Archive for the 'Scoreboard' Category
The Real Estate Capital Scoreboard® – March, 2010
Yazan: RECI | 02 March 2010 | No Comments
Categories: Scoreboard
Denial is now being replaced with Decision.
The Real Estate Capital Scoreboard® – February, 2010
Yazan: RECI | 01 February 2010 | No Comments
Categories: Scoreboard
Realty capital activity is extremely limited, but mild optimism is in the air.
The Real Estate Capital Scoreboard® – January 2010
Yazan: admin | 02 January 2010 | No Comments
Categories: Scoreboard
The markets are bouncing along the market bottom as values continue to slide, but at less dramatic levels.
The Real Estate Capital Scoreboard® – December 2009
Yazan: realtycapital | 01 December 2009 | No Comments
Categories: Scoreboard
Mark Hayton, an Advisory Board Member of the Real Estate Capital Institute notes, “Credit-tenant commercial properties remain financeable, although strict underwriting standards are necessary.”
The Real Estate Capital Scoreboard® – November 2009
Yazan: realtycapital | 02 November 2009 | No Comments
Categories: Scoreboard
The Great Recession has permanently altered consumer, investment, and governmental behavior.
The Real Estate Capital Scoreboard® – October 2009
Yazan: admin | 01 October 2009 | No Comments
Categories: Scoreboard
Valuation driven by lower-leverage debt pricing and higher equity yields offers the most effective methodology for understanding values in today’s illiquid markets.
The Real Estate Capital Scoreboard® – September 2009
Yazan: admin | 01 September 2009 | No Comments
Categories: Scoreboard
Defensive investment tactics are the norm rather than the exception until more trades occur and properties are marked-to-market based on current conditions
The Real Estate Capital Scoreboard® – August 2009
Yazan: realtycapital | 03 August 2009 | No Comments
Categories: Scoreboard
Many legacy owners are more concerned about losing income stream rather than capturing new opportunity plays.
The Real Estate Capital Scoreboard® – July 2009
Yazan: realtycapital | 01 July 2009 | No Comments
Categories: Scoreboard
Smaller properties below $25 million enjoy the most amount of acquisition activity. Larger projects still create issues for attracting optimum leverage and sufficient funding sources.
The Real Estate Capital Scoreboard® – June 2009
Yazan: realtycapital | 01 June 2009 | No Comments
Categories: Scoreboard
Sellers without a dire need to for immediate liquidity are taking a ‘wait and see’ position. Today’s indecision could lead to tomorrow’s panic to sell against upcoming CMBS and bank loan maturities without refinancing options
The Real Estate Capital Scoreboard® – May 2009
Yazan: realtycapital | 01 May 2009 | No Comments
Categories: Scoreboard
Lenders, borrowers, investors, tenants, developers and nearly everyone in the real estate industry is in a defensive mode.” He suggests, “As TARP/TALP funds trickle into the financial system and lenders mark down legacy assets to current metrics and sell those assets, more badly-needed liquidity will return to the industry and transaction activity will increase.
The Real Estate Capital Scoreboard® – April 2009
Yazan: realtycapital | 01 April 2009 | No Comments
Categories: Scoreboard
While declining rents, rising capitalization rates, and challenging economic and financial conditions make for black moods for real estate investors and developers, this is a good time to prepare for the return of prosperity.
The Real Estate Capital Scoreboard® – March 2009
Yazan: realtycapital | 02 March 2009 | No Comments
Categories: Scoreboard
Distressed deals will be the norm for most new acquisitions and investors will be overwhelmed with renegotiating overleveraged debt.
The Real Estate Capital Scoreboard® – February 2009
Yazan: realtycapital | 02 February 2009 | No Comments
Categories: Scoreboard
Buyers and sellers are still reluctant to transact, mostly due to stingy debt markets. However signs of improvement are emerging as buyers realize few opportunities for core properties are available.
The Real Estate Capital Scoreboard® – January 2009
Yazan: realtycapital | 02 January 2009 | No Comments
Categories: Scoreboard
2009 looks to be a year of refinancing and with limited acquisition activity. Distressed deals will be the norm for most new acquisitions and lenders will be overwhelmed with renegotiating overleveraged debt.
The Real Estate Capital Scoreboard® – December 2008
Yazan: realtycapital | 01 December 2008 | No Comments
Categories: Scoreboard
The Fed continues a monetary blitz of helping banks and other financial institutions return to the market to recreate more competition and liquidity.
The Real Estate Capital Scoreboard® – November 2008
Yazan: realtycapital | 01 November 2008 | No Comments
Categories: Scoreboard
Seven Percent – The New Mortgage Rate Benchmark for Income Properties…
The Real Estate Capital Scoreboard® – October 2008
Yazan: realtycapital | 01 October 2008 | No Comments
Categories: Scoreboard
Chicago, Illinois, October 1, 2008 – It’s a good news/bad news real estate capital marketplace. Mortgage markets are plagued by Wall Street market malaise and swooning prices, yet as far as commercial real estate debt is concerned, overall default rates and profit performance remain at historically favorable levels Funding sources and borrowers alike are very [...]
The Real Estate Capital Scoreboard® – September 2008
Yazan: realtycapital | 01 September 2008 | No Comments
Categories: Scoreboard
Low leverage begets low volume.
The Real Estate Capital Scoreboard® – August 2008
Yazan: realtycapital | 01 August 2008 | No Comments
Categories: Scoreboard
Buyers and sellers are still reluctant to transact, mostly due to stingy debt markets. However signs of improvement are emerging as buyers realize few opportunities for core properties are available.
