Trepp, Inc.

📽️In Trepp, Inc.'s June Market Pulse Webinar, our experts analyzed the drop off in commercial mortgage origination volumes for bank-held commercial real estate loans. Origination volumes saw downticks across the board in Q1, decreasing to a total of $3.2 billion in originations from $4.0 billion in Q4 2023. The industrial sector saw the largest decline of 82% from the pre-Covid trend to now. Download the Q1 2024 T-ALLR Report to access all the data📩 https://hubs.li/Q02GdVWK0 #Trepp #TheTreppWirePodcast #CRE #CMBS #DefaultRates #CommercialRealEstate #BankCRE #TALLR

📣 Seeking a new opportunity? Trepp, Inc. is looking for an innovative, driven, and strategic CLO Product Manager for our London or New York offices. In this role, you will be responsible for developing the product strategy for our CLO products and establishing a clear roadmap based on ongoing customer and persona research. For further information: https://hubs.li/Q02G3ksb0 Learn more about a career at Trepp here: https://hubs.li/Q02G3tf90 Connect to learn more: Niki Lee Victoria Kui, MSIO, SHRM-CP #TreppJobOpenings #Trepp #CLO #CRE #CLOs #NYC #HybridWork #CLOData #CLOProductManager

📈Leverage has decreased across the nationwide multifamily and office markets. From the 2021 peak to the 2023 trough, weighted average multifamily loan-to-value (LTV) ratio is down 9.39%, while office LTV is down 14.95%. Multifamily spreads peaked in 2020 at 285 bps, and from the peak of leverage in 2021 to the trough in 2023, spreads simultaneously tightened 39.15%. Meanwhile, office spreads continued to widen from their trough of 181 bps in 2021, to their current and all-time high of 302 bps in 2023 (up 66.77%). Trepp, Inc.'s data point of the day comes from TreppCRE. Request a demo for more: https://hubs.li/Q02G1CDV0 Want to receive our data point of the day straight to your inbox and join our growing list of CRE professionals receiving daily content? Sign up for "The Rundown" by Trepp: https://hubs.li/Q02G1G-f0 #Trepp #CommercialRealEstate #TreppWire #CRE #CRENews #TreppRundown #TreppDPOTD #Office #Multifamily #Spreads #TreppCRE

🆕 The Trepp, Inc. CMBS Special Servicing Rate ticked up slightly in June, rising 2 basis points to 8.23%. Despite this month’s increase being minimal, the rate itself remains at a very elevated level. Mixed-use special servicing rose the most in June. The office rate also rose, increasing 27 basis points after its first decline of the year one month prior. Download Trepp's latest special servicing report here 📩 https://hubs.li/Q02G1CVK0 #Trepp #CRE #CMBS #SpecialServicing #CommercialRealEstate #Office #Retail #Multifamily #Lodging #Industrial #MixedUse

🏦 Did you know Trepp has models that can predict changes in bank earnings? Trepp, Inc. consulted our Capital Adequacy Stress Test (T-CAST) model to see what it would predict for the top four banks in the US ranked by asset size. Trepp’s model is projecting a larger year-over-year (YoY) decrease in bank earnings in Q2 2024. TCAST projects lower revenues for the largest banks in Q2, with revenues projected to decrease annually by 6.1% in Q2, compared to the actual YoY increase of 2.0% that these banks experienced in Q1 2024... Click here to read Trepp's Q2 2024 Bank Earnings Preview: https://hubs.li/Q02FVds30 #Trepp #CommercialRealEstate #CRE #BankEarnings #TALLR #Banking #CommercialMortgages #TCAST

📰 Trepp, Inc. featured in The New York Times. “If regional banks and large investment banks decide they’re not going to be making multifamily loans, then Fannie and Freddie will simply get more of the business,” said Lonnie Hendry, CRE, Chief Product Officer at Trepp. “Moreover, while offices are being hit by a major shift in work patterns, people still need places to live, which ought to support the multifamily sector over the longer term," Mr. Hendry said. See the article by Joe Rennison and Julie Creswell here: https://hubs.li/Q02FNhly0 #Trepp #TheNewYorkTimes #CommercialRealEstate #CRE #Multifamily #Office #Apartment #Sunbelt #RegionalBanks

📽️Were you able to catch Trepp, Inc.'s June Market Pulse Webinar? Our experts covered all the data from the Q1 2024 Bank CRE Loan Performance Report, including the latest CRE mortgage delinquency data. Most property types saw slight upticks in the delinquency rate in Q1 2024. After dropping off in Q4 2023, the office rate jumped jumped back up by 70 basis points, reaching 6.00%. Download the Q1 2024 T-ALLR Report to access all the data📩 https://hubs.li/Q02Ftb8p0 #Trepp #TheTreppWirePodcast #CRE #CMBS #DefaultRates #CommercialRealEstate #BankCRE #TALLR

📈Have you read Trepp, Inc.'s June 2024 CMBS delinquency report? On the latest episode of The TreppWire Podcast, the team analyzes the June figures, as the overall delinquency rate increased 38 basis points to 5.35%. In the office sector, the delinquency rate experienced an increase of 61 basis points after declining in May... This episode is sponsored by CREi Summit. Tune in now at 39:28 🔊https://hubs.li/Q02FBwD50 Download Trepp's June CMBS Delinquency Report 📩 https://hubs.li/Q02FBBxV0 #Trepp #TheTreppWirePodcast #TreppWire #CRE #CommercialRealEstate #CMBS #Office #Retail #Multifamily #Insurance #Lodging #RegionalBanks #Delinquency

📰From the seasoned experts that brought you The TreppWire Podcast, 'The Rundown' is your go-to daily newsletter for staying informed about the most relevant news, developments, and transactions in the commercial real estate market. Check out some of last week's top stories: 🔹100 North Tampa Office Sold for $151M 🔹Woodfield Development Gets $53.7M Loan for Nashville, TN, Apartments 🔹The Milestone Group Buys Delray Beach, Fla., Apartments for $111.64M 🔹226-Unit Apartment Property in Hackensack, NJ, Sells for $86M 📝Click here to sign up for The Rundown to receive Monday morning's edition: https://hubs.li/Q02FsTB50 #Trepp #TreppWire #TheTreppWirePodcast #TreppRundown #DailyNewsletter #CommercialRealEstate #CRE #CMBS #RealEstate

🏃♂️This week, Trepp, Inc.'s London office from across the pond participated in the J.P. Morgan Corporate Challenge in Battersea Park. Well done to everyone for completing the 3.5-mile circuit before celebrating with some food, drink, and tired laughs! Huge shout out to Alistair McKeogh who completed the race in just 23 minutes🥇 Thanks also to Trepp's Multicultural Employee Resource Group (TreppMERG) for organizing the event! Learn more about a career at Trepp: https://lnkd.in/eeQHmtQK #Trepp #Treppies #TreppLondon #TreppMERG #TeamTrepp #JPMorganCorporateChallenge #JPCC2024 #London #BatterseaPark