Prudential US Quarterly Update on Commercial Real Estate
July 29, 2010
Prudential is out with its quarterly update on US CRE. Values have increased (in some cases dramatically), capital markets are opening up, and volume is gaining. All is great, except the fundamentals are still broken; job growth is anemic. Report embedded below. US Q July 2010_ PRU
Read More >>Prudential’s Case for CRE
May 25, 2010
Prudential has released a mini-report titled “Revisiting the Case for Commercial Real Estate”. It covers all the basics but surprisingly keeps the Challenges & Risks to a brief five paragraphs. It talks about interest rate risk, but doesn’t talk about the credit rating of the US. It talks about the financing gap but doesn’t go [...]
Read More >>Prudential U.S. Quarterly Report
January 28, 2010
rudential has put out it’s latest report outlining it’s take on the commercial real estate market. Some bullet points from the report: The recent appearance of positive indicators – economic and otherwise – has turned market sentiment in the commercial real estate sector decidedly more favorable. Widespread distress has yet to materialize, although it should [...]
Read More >>McKinsey: CRE in Spain, US, UK at Highest Risk of Deleveraging
January 20, 2010
McKinsey has put out a quick and dirty read entitled “Debt and Deleveraging: The Global Credit Bubble and Its Consequences”. In it, they detail how current leverage within the financial system compares to historic numbers and the massive run-up that occurred during the majority of this decade. The entire report can be accessed by clicking [...]
Read More >>CPS 3rd Quarter Update and Thoughts on Leasing Activity
November 13, 2009
CPS emailed us their 3rd quarter Silicon Valley update. It’s a pretty good report that is a bit different than the typical quarterly report which just puts up vacancy and rental rates for each sub-market in that it stratifies the supply in the market, and also goes a bit beyond just a table of rents [...]
Read More >>Done Shopping: RREEF On Retail Real Estate Investing
June 10, 2009
RREEF has put out a research piece titled “Done Shopping-Structural Shifts in the US Retail Sector and Their Implications for Real Estate Investment”. I’ve embedded the report below, but the key conclusions are: Consumer spending, once it resumes full growth around 2011, will expand at only half the rate of recent years without the prop of rapidly rising [...]
Read More >>Deutsche Bank Q1 CRE Outlook
May 10, 2009
I was going through old documents and came across Deutsche Bank’s Q1 commercial real estate outlook. It’s about two months old now, but it has some good info so I figured better to post it late than never. The file, which is embedded below, contains some very good data on CMBS, loan maturities, and a [...]
Read More >>Prudential First Quarter CRE Report
April 28, 2009
Prudential has put out its quarterly report on the state of the commercial real estate market. The entire report is embedded below, but here are the highlights: “The high-leverage private equity model that was employed to buy commercial real estate in recent years will give way to a more conservative system. Financial institutions will no longer be [...]
Read More >>RREEF Report on Commodity Prices and Impact on Real Estate
July 27, 2008
RREEF Research has issued two reports this month. The first report covers commodity prices, and the impact on trade, housing, and other real estate impacts. Some of the items related to trade which are noted in the report include: Pacific Northwest ports (i.e. Seattle, Portland, Vancouver) to benefit as the shipping distance is shorter than that to [...]
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