Investor demand for commercial real estate surged this summer, driven by increased liquidity in the credit markets.
Competitiveness in investment sales transactions reached its highest point in more than a year, while competition from the credit markets is higher than JLL has ever recorded, according to quarterly bidding and credit indexes the company released this week. For July CRE transactions, JLL recorded the second-highest number of unique bidders in the last five years.
"Liquidity is back — and building," JLL CEO of Capital Markets Richard Bloxam said in a statement. "The exceptional strength we have seen in credit markets over the past year is now directly propelling transaction activity."
Lender confidence has spread into the equity market with buyers stepping up with clear intent on larger deals, Bloxam said.
That momentum was recorded in JLL's Global Bid Intensity Index and Global Credit Intensity Index. The former measures bidder activity on investment sales transactions and the difference between winning bids and asking prices. The latter tracks the number of lenders quoting on loans and the average winning loan-to-value ratio.
#markets #recorded #liquidity
Competitiveness in investment sales transactions reached its highest point in more than a year, while competition from the credit markets is higher than JLL has ever recorded, according to quarterly bidding and credit indexes the company released this week. For July CRE transactions, JLL recorded the second-highest number of unique bidders in the last five years.
"Liquidity is back — and building," JLL CEO of Capital Markets Richard Bloxam said in a statement. "The exceptional strength we have seen in credit markets over the past year is now directly propelling transaction activity."
Lender confidence has spread into the equity market with buyers stepping up with clear intent on larger deals, Bloxam said.
That momentum was recorded in JLL's Global Bid Intensity Index and Global Credit Intensity Index. The former measures bidder activity on investment sales transactions and the difference between winning bids and asking prices. The latter tracks the number of lenders quoting on loans and the average winning loan-to-value ratio.
#markets #recorded #liquidity
2 days ago
