Reports

Research Brief: Housing – May 2016

The increase in sales of previously owned homes and new single-family residences in April illustrates growing demand for owner-occupied housing and the improving ability of prospective homebuyers to save for down payments and handle monthly mortgage obligations.  Interest rates on residential mortgages remain near historic lows, maintaining housing affordability and stimulating a higher volume of single-family home purchases even as prices continue to rise and for-sale inventory remains limited.

Research Brief: Housing – September 2016

For-sale housing inventory fell to a decade low during August, and limited housing stock along with strong demand for homes are beginning to encourage homebuilders to shift their focus from larger, luxury homes to smaller, entry-level housing

Special Foreign Investment Report – Q3 2016

Foreign demand for U.S. commercial real estate elevated.  Global financial market volatility, weak foreign economies, low alternative investment yields and a variety of factors creating uncertainty have reinforced the advantages of direct investment in U.S. commercial real estate.

Special Report: Brexit

Contrary to polls and predictions, citizens of the United Kingdom voted to leave the European Union, creating uncertainty that induced a sharp decline in global equity markets.

Special Report: CMBS Issuance – Q3 2016

Commercial mortgage-backed security (CMBS) financing slowed dramatically in the first half of 2016 as volatility roiled the debt markets.  In addition, new rules governing CMBS issuance that take effect at the end of this year also created uncertainty in the marketplace.

Special Report: Emerging Trends – Q4 2016

Unforeseen events tap the brakes of the investment market.  The unanticipated results of the presidential election sparked a shift in several macro-level dynamics that have begun to ripple through the commercial real estate market.

Special Report: Trump Election

Following the lengthy campaign, Donald Trump surprised pundits and pollsters by winning the presidential election.  This unanticipated turn of events set off a rapid drop in both stock market and Treasury rate futures before they recovered early Wednesday morning.  In the wake of this unexpected outcome, markets are repricing both debt and equity to factor in increased government infrastructure and defense spending as well as the prospects of higher inflation.  Sentiment is fragile and volatility… Read More