Finance (Research Center)

Hero Way West in Leander, Texas

Freehill Moves Forward With Greater Austin Project

Hero Way West is part of the company’s 1.1 million-square-foot development initiative in the region.

Source: Mortgage Bankers Association

Commercial and Multifamily Mortgage Delinquency Rates Remain Low in Fourth Quarter 2022

Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report, released earlier this month.

Source: MSCI

US Property Deals Slumped, Price Growth Withered in Q4

2022 was the second-strongest year for sales on record, behind 2021.

CRE Lending to Slip in 2023, MBA Predicts

After a 5 percent decline, volume is expected to bounce back next year.

Source: Trepp

2022 Special Servicing Rates

The Trepp CMBS Special Servicing Rate dropped three basis points in December to 5.17 percent.

Source: Trepp

2022 CMBS Delinquency Rates

The Trepp CMBS Delinquency Rate in December was 3.04 percent, an increase of five basis points from November.

Commercial and Multifamily Mortgage Debt Outstanding Increased by $70 Billion in Third-Quarter 2022

Total commercial/multifamily mortgage debt outstanding rose to $4.45 trillion at the end of the third quarter.

Commercial/Multifamily Borrowing Declines 13% in Q3

Year-over-year, office originations fell the most, according to the Mortgage Bankers Association.

Commercial/Multifamily Lending Expected to Fall in 2022 Due to Ongoing Economic Uncertainty

Commercial/Multifamily borrowing and lending started the year on strong footing, but higher rates and economic uncertainty have impacted demand and activity during the second half of the year.

Commercial/Multifamily Mortgage Debt Outstanding Increased by $99.5 Billion in Second-Quarter 2022

The first half of 2022 saw more commercial and multifamily borrowing and lending than any previous January through June, according to MBA.