Net Incomes for CMBS Property Rebound to Pre-Recession Levels

Of the loans that have reported, 63% had positive NOI growth in 2012, with the bulk of the loans (25.7%) showing growth in the 0 to 5% range. A significant percentage of loans (14.6%) had NOI growth of more than 15% in 2012.  Full story: http://bityurl.com/08b7f7.  Source: Costar.com.  Also in the news, Buying Distressed Real Estate Requires Thorough Due Diligence: http://bityurl.com/67b969.  Source: REIBusinessOnline.com.  Glendale Looks to Resurrect Redevelopment: http://bityurl.com/0f.  Source: GlendaleNewsPress.com.  Nordstrom Sets Opening Date at Glendale’s Americana at Brand: http://bityurl.com/b56b91.  Source: GlendaleNewsPress.com.