Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets and Commercial Real Estate Direct released The Mid-Year Magazine 2023, a first half of the year recap of the state of the commercial real estate and CMBS markets.
NEW YORK, June 12, 2023 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets, and Commercial Real Estate Direct released The Mid-Year Magazine 2023, a first-half recap of the commercial real estate finance and CMBS markets. Access the magazine here: https://www.trepp.com/trepp-cre-direct-mid-year-2023.
The commercial real estate market is facing heavy headwinds: uncertainty surrounding office usage, resulting in increasing vacancies in many major markets, a lackluster investment-sales market, higher interest rates, and substantial mortgage maturities. That puts the sector at high risk.
In this magazine, experts from Trepp and CRE Direct have put together overviews of certain major office markets and their leasing issues, in-depth analysis on the potential refinancing risks of the $60 billion of CMBS loans that face their maturities in the coming 18 months, and an overview of the mall sector.
"Commercial real estate has been bracing for a downturn for years and indicators show that it's finally here. Delinquency rates are climbing, led by office, volumes in special servicing are up and lenders are pulling back," said Orest Mandzy, Managing Editor of CRE Direct. "But every downturn presents its own opportunities. Property values, which already have weakened when compared with their peaks less than a year ago, are likely to see further degradation. That could present compelling opportunities."
Readers can find a variety of stories within this edition that provide insights on topics such as refinancing risk for maturing CMBS loans, struggles of major office markets, multifamily lending, CMBS special servicing volumes, the defensive posture of mortgage REITs, and much more.
Instantly access The Mid-Year Magazine here: https://www.trepp.com/trepp-cre-direct-mid-year-2023
For more information on The Mid-Year Magazine or any of the analyses, email [email protected] or visit http://www.Trepp.com. Follow @TreppWire and @crenewstweets on Twitter for daily CRE and CMBS market updates.
About Trepp
Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York, Dallas, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).
About Commercial Real Estate Direct
Commercial Real Estate Direct, founded in 1999 and a subsidiary of Trepp, is a daily news source covering the commercial real estate capital markets. Each day, its seasoned staff of editors and real estate journalists delivers up-to-date market intelligence on the mortgage business, equity raising, investment sales, and CMBS. CRE Direct also provides its readers with actionable data through its Property Sales Database, which details more than 25,500 large property transactions, CMBS Pricing Matrix, the industry's only weekly pricing survey, and the CMBS Pipeline, a calendar of upcoming transactions with historical pricing information.
Media Contact
Riley Cox, www.trepp.com, 2127541010, [email protected]
SOURCE Trepp
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