IDEAS home Printed from https://ideas.repec.org/a/taf/repmxx/v15y2009i2p197-210.html
   My bibliography  Save this article

Point of View: Commercial Real Estate Debt Maturities: Shortfall & Implications

Author

Listed:
  • Edwin Anderson
  • Kyle Cascioli
  • David Chasnow
  • Glenn Mueller

Abstract

Executive Summary. Global capital markets in 2008 experienced historic illiquidity, with nearly every major country's central banking system having to infuse capital directly into their member banks. These dramatic steps were taken to help keep banks solvent while they continued to absorb massive losses related to business, insurance, and real estate debt. This paper estimates the size of the commercial real estate debt financing needed in 2009 and beyond. The paper also seeks to further expand and update evolving investment possibilities, given the status of the capital markets in the United States in 2009 and the increasing and unprecedented high demand and low supply of debt available for the financing and refinancing of commercial real estate properties. By looking at the ten-year historic trends of existing commercial debt demand and supply, a forecast of future debt demand and supply shortfall through 2018 is developed. Then the potential impact on commercial mortgage pricing is discussed.

Suggested Citation

  • Edwin Anderson & Kyle Cascioli & David Chasnow & Glenn Mueller, 2009. "Point of View: Commercial Real Estate Debt Maturities: Shortfall & Implications," Journal of Real Estate Portfolio Management, Taylor & Francis Journals, vol. 15(2), pages 197-210, January.
    • Handle: RePEc:taf:repmxx:v:15:y:2009:i:2:p:197-210
    DOI: 10.1080/10835547.2009.12089841
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2009.12089841
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2009.12089841?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:repmxx:v:15:y:2009:i:2:p:197-210. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/repm20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.