Richmond, Va. November 22, 2017 – John B. Levy & Company published the Giliberto-Levy Monitor for the third quarter of 2017, analyzing commercial mortgage investments that have produced three straight quarters of positive total returns. Private-market loans in investor portfolios posted a 1.07 percent total return in the third quarter, pushing year-to-date total returns to 5.28 percent.
Published quarterly, the Giliberto‐Levy Monitor highlights the results of the Giliberto‐Levy Commercial Mortgage Performance Index (G-L 1) and offers in‐depth market analysis and commentary on important aspects of the commercial mortgage industry.
BY ANDREW LITTLE, Special correspondent – November 19, 2017
Singer David Johansen, aka Buster Poindexter, probably wasn’t thinking about commercial real estate when he sang one of his biggest hits, “Hot, Hot, Hot.”
But the title to that hit song accurately describes the current state of the commercial real estate market. The ongoing strength in the sector can be attributed to cheap and available capital.
The conduit market,
In an article for Commercial Property Executive, research editorial director Paul Fiorilla explored the recently launched Giliberto‐Levy High‐Yield Real Estate Debt Index.
“Investors in high-yield real estate now have a way to compare their returns and performance against an industry-standard benchmark, thanks to John B. Levy & Co.’s creation of the first mezzanine loan index,” the article stated.
John Levy will lead the “Finding Equity and Debt in Today’s Marketplace” panel on November 16th at the Saul Ewing Arnstein & Lehr 9th Annual Real Estate Conference in Baltimore.
Richmond BizSense recently profiled Fulton Hill Properties breaking ground on a nearly $40 million mixed-use development project called Artisan Hill, noting it worked with JB Levy & Co. to secure financing through the Virginia Housing Development Authority.