Overcoming the pain of an uncertain future

CMBS special services and backlogs have also increased significantly this year. In the office sector alone, the balance of approx $17.94 billion is currently in the hands of the secret services, which means an increase of almost 28% compared to the end of last year. The scale of crime in the CMBS world has reached levels not seen since 2021.

“It should come as no surprise to anyone involved in CRE that a large portion of mortgage loans go into refinancing each year. “It’s the nature of the beast because commercial mortgages typically don’t fully amortize over their lifetime,” he said Orest Mandzy, editor-in-chief of CRE Direct. “So every year we see between 7% and 12% of mortgages come up for renewal. “Each year, lenders and borrowers come to terms on most deals, and many loans are refinanced.”

Readers can find a variety of articles in this issue that provide insight into topics such as mortgage maturities at lease extension risk, rising CMBS delinquencies, credit spreads for post-pandemic CREs, spikes in CMBS specialty service volumes, and more other.

Instant access to Mid-Year magazine here: https://www.trepp.com/trepp-cre-direct-mid-year-2024

For more information about The Mid-Year magazine or any analysis, please email (email protected) or visit http://www.Trepp.com. Follow @TreppWire and @crenewstweets on Twitter for daily updates on the CRE and CMBS markets.

About Treppa:
Founded in 1979, Trepp is a leading provider of data, insights and technology solutions for the structured finance, commercial real estate and banking markets. Trepp provides primary and secondary market participants with the solutions and analysis needed to increase operational efficiency, information transparency and investment performance. From the offices in New York, DallasAND LondonTrepp offers its clients products and services supporting trading, research, risk management, supervision and portfolio management. Trepp’s subsidiary, Commercial Real Estate Direct, is your daily source of news covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).

About the Commercial Real Estate Direct program:
Commercial Real Estate Direct, founded in 1999 and a subsidiary of Trepp, is a daily news source covering the commercial real estate capital markets. Every day, an experienced team of editors and real estate journalists provide up-to-date market information on mortgage activity, capital raising, investment sales and CMBS. CRE Direct also provides its readers with actionable data through its real estate sales database, which provides detailed information on over 25,500 major real estate transactions, the CMBS Pricing Matrix, the industry’s only weekly pricing survey, and the CMBS Pipeline, a calendar of upcoming transactions with historical real estate information prices.

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Ennys Soydas, Trepp, Inc., 2127541010, (email protected)www.trepp.com

SOURCE Trepp, Inc.