Trepp and Commercial Real Estate Direct released the Q1 2024
edition of the Quarterly Data Review (QDR), offering in-depth
analysis and insights into the commercial real estate and CMBS
markets, following persistent troubles in the office sector, and
rising distress across the board.
NEW
YORK, April 30, 2024 /PRNewswire-PRWeb/ --
Trepp, a leading provider of data, insights, and technology
solutions to the structured finance, commercial real estate (CRE),
and banking markets, and Commercial Real Estate Direct, a
publication that brings high-end news and information to CRE
professionals, released the Q1 2024 edition of the Quarterly Data
Review (QDR). This magazine provides a comprehensive overview of
the data, trends, and activity in the CRE finance markets. Access
the QDR magazine here:
https://www.trepp.com/q1-2024-quarterly-data-review
"Looking at the data, we can see how some
apartment properties, particularly in the Sunbelt region, that were
financed while interest rates were extremely low might face
challenges getting refinanced," said Orest
Mandzy, Managing Editor of CRE Direct.
The QDR magazine leverages data and insights from Trepp and
Commercial Real Estate Direct to reveal trends in the commercial
real estate market. This comprehensive resource compiles all
relevant data from the first quarter in one place.
Markets continued to face trouble in Q1, with CMBS delinquency
volumes increasing by 2.46% and special servicing volumes also
increasing by 6.58%. CRE lending spreads also tightened in Q1 2024
across all property types, with the retail sector seeing the
biggest tightening. New supply pressures are impacting rents and
we're starting to see stress in recent vintage multifamily.
"Looking at the data, we can see how some apartment properties,
particularly in the Sunbelt region, that were financed while
interest rates were extremely low might face challenges getting
refinanced," said Orest Mandzy,
Managing Editor of CRE Direct. "But the office sector remains CRE's
biggest worry. That is what's driving CMBS delinquency and special
servicing rates."
The magazine explores the evolving CRE market, analyzing
tightening lending spreads, skyrocketing CMBS issuance, rising
delinquency and special servicing volumes, and much more.
Access The Q1 2024 QDR Magazine here:
https://www.trepp.com/q1-2024-quarterly-data-review
For more information on the QDR Magazine or any of the analyses,
email press@trepp.com or visit https://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 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.
Media Contact
Ennys Soydas, Trepp, Inc., 2127541010, press@trepp.com,
www.trepp.com
Twitter
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SOURCE Trepp, Inc.