In a February 2018 article for Institutional Real Estate Americas, Editor Loretta Clodfelter sat down for an in-depth conversation with John Levy, president of John B. Levy & Co.Levy discussed the recently launched the Giliberto-Levy High Yield Real Estate Debt Index (G-L 2), which is the first third-party measure to monitor high-yield commercial mortgage debt performance. The index was designed to complement the Giliberto-Levy Commercial Mortgage Performance Index (G-L 1), which launched in 1993 and provides a quarterly performance benchmark for investments in private market first-mortgage real estate debt.Detailing the the origin of the new index, Levy explained how it fits into the broader real estate debt environment.
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