The Real Estate Capital Scoreboard® – July 2008
Yazan: realtycapital | 02 July 2008 | No Comments
Categories: Scoreboard
All in all, rates are still very attractive by historical standards; however, more equity is required to capture financing.
The Real Estate Capital Scoreboard® – June 2008
Yazan: realtycapital | 02 June 2008 | No Comments
Categories: Scoreboard
Chicago, Illinois, June 2, 2008 – Despite unprecedented measures by The Federal Reserve, the credit crunch continues to spread from the housing sector to the commercial real estate sector. The volume of real estate transactions remains light and credit spreads have recently started to tighten while overall rates are rising — with a net effect of mortgage [...]
The Real Estate Capital Scoreboard® – May 2008
Yazan: realtycapital | 01 May 2008 | No Comments
Categories: Scoreboard
The most profitable and illiquid component of the real estate capital stack is mezzanine debt. In many cases, developers and property owners find it more attractive to lend mezzanine funds as opposed to directly purchasing properties.
The Real Estate Capital Scoreboard® – April 2008
Yazan: realtycapital | 01 April 2008 | No Comments
Categories: Scoreboard
The long-term solution for improving capital market malise is to educate and protect the demand side by encouraging moderation and safer practices.
The Real Estate Capital Scoreboard® – March 2008
Yazan: realtycapital | 03 March 2008 | No Comments
Categories: Scoreboard
Current CMBS pricing reflects a discount for any security that is in a ‘structure’ and is not reflective of the underlying real estate.
The Real Estate Capital Scoreboard® – February 2008
Yazan: realtycapital | 01 February 2008 | No Comments
Categories: Scoreboard
Reliability of buyer performance has emerged as a top priority creating opportunity for groups that follow through on purchases.
The Real Estate Capital Scoreboard® – January 2008
Yazan: realtycapital | 02 January 2008 | No Comments
Categories: Scoreboard
Securitized lenders are not currently quoting deals to win. They will lend, but only under their terms.
The Real Estate Capital Scoreboard® – December 2007
Yazan: realtycapital | 03 December 2007 | No Comments
Categories: Scoreboard
The re-found recognition and re-pricing of risk will in the long run be healthy for market participants.
The Real Estate Capital Scoreboard® – November 2007
Yazan: realtycapital | 01 November 2007 | No Comments
Categories: Scoreboard
The markets are back to ‘normal’ as defined about three years ago.
The Real Estate Capital Scoreboard® – October 2007
Yazan: realtycapital | 01 October 2007 | No Comments
Categories: Scoreboard
After more than a decade of borrower-friendly funding, lenders are gaining the upper hand in transaction negotiations.
The Real Estate Capital Scoreboard® – September 2007
Yazan: realtycapital | 04 September 2007 | No Comments
Categories: Scoreboard
During the last three years the CMBS markets completely dominated nearly all sectors of the capital markets and Wall Street’s malaise brings a more level playing field for [traditional] lenders.
The Real Estate Capital Scoreboard® – August 2007
Yazan: realtycapital | 01 August 2007 | No Comments
Categories: Scoreboard
Unless a property is in a very desirable market backed by high-quality cash flow, sellers should expect more challenging price negotiations than in recent years.
The Real Estate Capital Scoreboard® – July 2007
Yazan: realtycapital | 01 July 2007 | No Comments
Categories: Scoreboard
From a historical perspective, leverage availability and underwriting standards are more liberal than any time during the past few decades.
The Real Estate Capital Scoreboard® – June 2007
Yazan: realtycapital | 01 June 2007 | No Comments
Categories: Scoreboard
Rates are still attractive despite overall increases in spreads and treasuries. Lenders demonstrate vast creativity in funding all types of loans.
The Real Estate Capital Scoreboard® – May 2007
Yazan: realtycapital | 01 May 2007 | No Comments
Categories: Scoreboard
Realty capital markets are fraught with cash. Virtually any project backed by qualified sponsorship and sound economics is financeable.
The Real Estate Capital Scoreboard® – April 2007
Yazan: realtycapital | 02 April 2007 | No Comments
Categories: Scoreboard
Despite residential capital market woes, commercial real estate performance remains solid across the board.
The Real Estate Capital Scoreboard® – March 2007
Yazan: realtycapital | 01 March 2007 | No Comments
Categories: Scoreboard
Given the compression in cap rates is unlikely to continue, income growth will matter more for investors to achieve desired returns.
The Real Estate Capital Scoreboard® – February 2007
Yazan: realtycapital | 01 February 2007 | No Comments
Categories: Scoreboard
Given lower equity returns combined with favorable debt pricing, investors are using more equity dollars to capture positive-leverage returns.
The Real Estate Capital Scoreboard® – January 2007
Yazan: realtycapital | 02 January 2007 | No Comments
Categories: Scoreboard
2007 will be a very dynamic year, as capital markets continue responding to changing real estate fundamentals. Some market corrections will create more balanced risk-adjusted returns.
The Real Estate Capital Scoreboard® – December 2006
Yazan: realtycapital | 01 December 2006 | No Comments
Categories: Scoreboard
Everyone is flush with cash. Conduits control market share. Banks provide aggressive construction proceeds. Life companies offer fixed-rate debt with balance-sheet flexibility.
The Real Estate Capital Scoreboard® – November 2006
Yazan: realtycapital | 01 November 2006 | No Comments
Categories: Scoreboard
Despite premium prices accompanied by higher risks, real estate capital markets are still relatively attractive compared to overall stocks and bonds.
GALLERY