Trepp released the First Quarter 2023 LifeComps Total Return Index report, which found positive signs of improving commercial mortgage yields as new trends emerge.
NEW YORK, May 25, 2023 /PRNewswire-PRWeb/ — Trepp, a leading provider of data, information and technology solutions for the structured finance, commercial real estate (CRE) and banking markets, has released the report on first-quarter 2023 returns for its Life Insurance Commercial Mortgage Index. The report found that while total returns are beginning to stabilize, office distress has increased in the mortgage market. Instantly download the report here: https://www.trepp.com/instantly-access-q1-2023-life-comps-report
In the first quarter of 2023, LifeComps participants reported a commercial mortgage total return of 2.5%, with a 1.4% contribution from price appreciation. This is a positive sign for the market after the index posted a negative 10.1% annual total return in 2022.
“If the Fed completes its hike cycle, the pause in rate hikes will help prices recover over the next few quarters,” said Benqing Shen, director of product management at Trepp and author of the report. “Last time we saw this in 2019, the LifeComps Index returned 11% in Q3 2019 on an annual basis.”
The LifeComps Commercial Mortgage Index remains the only published benchmark for CRE mortgages based on actual performance data and cash flows collected from participating life insurance companies. Access our report to see the latest results of this historical performance index: https://www.trepp.com/instantly-access-q1-2023-life-comps-report
For more information, contact Trepp at [email protected] or 212.754.1010. Visit http://www.Trepp.com for more information on LifeComps.
The LifeComps™ Commercial Mortgage Index is the only published benchmark for the private commercial mortgage market based on actual mortgage cash flow and performance data that has been collected quarterly from life insurance companies participants since 1997. LifeComps provides a quantifiable index of investment performance and serves as a benchmark for commercial real estate mortgages held by individuals.
Trepp, founded in 1979, is the leading provider of data, information and technology solutions for the structured finance, commercial real estate and banking markets. Trepp provides primary and secondary market players with the solutions and analytics they need to increase operational efficiency, information transparency and investment performance. From its offices in new York And London, Trepp offers its clients products and services to support trading, research, risk management, monitoring and portfolio management. Trepp’s subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is 100% owned by Daily Mail and General Trust (DMGT).
Riley CoxTrepp Inc., 2127541010, [email protected]
SOURCE Trepp Inc.