Wednesday, November 5, 2014

Low Interest Rates Continue to Support Strong Real Estate Market

Jeanne Peck
Chicago, IL, Nov.  3, 2014 - In the past couple of weeks, mortgagerates dropped to their lowest level since earlier in the summer, only to rebound upward by about over quarter percent after the stock markets rallied to their best levels in over a year. 

 Global anxieties overshadow an improving American economy, keeping bond yields near record-low territory.
Instant volatility prevails ignited by any news outbreak such as the MiddleEast, Ebola and Russia, rattling Treasurys by 10 to 20 basis points in within a day.

"Uncertainty prevails, but low interest rates are definitely supporting a strong real estate market." says Jeanne Peck of the Real Estate Capital Institute(r). 

On the other side of the equation, mortgage spreads keep declining from their historical norms.  Currently spreads are about ten to twenty basis points narrower than the averages for the past three decades.  

 The outlook for commercial real estate mortgages is strong despite erratic Treasury note
behavior.  A stronger domestic economy is definitely buoying commercial
property fundamentals, generating a very narrow mortgage pricing band across
multiple asset classes. For instance, equally-leveraged office properties
trade only about five basis points wider than multifamily assets; Industrial
and retail rates are nearly equally priced.  Only a month ago, the rate
premiums between various property types varied as much as ten basis points.

Quickly tightening mortgage spreads occasionally create unique yield
inversions, as many investors are caught off guard.  In some cases, the
mezzanine and preferred equity tranches actually priced lower than the
higher-risk components of senior debt.  Freshly-priced mezz/pref equity
funds were blended with older, higher-priced senior debt lining up for

Even all of the market instability, 2014 will shape up to be a record-year for the industry. An ever-expanding list of capital sources continue to look
for funding opportunities as mortgage yields are still relatively attractive in relationship to corporate and government bonds.  

Nearly all institutional investors now view mortgage debt as a legitimate investment vehicle as securitization data provide clear yield and performance benchmarks.

The Real Estate Capital Institute(r) is a volunteer-based research organization that tracks realty rates data for debt and equity yields.  The Institute posts daily and historical benchmark rates including treasuries, bank prime and LIBOR.  Furthermore, call the Real Estate Capital RateLine at
7RE-CAPITAL (773-227-4825) for daily rate updates.

For a complete copy of the company’s news release, please contact:

The   Real Estate Capital Institute(r)
3517 West Arthington Street
Chicago, Illinois USA 60624
Contact: Jeanne Peck, Executive Director /

JLL Hires Matthew Patterson as Vice President in Atlanta

Matthew Patterson
ATLANTA, GA, Nov. 5, 2014  – JLL today announced that Matthew Patterson has joined its Atlanta office as Vice President.

 Known throughout the metro area for his deep expertise in the industrial sector, Patterson will focus on tenant representation for the industrial brokerage team and, using his extensive background from prior positions with the Metro Atlanta Chamber of Commerce and the State of Georgia, will pursue new business in the manufacturing, distribution and supply chain industries.

“The market knowledge, experience and contacts that Matthew brings cannot be overstated,” said Mike Sivewright, Atlanta Market Director.

“His hiring adds a powerful dimension to an already formidable industrial team and ensures our presence in the Atlanta industrial market will continue to grow. 

"Matthew’s insight and analysis will enable our clients to seize opportunities, anticipate change and successfully navigate today’s industrial real estate market.”

Patterson joins JLL from the Metro Atlanta Chamber of Commerce, where he most recently served as Director of Supply Chain and Advanced Manufacturing and played a critical role in developing and maintaining the Chamber’s global marketing strategy to the manufacturing sector.

For a complete copy of the company’s news release, please contact:

  Stephen Ursery
  Phone: +1 (404) 549-7150

NAI Realvest completes leases totaling more than 10,000 square feet at South Seminole Industrial Center in Longwood, FL

Kristen Kemp
ORLANDO, FL – NAI Realvest recently negotiated two industrial leases that total 10,058 square feet in South Seminole Industrial Center in Longwood – one expansion and one renewal agreement.

Michael Heidrich, a principal at NAI Realvest represented the landlord Eckstein Properties LLC, of New York, NY in a lease renewal agreement with tenant Tijuana Flats Hot Foods LLC  for Suite 2900 with 5,204 square feet at 1075 Florida Central Parkway at the center.  

Heidrich and Associate Kristen Kemp brokered an expansion lease agreement with Horner Xpress Central Florida, Inc. at 975 Florida Central Parkway representing the same landlord.  

The tenant already occupied 14,562 square feet and expanded into an additional 4,854 square feet in Suite 1100 for a total occupancy of 19,416 square feet at South Seminole.

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142

Robin Webb, CCIM, Managing Director of NAI Realvest in Orlando, FL Elected to Serve as 2015 CCIM Institute First Vice President

Robin Webb
ORLANDO, FL – The CCIM Institute (, one of the largest commercial real estate networks in the world with chapters in more than 30 global markets, announced its new 2015 leadership team at the organization’s annual conference in Los Angeles Oct. 17-21.

The CCIM Institute confers the Certified Commercial Investment Member (CCIM) designation, commercial real estate’s global standard for professional achievement.      

Robin Webb, CCIM, managing director/principal of NAI Realvest in Orlando, Fla., was elected to serve as 2015 First Vice President of the CCIM Institute. 

“It has been an honor to wear the pin for three decades and I am excited to continue to serve the Institute as First Vice President in the year ahead,” Webb said.

Webb has a wide range of involvement with the organization, serving as Treasurer, Florida Chapter President, Regional Vice President, Presidential Liaison, and on a number of committees, including Member Services, Designation, Finance, and the Legislative Affairs Subcommittee, among others. 

Webb has also had extensive involvement with the CCIM Foundation, most recently serving as 2014 President. He holds the Certified Property Manager designation, among several other industry designations.

Mark Macek

The other 2015 executive leadership team members include President Mark Macek, CCIM, president and owner of Macek Companies, Inc., in Great Falls, Mont.; President-Elect Steven W. Moreira, CCIM, president of Magic Properties and Investments, Inc., in Longwood, Fla.; Treasurer Charles C. (Chuck) Connely IV, CCIM, managing director of EPR Financial Services in Kansas City, Mo.; and Treasurer-Elect Louis H. Nimkoff, CCIM, president of Brio Real Estate in Winter Park, Fla.

Learn more about the CCIM Institute at

Beth Payan or Larry Vershel, Larry Vershel Communications, 407-644-4142