The steep rise in interest rates during 2022 resulted in unprecedented levels of volatility in the unsecured bond and CMBS markets, resulting in reduced capital availability in those segments which pushed commercial real estate borrowers towards bank term loans. Even…
The article below was published in the May 2 issue of Real Estate Alert. Bad debt on bank balance sheets ticked down again in 2022, but the data belies a wave of loans maturing this year that could translate to…
Industrial outdoor storage (“IOS”) is a niche commercial property type that has grown in popularity among institutions in recent years amid the broader industrial boom. Investor demand for IOS has been buoyed by strong recent operating results, favorable long-term supply…
Climate-change related metrics, such as the intensity of greenhouse gas emissions by property sector, play a role in underwriting. To help commercial real estate market participants factor in those inputs to their underwriting, Green Street published a recent report entitled…
Green Street recently hosted a webinar with Scott Rechler, CEO and Chairman of RXR Realty (a large private investor/operator), as part of its Industry Leaders series. Mr. Rechler is a highly respected executive and provides thoughtful commentary on several important…
One of the metrics most widely used by real estate investors is the capitalization rate, or cap rate. The cap rate is a useful tool to compare market pricing across transactions, markets, sectors, and even publicly traded REITS, and it…
