The January 2010 Moody’s CMBS delinquency rate hit a record at 5.42%, after posting the largest one month increase (50 bps) in history.
While the deplorable state of CMBS is not a secret to anyone following RealPoint’s monthly delinquency data, getting confirmation from a procyclical firm such as Moody’s should be enough to wake up some […]

This just in from the Wall Street Journal. Here’s the full story outlining the upcomming horrors that the commercial real estate market may very well play on our economy.
 Federal Reserve and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy just as it struggles to get […]

Mortgages on commercial property held by U.S. banks have been failing at the fastest rate in nearly 20 years, the Wall Street Journal said. 
Losses on loans used to finance commercial spaces would possibly reach about $30 billion by the end of 2009 at the current rate.  The $30 billion estimate is based on financial reports […]

SeekingAlpha’s Jeffrey Bernstein makes the case that – as a friend of mines 15 year old son Max likes to say —  “things are gonna get a whole lot worse before it starts to get betta.”  
Some glass-half-full rosy-eyed thinkers have even argued that the economy is now fixed. You know all the green-shoots and mustard seeds […]

Average SOLD Price >> From MARCH 2007 To January 2008

Anne
Arundel
County
·         March 2007 was $395,037
·         September 2007 was $441,246
·         January 2008 was $413,934

Baltimore
City
·         March 2007 was $178,019
·         September 2007 was $179,680
·         January 2008 was $176,234

Baltimore
County
·         March 2007 was $297,252
·         September 2007 was $299.615
·         January 2008 was $278,848

Carroll
County
·         […]

Several market benchmarks corroborate fears that a five-year run of escalating prices for commercial real estate ended in August for all but a handful of U.S. markets.
Monthly returns for a national index of commercial properties posted a negative 0.8% in September, the first monthly decline since November 2006, Standard & Poor’s reported on Dec. 18 […]