Trepps Bank CRE Loan Performance Report Reveals Office Charge-offs & Delinquencies Pair with Steep Declines in Occupancy & Originations in Q3 2023
Summary
"Commercial mortgage origination volumes for bank-held commercial real estate (CRE) loans fell dramatically in the third quarter, with the office sector showing the lowest origination volume in Q3 relative to the pre-Covid 2019 average quarterly origination volume for the sector," said Emily Yue, Research Analyst at Trepp. The analysis is mainly built on the examination of trends in Trepps Anonymized Loan-Level Repository (T-ALLR) data set. For more information, and to see the complete report including data on delinquent and noncurrent loans, distress rates by property type, criticized loans by region, and commercial mortgage origination volume, click here: https://www.trepp.com/instantly-access-q3-2023-tallr-report Contact Trepp at [email protected] or 212.754.1010 and visit http://www.trepp.com for more information. Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to 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.
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