Trepp and Commercial Real Estate Direct released the Q3 2024 edition of the Quarterly Data Review (QDR), offering in-depth analysis and insights into the commercial real estate and CMBS markets, as office troubles persist and distress continues to impact the broader market.
NEW YORK, Oct. 25, 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 Q3 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/q3-2024-quarterly-data-review
“The office sector is arguably woefully overdeveloped. That has spelled headaches for holders of loans against them,” 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 CRE market. This comprehensive resource compiles all relevant data from the third quarter in one place.
Since the global pandemic, most of the attention in the CRE industry has been aimed at the office sector. As of the third quarter of 2024, $20.39 billion of office loans, or 12.58% of that cohort, were with special servicers. That is up more than 45% since the start of the year.
“The office sector is arguably woefully overdeveloped. That has spelled headaches for holders of loans against them. We’ve spelled out the issues,” said Orest Mandzy, Managing Editor of CRE Direct. “But office isn’t the only property type in CRE. The fickle hotel sector and the apartment sector are both facing certain challenges.”
The magazine also explores topics including increases in delinquency and special servicing volumes, office and hotel REIT performance, and a recap of CMBS issuance which has been performing strongly this year.
Access The Q3 2024 QDR Magazine here: https://www.trepp.com/q3-2024-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
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SOURCE Trepp, Inc.
