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.
Richmond, Va. October 11, 2017 – Investment banking leader John B. Levy & Company has unveiled a new version of the Giliberto-Levy Commercial Mortgage Performance Index (G-L Index). The G-L 2, or Giliberto-Levy High-Yield Real Estate Debt Index, is the first third-party measure available to monitor high-yield commercial mortgage debt performance.
The G-L 2 provides invaluable insight into the rates of returns from high-yield commercial real estate debt such as second mortgages,