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Insights on The 2012 Capital Stack: Real Estate Finance Panel Discussion

Join us on Thursday, April 26, for an insightful panel discussion led by industry experts including Mike Riccio, Senior Managing Director at CBRE Capital Markets, and Jim Lagasse, Vice President at Cornerstone Real Estate Advisers. This event, organized by the Real Estate Finance Association, will explore the intricacies of the 2012 Capital Stack, providing valuable perspectives on real estate finance strategies and market trends. Don't miss this opportunity to gain knowledge from seasoned professionals in the field.

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Insights on The 2012 Capital Stack: Real Estate Finance Panel Discussion

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  1. :: Mike Riccio Senior Managing Director Co-Head National Production CBRE Capital Markets Real Estate Finance Association The 2012 Capital Stack THURSDAY APRIL 26 Panelists: :: Jim Lagasse Vice President Cornerstone Real Estate Advisers :: Greg Marks Senior VP-Director RAIT Financial Trust :: Zach Calinoff Director UBS Securities, LLC Moderated By:
  2. COMMERCIAL REAL ESTATE BROKERS
  3. Vacancy & Availability *estimated Source: CBRE Econometric Advisors
  4. Total Market Sales Benchmark Source: Real Capital Analytics
  5. 2009 2007 2012 Today Loan Breakout Capital Stack Evolution From 2007 2012 Source: Mortgage Bankers Association, CBRE EA
  6. Financing Returns to Normalized 2005 Numbers
  7. Debt Yield (Lender Cap Rate) NOI Loan = DY
  8. LTV’s
  9. Mezz Loans/ Pref. Equity
  10. I/O
  11. Sponsorship: Offshore?
  12. CMBS- Back?
  13. Overbuilding Apts?
  14. Development: Office, Industrial, Retail?
  15. Loan Rates: Where to?
  16. Loan Pricing Matrix
  17. Recourse
  18. Obama
  19. Questions?? Thank You!
  20. Who’s Lending & Where? Major Metro Secondary Tertiary CMBS Financial Gov’t Agency Insurance In’tl Bank Nat’l Bank Reg’l/Local Bank PVT/Other
  21. Who is Lending? Are Lenders Making $$$? Source: CBRE Econometric Advisors, Q4 2011
  22. Substantial Loan Maturities Will Occur Source: CBRE Investors, Foresight Analytics 4Q 2010 Update
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