commercial real estate Archives - the patient investor

December 29, 2011

Emerging Trends in Real Estate 2012 – CRE Console Blog

For 2012, U.S. real estate players must resign themselves to a slowing, grind-it-out recovery following a period of mostly sporadic growth, confined largely to “wealth island” real estate markets—the primary 24-hour gateways located along global pathways.

via Emerging Trends in Real Estate 2012 – CRE Console Blog.

NCREIF Cap Rate to 10-Year Treasury Yields

Comment: ~ Commercial real estate yields are following Treasury yields lower. This may present short/medium-term capital gains but long-term pain when Treasury yields revert to their normal range.

November 8, 2011

Moody’s/REAL CPPI up 2.4 percent in August – CRE Console Blog

Moody’s/REAL Commercial Property Price Index (CPPI) rose 2.4 percent during the month of August and is now 15.3% above its April 2011 lows.

From the Moody’s report:

The share of distressed transactions included within this month’s CPPI was 21.7%, down 5.9% from last month and the lowest level since January 2010. Prices for distressed transactions were down by 3.5% from the last month and are 6.9% above their post peak low set in August 2010. The reduced share of distressed transactions helped drive this month’s overall price increase.

via Moody’s/REAL CPPI up 2.4 percent in August – CRE Console Blog.