial question has re-emerged: What becomes of the buildings and structures created for the Olympics, now that the athletes and spectators have gone home?
Real Estate Investment 2014: Balancing Prudence, Opportunity
January 28, 2014 — 2014 is likely to be a strong year for the commercial real estate debt and equity markets, in terms of deal volume and investor yields relative to many other asset classes. It may also be a pivotal year, when investors, lenders and underwriters reveal how well we have learned the lessons of the past.
How is the Mobile Economy Affecting Real Estate Investment?
October 2, 2013 — As Internet wi-fi and smartphone cellular coverage enables people to work, shop and communicate more easily from anywhere, what impact on commercial real estate can we see today, and what impact can we predict for the future?