In fourth quarter, income contributed 1.11 percent while price subtracted 3.83 percent. The price loss stemmed from higher treasury yields while mortgage spreads tightened to lessen the impact. The yield on the benchmark ten-year
The twelve-month total return dropped to 3.94 percent from 6.81 percent in the prior quarter. Income contributed 4.73 percent while price deducted 0.79 percent. After falling over the first half of the year,
Of the four major property types, industrial loans performed best for the quarter with a return of -1.94 percent compared to -2.63 percent for office, -2.89 percent for retail and -3.08 percent for apartments. For the year, office fared best with a return of 3.99 percent followed by retail at 3.94 percent, apartments at 3.92 percent and industrial at 3.72 percent.
Commercial Mortgage Loan – Total Return by Property Type as of
Keywords for this news article include: Real Estate, LifeComps Commercial Mortgage Loan Index.
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