September 30, 2022
CREFC is pleased to provide its Compendium of Commercial and Multifamily Real Estate Finance Statistics, a compilation of data on the current state of the CRE debt capital markets, for the second quarter of 2022. The report tracks data on a quarterly basis across various categories including securitized and balance sheet lending, the CRE property markets, and key economic indicators impacting the CRE finance industry.
CRE Debt data included:
CRE Property Data included:
Economic Indicators Data included is:
And much more.
Click here to download the full report. Contact Raj Aidasani for more information on CMBS loan performance.
September 27, 2022
CRE Finance Council has released a report on CMBS loan performance for the month of August.*
DELINQUENCY RATE DROPS BELOW 3%, LOWEST POST-COVID
SPECIAL SERVICING RATE NOTCHES FIRST INCREASE IN TWO YEARS
AUGUST REMIT REALIZED LOSSES
*Source: Trepp. CMBS data in this report reflect a total outstanding balance of $633.9 billion: 60.7% ($384.7B) conduit CMBS, 39.3% ($249.2B) single-asset/single-borrower (SASB) CMBS.
September 26, 2022
Last week, the seven largest U.S. retail banks appeared in marathon hearings before the House Financial Services Committee and the Senate Banking Committee. The witnesses included CEOs of Bank of America, Citigroup, JPMorgan Chase, PNC, Truist, U.S. Bancorp, and Wells Fargo.
What they're saying: Overall, the hearings were a mix of bipartisan praise and criticism on a number of topics. Here are the topics most relevant for CREFC members:
The bottom line: Unlike hearings of the past, there were not calls for breaking up big banks. Rep. Pete Sessions (R-TX) was the most effusive in his praise:
Our members shape the commercial real estate finance industry with our advocacy initiatives. Through a collaborative process with our members, CREFC develops official policy positions that are presented as needed to legislators and regulators. These policies are developed through participation in our forums. CREFC also maintains fact sheets in online and PDF format on all major CRE issues and informs members weekly of the latest regulatory developments. To make a difference in the direction of our industry, sign up for a forum and participate in our advocacy efforts below. Contact Justin Ailes with any CREFC policy or advocacy questions.
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The mission of the Young Professionals (YP) Network is to provide a platform for junior CRE finance professionals to foster meaningful business relationships and gain relevant industry knowledge through networking events, seminars and panels.
YP programming events are developed by YPs – so the content is current and applicable in their daily work. Each YP educational event includes a networking aspect to build and foster industry relationships with both peers and seasoned industry leaders. YPs are surveyed by region for ideas for future programming to ensure educational and industry needs are met.
Additionally, there are networking only events held in a more relaxed atmosphere where YPs can mingle among their peers.
There is a discounted rate to conferences and seminars for those CREFC Members 30 years of age or younger. To sign up for the 30 and Under Program Rate join the network and ensure that you check off the box “I would like to sign up to receive the “30 and Under Program Rate”. You will be required to submit photo ID to be approved for the discounted program rate.
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The affairs of CRE Finance Council are managed by a Board of Governors, selected from the general membership, which meets at least two times a year. During the periods the Board is not convened, the Executive Committee has full authority to transact all CRE Finance Council business. The Executive Committee is made up of the chairman, chairman-elect, vice president, secretary, treasurer, membership chair, administrative executive, as well as four additional Executive Committee members. View the CREFC By-Laws.
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