News
CMBS Boom
December 1, 2010
Equity is flowing toward high-quality assets and value-add opportunities, Walton Street Capital's managing principal Jay Weaver tells us. But the biggest change from 2010 to 2011 in the capital markets may be a quadrupling of CMBS activity. |
Jay is speaking at Bisnow's upcoming Capital Markets Breakfast & Schmooze at 155 N. Wacker on Dec. 14. With his company recently investing in a turnaround project in northern San Jose and refinancing their own hotel in the Houston Galleria (above), Jay thinks that hotel and office are the asset classes that will get the most attention from equity investors in the upcoming year. Big goals for Walton Street in 2011 include investing the remainder of their sixth fund and regaining value in legacy funds. You can join Jay, an all-star panel, and hundreds of your colleagues by signing up now. |