- February 1, 2018: Vol. 30, Number 2

To read this full article you need to be subscribed to Institutional Real Estate Americas

Shop talk: A conversation with John Levy

by Loretta Clodfelter

John Levy is president of John B. Levy & Co. Levy and partner Michael Giliberto recently launched the Giliberto-Levy High Yield Real Estate Debt Index (G-L 2), which is the first third-party measure to monitor high-yield commercial mortgage debt performance. The index was designed to complement the Giliberto-Levy Commercial Mortgage Performance Index (G-L 1), which launched in 1993 and provides a quarterly performance benchmark for investments in private market first-mortgage real estate debt. Levy spoke with editor Loretta Clodfelter about the new index and how it fits into the broader real estate debt environment. The following has been edited for length and clarity.

To start, can you briefly describe the Giliberto-Levy High Yield Real Estate Debt Index?

Can I back up just a minute? We should start with the G-L 1, which is our original institutional index, because it will give you an understanding of why we needed G-L 2.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.