Word: commerciales
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The recent Chapter 11 bankruptcy filing of commercial real estate lender Capmark Financial Group appears to validate the doom-and-gloom scenario for commercial real estate fundamentals.
The buying binge comes as commercial real estate rents and occupancy rates continue to plunge, leaving industry experts wondering if the rally was premature at best - and overdone at worst. "I'm a little bit more cautious in the near-term, given the rally that we've had and where...
"While the U.S. economy is emerging from recession, we still anticipate a prolonged period of declining growth for REITs and commercial real estate," said Goldman Sachs analyst Jonathan Habermann in an October research note. Habermann doesn't expect to see a significant improvement in real estate rents, occupancies and property...
Historically, real estate lags behind an economic recovery. In the 1991 recession, it took the industry 14 months to rebound after the recession's end, and in the 2001 downturn, it took 29 months for the sector to recover, says Bob Bach, chief economist with Grubb & Ellis Co., a commercial...
So did investors overreact when they jumped into the sector last March and drove REIT prices up 97% from that trough? Not exactly. REIT valuations were extremely cheap, as the sector had lost 73% of its value from its peak in February 2007. "REITs were priced in the first quarter...