Trepp released its report on the performance of CRE bank loans in the second quarter of 2021, based on an examination of trends in Trepp’s Anonymized Loan-Level Repository (T-ALLR) dataset, comprised of loan data from bank balance sheet, a diversified set of loans totaling more than 160 billion dollars from several banks.
NEW YORK, September 28, 2021 / PRNewswire-PRWeb / – Trepp, a leading provider of data, information and technology solutions to the structured finance, commercial real estate and banking markets, released the Loan Performance Report CRE bank accounts for the second quarter of 2021 using its T-ALLR data. Instantly download the report here: https://www.trepp.com/cre-bank-loan-performance-q2-2021-tallr-report.
Overall commercial real estate (CRE) delinquency rates are on the decline after a modest increase in 2020, but individual real estate sectors – like hardest hit, accommodation and retail – are experiencing high delinquency rates. higher due to the intense recession of 2020.
In addition, bank risk ratings indicate regional and real estate-type concerns that are not uniform. The 2020 recession is also being felt in the decline in the volume of new commercial mortgage origination.
The analysis here is primarily built on examining trends in Trepp’s Anonymized Loan-Level Repository (T-ALLR) dataset. T-ALLR data consists of loan data from the bank balance sheet, a diverse set of loans totaling more than 160 billion dollars from several banks.
CRE mortgage delinquencies recently peaked at 1.3% in the fourth quarter of 2020 as the pandemic disrupted economic activity across a wide range of geographies and sectors. Since the end of 2020, the economic recovery that began in the second half of last year has helped lower mortgage default rates, with modest improvements in the first and second quarters of 2021.
In the second quarter of 2021, CRE’s overall default rate stood at 1.1%, while the non-current rate (more serious defaults) stood at 0.9%, both still above their levels. ‘before the pandemic.
The highest crime rates are found in accommodation and retail types, the two commercial real estate sectors that have been hit hardest by the pandemic.
For more information and to view the full report, including data on delinquent and non-current loans, default rates by property type, loans criticized by region, and commercial mortgage creation volume, click here: https://www.trepp.com/cre- Bank-loan-performance-q2-2021-tallr-report.
Contact Trepp at firstname.lastname@example.org or 212.754.1010 and visit http://www.Trepp.com for more information.
The Trepp Anonymous Loan Level Repository (T-ALLR) provides banks with anonymized and summary loan level data for the development of CCAR, DFAST and other PD, LGD and benchmarking models. The T-ALLR data stream is derived from data provided by participating banks.
Trepp, founded in 1979, is the leading provider of data, information 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 efficiency, information transparency and investment performance. From its offices in new York, San Francisco, and London, Trepp provides products and services to its clients to support trading, research, risk management, monitoring and portfolio management. Trepp’s subsidiary, Commercial Real Estate Direct, is a daily source of information covering the commercial real estate capital markets. Trepp is 100% owned by Daily Mail and General Trust (DMGT).
Hayley keen, Trepp, Inc., 2127541010, email@example.com
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SOURCE Trepp, Inc.