Rolfe Winkler

Ugly CRE charts

January 6, 2010

From the Mortgage Bankers Association’s Quarterly Data Book:

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Moody’s: CRE prices resume descent

September 21, 2009

Last month commercial real estate prices took a bit of a breather, falling just 1% after seeing prices fall 9% from March to April and an additional 8% from April to May. Those are fairly stunning rates of decline. In July, the descent picked up steam again, falling 5.1% compared to June.

The CRE disaster

July 23, 2009

Earlier this week, I was surprised when I read that Moody’s put the decline in commercial real estate at 16% over the last TWO MONTHS.  That’s a stunning rate of decline that has very negative consequences for banks who are still carrying commercial whole loans on their balance sheet at close to 100¢ on the dollar.cre-vs-residential-prices