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Sharp Increase in Year-End Commercial Real Estate Financings Indicated by Capdominus’ Transaction Metrics
By: Business Wire
Nov. 28, 2012 07:10 AM
Capdominus, the largest Web-based capital markets platform for the financing of commercial real estate, announces today that the total volume of commercial real estate financings on its platform rose 77% in the first 45 days of the fourth quarter 2012 versus the third quarter of 2012 while the total number of financings has increased 46.5% over the same period, signaling an expected increase in year-end financing activity according to Capdominus.
Since Capdominus’ launch in July 2012, over $5 billion in commercial real estate debt and equity financings have been marketed on Capdominus and more than 18,000 commercial mortgage lenders and real estate private equity funds are now on our platform.
Capdominus’ transaction metrics also forecast multifamily driving fourth quarter financings as multifamily properties represent over one-third of pending transactions, three times that of any other property type. According to Capdominus, more than half of the proposed financings are stabilized properties with 40% split evenly between ground-up construction and value add repositioning projects. Capdominus’ transaction metrics also reveal that most proposed financings of development and repositioning projects are limited to the core markets while more than 60% of the financings for properties outside of the core markets are either multifamily properties or fully-leased retail properties.
About Capdominus, LLC
Capdominus provides capital markets professionals comprehensive transaction management tools alongside the latest capital markets intelligence so they develop the right capital relationships for any deal, increase speed to market and expedite closing by up to 10 days.
Our customers include over 40 brokerages, several top 20 financial intermediaries and other capital markets professionals. Customers on our network close over $4 billion in financings annually with more than 18,000 capital sources.
Capital markets professionals sign in to access the latest profiles, criteria and updates for more than 18,000 commercial mortgage lenders and real estate private equity funds. Then, our customers tap into this network intelligence with iDealMatchTM to quickly identify, research and develop relationships with the best sources of capital for each deal. Our customers securely share deal information through iDiligence™, monitor real-time deal activity and respond immediately to expedite closing by up to 10 days. By simply managing a transaction, our customers build valuable capital markets intelligence.
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