realestate

Commercial Real Estate Trends Q3 2024: Navigating Office Sector Volatility

Trepp Provides Data, Insights, and Technology Solutions for Structured Finance and CRE Markets.

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repp and Commercial Real Estate Direct have released the Q3 2024 edition of their Quarterly Data Review (QDR), offering in-depth analysis of the commercial real estate and CMBS markets amidst office market turbulence.

    The QDR provides a comprehensive overview of data, trends, and activity in CRE finance markets. It leverages data from Trepp and Commercial Real Estate Direct to reveal trends in the CRE market, compiling all relevant third-quarter data in one place.

    Office loans have been a major focus since the pandemic, with $20.39 billion, or 12.58% of office loans, now with special servicers as of Q3 2024 – up over 45% from the start of the year. "The office sector is arguably overdeveloped," said Orest Mandzy, Managing Editor of CRE Direct. "But other property types like hotels and apartments are facing challenges too."

    The magazine explores delinquency and special servicing volumes, office and hotel REIT performance, and CMBS issuance, which has been strong this year.

    Access the Q3 2024 QDR Magazine here: https://www.trepp.com/q3-2024-quarterly-data-review

    Trepp is a leading provider of data, insights, and technology solutions to structured finance, commercial real estate, and banking markets. Commercial Real Estate Direct is a daily news source covering commercial real estate capital markets.

    For more information on the QDR Magazine or analyses, email [email protected] or visit https://www.Trepp.com. Follow @TreppWire and @crenewstweets for daily CRE and CMBS market updates.

Office buildings amidst cityscape with arrows indicating market trends and volatility.