No Green Shoots in Commercial Real Estate

Between RealPoint and TREPP, any investor who has the reading comprehension of an 8 year old, the excel skills of a moderately well-trained primate and access to either or both of these databases, should be able to extract sufficient data that will promptly indicate just what commercial real estate is shooting up these days. Whatever it is, it sure ain't green. Also begs the question of just what qualifications one needs these days to be a REIT analyst for a major recently acquired investment bank (or for a real-estate focused asset manager that just happens to rhyme with colon and sneers, for that matter) if failure in either of the above categories is not grounds for flunking the application process.

Some more CRE charts (click to enlarge) coutresy of TREPP.





hat tip Pat

Comments

[yellowhoard]

This is the elephant in the room that all of the "green shoots" people keep avoiding.

2009 May 12 09:01 AM

[Larry House]

Thanks, Tyler, for the reality check.

2009 May 12 10:13 AM

[Roger Knights]

"This is the elephant in the room that all of the "green shoots" people keep avoiding."

Along with several other pachyderms.

2009 May 12 12:25 PM

[Alan Young]

The lower chart says enough with the headline and the red line--I didn't have to read any fine print.

For the sake of thoroughness, however, I'd appreciate an explanation of the spreadsheet, which is replete with unfamiliar acronyms.

2009 May 12 01:37 PM