investment-grade property

investment-grade property

A term used to describe property felt to be of sufficient size and quality to be an attractive purchase target by one of the large institutional portfolios, such as retirement funds or insurance companies.

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Using the independently assessed GBP605 million market value for its business, the asset base would be small for an investment-grade property company despite Pinewood Group having a financial profile commensurate with this rating level.
This facility is an investment-grade property that is well-maintained and conveniently located in Middlesex County, an area that continues to be in high-demand for industrial companies that are looking for flexible space with frontage on the New Jersey Turnpike," commented Scott Belfer.
Norm Miller, vice president of analytics with CoStar, said that while nationwide investment-grade property buyers often attract more attention in the media, "average investors" -- buyers who nab strip malls and small apartment buildings rather than skyscrapers -- are a worthy set to follow.
Although investors may substitute between low- and high-quality investment-grade property of the same type and within the same market, differences in property quality can cause large variations in overall capitalization rates.
Table 1 summarizes the characteristics of each investment-grade property
Reliant's services include underwriting, due diligence, date verification, re-underwriting, site inspections, market analysis, support for CMBS transactions, investment-grade property analyses and B-piece investment analyses for commercial real estate properties across the country.
The main cause of the lack of activity in investment-grade property sales is the absence of both bank and equity financing, said Gallin, although that is abetted by the poor image of New York city itself.
Features include: the CMBS Pipeline, which contains details about upcoming and completed CMBS deals, and the Property Transaction Database, which provides market intelligence on investment-grade property sales.
Eastern Consolidated Properties, reported closing the following investment-grade property sales transactions since March.