Institutional investors including pension funds, private equity funds, hedge funds, life companies, REITs, endowments, sovereign wealth funds and other players with large pools of investable capital are taking new chances to boost their yields.
The revelation this summer that the London Inter Bank Overnight Rate (LIBOR) has been the subject of manipulation sent shockwaves around the globe. If that rate—one of the cornerstones of the banking system—is being gamed, is there anything that we can trust?
Last October, BGC Partners surprised everyone by getting into the commercial real estate business. The firm, an inter-dealer brokerage spun off from financial services giant Cantor Fitzgerald L.P. in 2004, acquired Newmark Knight Frank. Then, six months later, it struck again, acquiring the assets of Grubb & Ellis Co...
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?