Outstanding CRE debt hit a new record in the third quarter at $5 trillion, fueled by liquid capital markets and pricing strength throughout commercial real estate asset classes.
New analysis from Trepp's Matt Anderson notes that while some lenders paused lending in 2020, others—mostly GSEs, life companies and REITs—filled the void.
"The unabated growth of the CRE debt market has resulted in an increasing volume of CRE loans maturing in the next several years," Anderson says. Annual maturities will reach an estimated $452 billion in 2022, a new annual record."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
