| Abstrakt: |
Edward L. Shugrue III, CEO of investment manager Talmage, LLC, in an interview with Zoe Hughes of PrivcapRE, discussed current opportunities in commercial real estate debt, including: The current opportunity for investing in U.S. commercial real estate debt; CMBS performance relative to corporate and high-yield bonds since the financial crisis; Opportunities generated by $400 billion of CMBS debt maturing through 2017; Interest rate outlook and the effect on CMBS pricing and property cap rates; “Bracket creep” in underwriting standards; and The changing composition of capital flows in the commercial real estate debt space. [ABSTRACT FROM PUBLISHER] |
