According to Trepp and its LifeComps Index, participants have seen a total return of 0.68% in the second quarter of 2024. That includes 1.17% of income return reduced by -0.49% of appreciation return.
Given that a rate cut didn't come until mid-September, performance in Q3 is likely to be the same.
Insurance companies tend to get involved with CRE financing through longer-term mortgages as a way of hedging against inflation while preserving access to cash at pre-determined times.
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.