Trepp and Commercial Real Estate Direct released the 2023 edition of The Year-End Magazine, a recap of the CRE finance and CMBS markets which found that following a tumultuous 2023, falling rates bring optimism for 2024.
NEW YORK, Jan. 8, 2024 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets, in collaboration with Commercial Real Estate Direct, a daily news source covering the real estate capital markets, released The 2023 Year-End Magazine, a comprehensive recap of the CRE finance and CMBS markets. Access the magazine here: https://www.trepp.com/trepp-cre-direct-year-end-magazine-2023-cred
The magazine, which brings together thought leadership and data analysis from Trepp, CRE Direct, and analysts from across the CRE industry, provides a thorough examination of real estate asset classes, CMBS data, and regulatory news and trends.
In this edition of the magazine, analysts delved into the aftermath of a challenging year for CRE markets as distress mounted. The impact of higher interest rates, coupled with economic and geopolitical uncertainty, forced many players to become even more risk-averse in 2023.
"The mountain of maturing loans continues to increase and we're looking at an unprecedented $2.81 trillion of maturing CRE loans through 2028. This year, $544.3 billion of that comes due and just more than half of it is held by banks," said Orest Mandzy, Managing Editor of CRE Direct. "But there's some good news, interest rates started declining near the end of the year, which could ease the pressure on borrowers and lenders facing huge volumes of maturities."
Within the magazine, readers will find insights into various topics such as the mortgage maturity wave, CMBS defeasance, CMBS delinquency and special servicing volumes, bank CRE lending, what's in store for CRE in 2024, and more. Instantly access The Year-End Magazine here: https://www.trepp.com/trepp-cre-direct-year-end-magazine-2023-cred
For more information on The Year-End Magazine or any of the data and commentary featured, email [email protected] or visit http://www.Trepp.com. Follow @TreppWire and @crenewstweets on Twitter for daily CRE and CMBS market updates.
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 is owned by the 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.
SOURCE Trepp Inc.