Archive for June, 2011

A word of caution to apartment investors…

Wednesday, June 29th, 2011

Earlier this week, we summarized the results of PWC's quarterly Real Estate Investor Survey, during which, noting that apartment pricing has effectively risen by 25% over the last 4 quarters. Globe Street just published an article which followed the same sentiment for the state of California: Multifamily fundamentals are expected to ... More

Moody’s/REAL CPPI vs. S&P Case Shiller

Monday, June 20th, 2011

Calculated Risk is known for its informative graphics. One of our favorites is the comparison between S&P's Case-Shiller Housing Price Index and Moody's/REAL Commercial Property Price Index. But, the last one we were able to find was about 12 months old. An updated one in Google Charts is below. What is ... More

PwC: Cap rates continue downward in Q1 2011

Monday, June 20th, 2011

According to the most recent PwC Real Estate Investor Survey, cap rates fell across the board for office and industrial asset types. Titled "Signs of Recovery Boost Optimism for 2011", the survey noted: "Surveyed investors sense that the commercial real estate industry is moving past the bottom of the cycle, ... More

Moody’s/REAL CPPI in Google Charts

Friday, June 17th, 2011

Recently, I've been toying around with Google Charts.... and finally getting the hang of it! Below is a chart of Moody's/REAL CPPI by asset class. I've demo'd other charting utilities, such as Blytic and Tableau Public, with limited success. I knew that Google had charting abilities in their Google Docs service, ... More

REO Monitor: MetroWest, Naperville, IL

Wednesday, June 15th, 2011

An affiliate of Allstate Life Insurance has filed to foreclose on the MetroWest office building, located at 55 Shuman Boulevard in Naperville, Illinois. Currently owned by General Investment & Development and Spaulding & Slye's $250 million Windsor Realty Fund IV, the property's $23 million first mortgage matured last month. The ... More

S&P Case Shiller hits lowest level since 2002

Wednesday, June 1st, 2011

Yesterday, we posted on Moody's/REAL CPPI reaching lows not seen since the early 2000s. The same can be said about The S&P/Case-Shiller Home Price Index. From the S&P Press Release: Data through March 2011, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. ... More