Richmond, Va. October 11, 2017 – Investment banking leader John B. Levy & Company has unveiled a new version of the Giliberto-Levy Commercial Mortgage Performance Index (G-L Index). The G-L 2, or Giliberto-Levy High-Yield Real Estate Debt Index, is the first third-party measure available to monitor high-yield commercial mortgage debt performance.
The G-L 2 provides invaluable insight into the rates of returns from high-yield commercial real estate debt such as second mortgages,
Real estate won’t be the cause of the next economic downtown, but there are surely forces impacting the commercial real estate market and contributing to the shifting economic winds. That’s just one of the topics that a standing room crowd of commercial real estate professionals discussed at the John B. Levy & Company Investors Conference held recently in Richmond.
John B. Levy, president of John B. Levy & Company, spoke with Bloomberg Surveillance to discuss trends in the commercial real estate (CRE) industry, addressing whether or not the economy is in a bubble and the impact of Hurricane Harvey in Houston.
Hosted by Tom Keene and David Gura, Bloomberg Surveillance is a daily radio show covering the latest in finance, economics and investment, featuring the leading voices shaping the conversation around world markets.
John B. Levy & Company has released the Giliberto-Levy Commercial Mortgage Performance Index (G-L Index) for the second quarter of 2017. The G-L Index tracks private-market loans in investor portfolios and produced a 2.11% total return in the second quarter.
Quarterly income return was 1.11% and capital value produced 1.01%, consisting of a 1.05% price return and a -0.04% contribution from other factors. Combined with a 2.01% total return in the first quarter,