Financing
The US Debt Stool, Though Wobbly, Is Still Standing
Jim Costello / September 16th, 2020The pullback by CMBS and investor-driven originators is not as destructive...
Chart: Composition of US Apartment, Hotel Lending
Haley Crimmins / June 26th, 2020In an RCA Insights post earlier this month, Jim Costello described how CMBS distress...
CMBS Distress Is Only the Tip of the Iceberg
Jim Costello / June 3rd, 2020The CMBS market has not been the primary originator of commercial mortgage debt...
The US Market for Hotel Properties Is Frozen
Jim Costello / May 20th, 2020Hotel sector investment activity was already spinning downward even before the economic crisis wrought...
This Is What a Distress Cycle Looks Like
Bob White / May 5th, 2020In the last cycle RCA tracked more than $462 billion of troubled commercial real estate...
Valuing US Apartments in the Midst of COVID-19
Jim Costello / April 7th, 2020Debt challenges mean that apartment cap rates may not be as sheltered as they were during the last...
Commercial Real Estate Moves Into Uncharted Territory
Jim Costello / March 19th, 2020Making sense of what will happen next involves a little bit of speculation as well as reasonable judgement over the forces...
Chart: US Debt Funds Carve Bigger Slice of Lending
Jim Costello / October 30th, 2019Debt funds have been a growing presence in the U.S. lending market across all investment styles. Real Capital Analytics...
Chart: Shifting LTVs of US Lender Groups
Jim Costello / September 30th, 2019Competition in the U.S. commercial mortgage market is fierce. With the debt funds taking on more risk...
US Annual Price Growth Rises to 6.7% in August
Wyatt Avery / September 26th, 2019Annual price growth for U.S. commercial properties increased in August, even as deal volume slid for a second consecutive month...
