News by Topic : Industry Performance
Mark Van Deusen of Hunton & Williams discusses how requested IRS guidance could assist REITs in working out and acquiring distressed CRE debt.
Commercial real estate prices continued to fall in May, down 7.6 percent for the month, according to the latest data from the Moody's/REAL Commercial Property Price Indices (CPPI).
The downturn in commercial real estate fundamentals accelerated in the first quarter of 2009, and the trend shows no signs of abating, according to a market analysis conducted by Moody's Investors Service.
The U.S. REIT market completed its best quarter ever in June, as the FTSE NAREIT Equity REIT Index gained 28.9 percent in the second quarter of 2009. The index's performance marked its highest quarterly gain since its inception in 1972.
NAREIT's Brad Case looks at the factors behind the outstanding 2Q REIT returns and the prospects for additional equity offerings and future IPOs.
New data from the Moodys/REAL Commercial Property Price Indices (CPPI) indicate that commercial real estate prices experienced their largest drop ever in April, falling nearly 9 percent for the month.