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November 02, 2018  

Mortgages Post Skimpy 0.2% Return

Returns on commercial real estate loans barely stayed in positive territory in the third quarter — gaining 0.17%, according to the Giliberto-Levy Commercial Mortgage Performance Index.For the fourth quarter in a row, values of outstanding loans fell as Treasury yields rose. Loans tracked by the index saw a 92 bp decline in capital value between July and September, while income clocked in at 1.08%.The lackluster result followed a...

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