ARCHIVE - Tag: Giliberto-Levy Index

Richmond, VA.  January 4, 2018 – Investment banking leader John B. Levy & Company is pleased to announce updated results for its new Giliberto-Levy High-Yield Debt Index, also known as the G-L 2.  The Index is the first third-party measure to monitor high-yield commercial mortgage debt performance.  The G-L 2 complements the Giliberto-Levy Commercial Mortgage Performance Index (G-L 1), which has provided a quarterly performance benchmark for investments in private market first-mortgage real estate debt since 1993. 

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.

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.

Fifty West Office Building

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,

COMMERCIAL MORTGAGE ALERT, May 19, 2017:  The team behind the Giliberto-Levy Commercial Mortgage Performance Index is rolling out a new measure of returns on high-yield commercial mortgages.

Mortgage banker John Levy and investment manager Michael Giliberto have begun producing a tool for gauging and comparing investment returns on mezzanine loans and other subordinate debt, including preferred equity and B-notes, along with high-yield senior mortgages.

“I can say categorically that this is the first index of its kind,” said Levy,