X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

<!– this comment prevents auto wrapping of urls –>

Click here for the full interview.

DALLAS-”New normal is in the 65% leverage range,” executive director Spencer Levy of CB Richard Ellis explained at the RealShare Distressed Assets Conference. The recent market follies were an “over reaction to a tremendous amount of capital flooding the space as an epilogue to what happened with the tech space in the 2000s.”

Speaking to John Salustri, editorial director of ALM’s Real Estate Media Group, Levy predicted that CMBS deals will get done soon, most likely by large holders of unencumbered institutional real estate.

To see the full interview in our new digital newsletter “Distressed Assets Investor”, click here: http://anax5a.pressmart.com/DistressedassetsInvestor/index.aspx?issue=issue02&page=11

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.