{"id":393937,"date":"2010-03-05T10:57:02","date_gmt":"2010-03-05T15:57:02","guid":{"rendered":"http:\/\/www.businessinsider.com\/michael-panzner-check-out-these-incredibly-damning-charts-about-commercial-real-estate-2010-3"},"modified":"2010-03-05T10:57:02","modified_gmt":"2010-03-05T15:57:02","slug":"three-reasons-to-be-depressed-about-commercial-real-estate","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/393937","title":{"rendered":"Three Reasons To Be Depressed About Commercial Real Estate"},"content":{"rendered":"<p class=\"entry-header\"><em>(This guest post originally appeared at the <a href=\"http:\/\/www.financialarmageddon.com\/2010\/03\/three-thousand-words.html\">author&#8217;s blog<\/a>)<\/em><\/p>\n<p class=\"entry-header\">If a picture is worth a&nbsp;1,000 words, then three images detailing the trouble still brewing in the commercial real estate market must be worth, er, three times as much. Right? (Unless, of course, you&#8217;re a permabull who can&#8217;t&nbsp;&#8212; or refuses to &#8212; see just&nbsp;how things are adding up.)<\/p>\n<p>1. From Realpoint Research&#8217;s most recent <a href=\"https:\/\/www.realpoint.com\/PublicDocDisplay.aspx?i=6Z4f4G6%2b0QA%3d&amp;m=i0Pyc%2bx7qZZ4%2bsXnymazBA%3d%3d&amp;s=LviRtUKXqs8kml5dHt7FTeE2SZmY0Fvqd4iX49Mk%2f9UapyiFTEO6TA%3d%3d\">&#8220;Monthly Delinquency Report&#8221;<\/a> (also featured in my latest <a href=\"http:\/\/www.financialsense.com\/Market\/panzner\/2010\/0304.html\">&#8220;Market Observation&#8221;<\/a> for Financial Sense Online):<\/p>\n<p><a href=\"http:\/\/panzner.typepad.com\/.a\/6a00d83451591e69e20120a8fce54d970b-pi\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b9127b17f8b9ae849260200\/cre.jpg\" border=\"0\" alt=\"CRE\" \/><\/a><\/p>\n<p>2. From <a href=\"http:\/\/www.markit.com\/en\/products\/data\/indices\/structured-finance-indices\/cmbx\/cmbx-prices.page?\">Markit<\/a>, the AA-rated tranche of a synthetic index referencing 25 commercial mortgage-backed securities (hat tip to <a href=\"http:\/\/econblogreview.blogspot.com\/2010\/03\/commercial-real-estate-values-declining.html\">EconBlog Review<\/a>):<\/p>\n<p><a href=\"http:\/\/panzner.typepad.com\/.a\/6a00d83451591e69e20120a8fd1775970b-pi\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b9128277f8b9a11060d0300\/cre.jpg\" border=\"0\" alt=\"CRE\" \/><\/a><\/p>\n<p>3. From Reis, Grubb &amp; Ellis (via <a href=\"http:\/\/cvcre.blogspot.com\/2010\/01\/commercial-real-estate-vacancy-rates.html\">Central Valley Commercial Real Estate Blog<\/a>):<\/p>\n<p><a href=\"http:\/\/panzner.typepad.com\/.a\/6a00d83451591e69e201310f6479e7970c-pi\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b91288e7f8b9a0e07790000\/cre.jpg\" border=\"0\" alt=\"CRE\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.financialarmageddon.com\/\"><strong>Read more market commentary at Financial Armaggedon &gt;<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/michael-panzner-check-out-these-incredibly-damning-charts-about-commercial-real-estate-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/finally-heres-your-latest-snapshot-of-the-housing-market-2010-2\">FINALLY! Here&#8217;s Your Latest Snapshot Of The Housing Market<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/hong-kong-moves-to-pop-its-property-bubble-2010-2\">Hong Kong Pricks Its Property Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/brian-kellys-tiger-cub-asian-century-quest-the-yen-is-a-lightning-rod-for-changing-sentiments-about-currencies-2010-2\">Tiger Cub Brian Kelly: Chinese Real Estate Is Not A Bubble<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/yNtFYmGMeRA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This guest post originally appeared at the author&#8217;s blog) If a picture is worth a&nbsp;1,000 words, then three images detailing the trouble still brewing in the commercial real estate market must be worth, er, three times as much. Right? (Unless, of course, you&#8217;re a permabull who can&#8217;t&nbsp;&#8212; or refuses to &#8212; see just&nbsp;how things are [&hellip;]<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-393937","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/393937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/264"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=393937"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/393937\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=393937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=393937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=393937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}