The Robbo Report


Inflation Throws Lifeline To European Property · Comment

Reuters: The clouds over European commercial property may be about to lift because falling prices have raised rental yields, while inflation pressures elsewhere are making the sector’s index-linked rents a tempting hedge.



U.S. Investors Put $615M in European RE Fund · Comment

Commercial Property News: Dublin-based Quinlan Private, an international private equity and real estate group, has raised $615 million (€400 million) of equity capital from US investors for its Quinlan Private European Strategic Real Estate Fund. The fund is the group’s first one open to American investors, and according to Quinlan it proved quite popular among US institutional investors, endowments, foundations, life companies and high net worth individuals.



Real Estate Commercial Property In A World Of Hurt · Comment

Financial Week: Indeed, the commercial real estate industry is facing its most challenging period in years. The loss of thousands of office jobs and the reduction in consumer spending have resulted in shrinking demand for office and retail space nationally for the first time in five years. Meanwhile, retail vacancies have spiked to their highest levels since 1996.



Moody's: Commercial Real Estate Prices Slipping · Comment

Forbes:  Prices for commercial real estate slipped more than 2 percent in March as it became tougher to borrow money to buy property, Moody’s reported Monday.



The State of CRE Financing Part 2: Denial Is Not A Strategy · Comment

CoStar Group:  The 2004-2007 run up in commercial real estate prices was as big a wave as bankers and lenders had ever seen. And they were all eager to jump on board and ride the crest. They did and rode it well until it crashed ashore last summer and had property prices retreating back into a leveling sea.



Jacksonville Retail Real Estate Market Sluggish In 1Q · Comment

Construction activity was down and empty space up in the local retail market during the first quarter 2008…



Commercial Real Estate: The Next Risk? · Comment

As if investors didn’t have enough to worry about, a new danger is brewing that the country’s most bearish investment newsletter says could roil the financial markets. In brief, it sees an accelerated national downturn in commercial real estate…



Increasing Foreclosures In Commercial Real Estate · Comment

“We have found that when the residential market moves, the commercial market moves 12 to 18 months later,”...



Is Credit Crunch Slowing Michigan Commercial Development? · Comment

It’s a new age for commercial lending in western Michigan, some say, as banks tighten standards and scrutinize developers’ finances more than ever…



Commercial RE & Construction Set For Major Downturn · Comment

Carlini: The Next Collapse: Is Commercial Real Estate a Ticking Time Bomb?...

U.S. Commercial Real Estate Prices Fell in January – 3rd consecutive monthly decline …

Reflecting the deteriorating conditions in the housing market
and overall economy, the Architecture Billings Index (ABI) tumbled almost nine points in February. As a leading economic indicator of construction activity…

WSJ: Researchers at the AIA said the index’s drop means the commercial-construction sector will remain under pressure through this year and next, as the credit crisis
— initially born of subprime-lending excesses — continues to roil the economy…

J.P. Morgan exposes itself to an oversupplied
hotel industry in Bear Stearn deal…

LA development slows…

Mortgage meltdown dampens Florida’s commercial real estate outlook
...

RE Journal: Atlanta Office Brokers Brace for a Bloodbath…

New Jersey commercial real estate faces uncertain future…

Brokers use free-rent deals to fill empty Tampa Bay area offices…

Washington DC office space slowing down…

Memphis experiencing a rise in “tire kicking”...




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