Giliberto-Levy: the trusted name in commercial real estate debt research.
Along with our industry-leading survey of fixed-rate senior loans (G-L 1), we have developed an index (G-L 2) to measure high-yield commercial real estate debt, such as second mortgages, mezzanine loans and preferred equity.
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Components
The Index's components are fixed-rate commercial mortgage loans held on balance sheets of institutions such as life insurance companies and pension funds.
Returns
Index returns are a market-value-weighted blend of office, apartment, retail, industrial, lodging, mixed-use and other miscellaneous property types.
Performance
Index performance tracks senior loans only; it does not include construction loans, mezzanine and other subordinate instruments and bridge loans made by such institutions.
Tracking investment results produced by private market debt investments in commercial real estate within the United States.
Learn More about the G-L 1
What is the Giliberto-Levy Index?
Why subscribe to the Giliberto-Levy Index?
How do you know? Benchmarking is the answer
The Giliberto-Levy Index helps you understand portfolio performance
Subscribe today to the Giliberto-Levy Commercial Mortgage Performance Index (G-L 1)
Complimentary
A complimentary download includes recent examples of:
- G-L Monitor
- Giliberto-Levy Index White Paper
- G-L 1 Total Index Returns and Levels
$7,500
An annual subscription includes:
- Quarterly issues of the Giliberto-Levy Monitor report
- Quarterly Returns broken down by property type
- Historical Database with data back to 1978
- Proprietary Analyzer Software
About G-L 2
The G-L 2 is the first and only third-party measure to monitor high-yield commercial mortgage debt performance for high-yield loans, such as mezzanine loans, preferred equity and "B" notes. G-L 2 production started in 2018. The return inception date is January 1, 2010.
The index for high-yield CRE debt
Measures total return and its components. Consistent with fixed-income indexes, including G-L 1, stock indexes and real estate equity indexes such as NPI and IPD/MSCI.
G-L 2 is designed for
Portfolio managers and investors, capital allocators, and consultants.
Tracking investment results produced by private market debt investments in commercial real estate within the United States.
Complete the form below to view the 2024 G-L 2 High-Yield Debt Symposium video:
