Equity, Debt & Structured Finance Capital Markets Update

Market Commentary Treasury yields and major US equity indices moved higher for a second straight week as US and China officials announced plans to hold face-to-face meetings in Washington in “early October.” The optimism of a trade war is outweighing concerns of a slowing global economy temporarily. The increase in rates has meant slightly higher[…]

FL TEAM REPS SELLER IN $48M JACKSONVILLE SALE

Tampa’s Mike Davis and Rick Brugge, along with Jacksonville’s Karl Johnston and Tyler Newman, and Michael Lerner of Orlando, represented GIV Imeson, LLC in the sale of Jacksonville’s largest commercial building, One Imeson Distribution Center. The two-story, 1,701,684-square-foot (sf) distribution and office building sold for $47.75 million. Totaling 72.5 acres, the property also includes a 12.3-acre container storage area, as well as a[…]

Equity, Debt & Structured Finance Capital Markets Update

Market Commentary After the 10-Yr UST bottomed out on September 8th, briefly testing 2%, it has been steadily increasing to the 2.30%s for various reasons including balance sheet normalization in the US and tapering in the Eurozone, optimism around tax reform, modest but generally stable economic data (slow and steady is positive during this cycle),[…]

Equity, Debt & Stuctured Finance Capital Markets Update

• Treasuries continued to post gains last months as rates declined especially at the longer end of the yield curve. Commercial real estate lending spreads have remained flat to tighter, so overall borrowing costs have trended lower from this time last month. Liquid CMBS markets and successful risk retention integration make CMBS a very attractive[…]