Following a 6.3 percent increase in Moody's/REAL Commercial Property Price Index, S&P's Case/Shiller Home Price 20-City Composite Index increased by 1.0 percent in May. This index appears to be somewhat of a leading indicator for commercial property prices. It led the CPPI in its downward descent, and appears to have ... More
Archive for July, 2011
Moody’s/REAL CPPI vs. S&P Case Shiller Update
Tuesday, July 26th, 2011Moody’s/REAL CPPI jumps 6.3% in May
Monday, July 25th, 2011After hitting a new low in April for the index (which dates back to December 2000), the CPPI popped back into positive territory for the month of May, 2011. All Property Type Aggregate Index recorded its first increase in six months and its largest one month jump since its inception. ... More
REO Monitor: The Equitable Building, Atlanta
Monday, July 11th, 2011Berkadia Capital, through Atlanta's CB Richard Ellis Institutional Group has sold the Equitable Building in downtown Atlanta, Georgia. The Atlanta Journal-Constitution reports that Conconut Grove, Fla. based America's Capital Partners has acquired the building for $19 million, or 33% of the amount of the price Equastone paid for the property ... More
