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,
BY ANDREW LITTLE, Special correspondent – May 14, 2017
Like the transitional point in “Shout,” the frat-classic song originally recorded by The Isley Brothers in 1959 and made famous by Otis Day and the Knights in the movie “National Lampoon’s Animal House,” the markets were holding their breath the last few months, but seem revived and poised for growth again.
The French election was concluded without a major surprise;
BY ANDREW LITTLE Special correspondent – Jun 18, 2017
Much like one of Tennessee’s state songs, “Rocky Top,” commercial real estate values are peaking, and it is a little rocky at the top.
It is not uncommon to read a headline reporting surging stock, gold or bond prices while simultaneously reading about investors’ fear that a great drop-off is imminent.
The same is true of commercial real estate.