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| Ronald J. Rogg |
ORLANDO, FL--The overall Moody’s/RCA Commercial Property
Price Indices edged up 0.4 percent in November, marking a 4.5 percent increase
from the same period last year. This is driven by the apartment index, which
rose 1.2 percent month over month and 10.6 percent from November 2011.
The delinquency rate
for commercial mortgage-backed securities was 9.71 percent in December,
unchanged from November, according to a recent Trepp report. The leveling off
of CMBS delinquency rates suggests a more stable period, compared to earlier in
2012.
CBRE Econometric
Advisors forecasts cap rates to remain flat for the next few years, noting the
current low-interest rate environment and recent period of cap rate
compression.
For a complete
copy of the company’s news release, please contact:
Ronald J. Rogg, CCIM
Executive Vice President
Capital Markets
Investment Properties
Office/Industrial
T +1 407 839 3194
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