Moody's Commercial Property Price Index August Update | Square Feet Commercial Real Estate Blog

Moody’s Commercial Property Price Index August Update

August 19, 2009

Tweet Moody’s/REAL has issued its August update of the Commercial Property Price Index (CPPI). Not surprisingly, the decline continues. A drop of 1% was recorded month-over-month, 26.9% year-over-year, and 33.9% below that of two years ago. The Index peaked in October of 2007, and since then we are off 35.5%. In the West, the largest [...]

$2.2T of US CRE At Risk of Default

July 29, 2009

Tweet About $2.2 trillion of U.S. commercial properties bought or refinanced since 2004 are now worth less than the original price, raising the threat of more foreclosures, Real Capital Analytics said. Prices have fallen so far that about $1.3 trillion of properties have either lost their owners’ down payment or are close to it, Robert [...]

Commercial Real Estate Defaults Rise By 43% In First Quarter

April 1, 2009

Tweet Real Capital Analytics has released numbers for the first quarter, and defaults are up 43% to nearly $66B worth of loans. Q4 2008 ended with some $46B of loans in default. According to the article: 3,678 U.S. properties are now listed as in distress The LA Metro area has about $7.5 billion of distressed properties [...]

RCA Data on Distressed and Troubled Assets

January 28, 2009

Tweet Found at RetailTraffic, the chart to the left (click for larger view) shows which sectors the distress is in commercial real estate. Development looks to be in the most distress, followed by office, retail, apartment, hotel, and industrial. The total dollar amount of this distress is $25.6B (across more than 1,000 assets). The chart [...]

YoY US and International Investment Sales Down Dramatically in Q1

June 12, 2008

Tweet Though likely not surprising to anybody, year over year investment sales both in the United States and on a worldwide basis are down dramatically. According to a Jones Lang LaSalle (NYSE:JLL) report cited by NREI, first quarter investment sales in the US came in at $39.2 Billion, a number which is down 69% from [...]