Trepp released the Q1 2023 LifeComps Total Return Index Report, which revealed positive signs of improvement for commercial mortgage performance returns, as new trends emerge.
NEW YORK, May 25, 2023 /PRNewswire-PRWeb/ — Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets has released the Q1 2023 returns report 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 total commercial mortgage return of 2.5%, with a 1.4% contribution from the price appreciation. This was a positive sign for the market after the index saw an annual total return of negative 10.1% in 2022.
“If the Fed completes its hiking cycle, the pause of rate increases will help price returns in the next few quarters,” said Benqing Shen, Director of Product Management at Trepp and report author. “The last time we saw this in 2019, the LifeComps index returned 11% as of Q3 2019 on an annual basis.”
The LifeComps Commercial Mortgage Loan Index remains the only published benchmark for CRE mortgages based on actual performance data and cash flow collected from participating life insurance companies. Access our report to see the latest findings from this historic performance index: https://www.trepp.com/instantly-access-q1-2023-life-comps-report
For more information, contact Trepp at press@trepp.com or 212.754.1010. Visit http://www.Trepp.com for more information on LifeComps.
About LifeComps™
The LifeComps™ Commercial Mortgage Loan Index is the only published benchmark for the private commercial mortgage market based on actual mortgage loan cash flow and performance data which has been collected quarterly from participating life insurance companies since 1997. LifeComps provides a quantifiable investment performance index and serves as a benchmark for privately held commercial real estate mortgages.
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About Trepp
Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).
Media Contact
Riley Cox, Trepp Inc., 2127541010, press@trepp.com
SOURCE Trepp Inc.