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:  Source:  Also in the news, Buying Distressed Real Estate Requires Thorough Due Diligence:  Source:  Glendale Looks to Resurrect Redevelopment:  Source:  Nordstrom Sets Opening Date at Glendale’s Americana at Brand:  Source: