The Giliberto-Levy Commercial Mortgage Performance Indexsm (GLCMPI), which begins in 1972, is a time series of quarterly commercial mortgage total returns. The index utilizes a total rate of return methodology that incorporates mark-to-market prices and credit loss impacts, using a proprietary pricing matrix. The database from which the index is comprised consists of a thorough cross-section of fixed-rate, fixed-term loans made by institutional lenders.
