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Real Capital Analytics Introduces
Services Offering Analysis Of Commercial Real Estate
- First Reports Highlight Divergent Trends Facing the
Investment Markets
NEW YORK, July 23 /PRNewswire/ --
Real Capital Analytics today released the first of its
Capital Trend Reports and launched its online Property
Trade Search service. The reports and online service
are based on the firm's proprietary database and represent
the most comprehensive and current data ever compiled
for the commercial real estate investment market. Much
of the information has never before been available to
the industry.
The firm tracks investment activity
nationally for the core property types and has captured
close to $100 billion of transactions in the past year
that exceed $5 million. Some of the data exclusive to
Real Capital Analytics includes the supply-demand balance
of investment and new offerings, the composition of
the buyers and sellers, bid/ask spreads and volume and
pricing trends for all markets nationally. Moreover,
the data is updated weekly, making it as close to real-time
as possible.
"Real Capital Analytics provides both a new perspective
and a new level of detail concerning the investment
market and its participants,'' said Robert M. White,
Jr., the firm's founder. ``Investors, lenders and brokers
have largely had to rely on outdated, incomplete or
anecdotal information. Current information relating
to the liquidity and value of a property is now immediately
available on our site.''
Real Capital Analytics is now publishing
monthly Capital Trend Reports for the office and apartment
sectors and will release reports for the retail and
industrial markets starting in October. In addition
to the monthly reports, subscribers have unlimited access
to information on each transaction through its online
Property Trade Search service at http://www.rcanalytics.com.
In the premier issues released today, the Capital Trend
Reports for the office and apartment sectors provide
key insight into the decline in volume currently experienced
in the investment market. The drop in activity is not
true for all property types or markets. Highlights of
the newly released reports include:
Office Investment Trends:
* The office markets have sustained the biggest drop
in investment relative to other property types in the
first half of 2001. CBD investment was off 40% and suburban
fell 26% as compared to the second half of 2000. Markets
in California have been most impacted while investment
in downtown Chicago and in Northern New Jersey posted
gains in volume and price.
* Single tenant properties reflect positive investment
trends and accounted for nearly 16% of all suburban
investment in the first half of the year.
* Average yields of all office investments have averaged
9.5% throughout much of the past year, but will increase
to 9.75% based on closings expected over the coming
months.
Apartment Investment Trends:
* Despite a weak first quarter, apartment investment
is remarkably stable. Pricing has remained relatively
constant and investment is keeping pace with new offerings.
Excluding portfolio sales, apartment investment is only
off 3% this year.
* Apartment Investors are increasingly looking to second
tier markets which replaced the top 10 markets as the
most active in 2001. The investment markets in Phoenix,
South Florida and Dallas were the biggest gainers while
the Los Angeles saw the biggest declines in volume and
pricing.
* Average yields of apartment investments have averaged
8.25% throughout much of the past year, but will increase
to 8.50% based on closings expected over the coming
months.
Real Capital Analytics, Inc. is
a national research and consulting firm based in New
York City. The firm's proprietary research is focused
exclusively on the investment market for commercial
real estate. Within that arena, Real Capital Analytics
offers the most in-depth, comprehensive and current
information of activity in the industry. The firm publishes
monthly Capital Trend Reports specific to each of the
core property types and offers an online Property Trade
Search service that provides current transaction summaries
for all markets nationally.
Monday July 23, 12:56 pm Eastern Time
SOURCE: Real Capital Analytics, Inc.
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