Quote: Mar. 7, 2023

“There were slight upticks among loans in CMBS, life companies and banks and decreases for Fannie Mae and Freddie Mac, but the overall performance remained positive. It is likely that as higher interest rates and softer property values work through the system this year – prompted by maturing and adjustable-rate loans – loan performance will adjust.”
–Jamie Woodwell, MBA Head of Commercial Real Estate Research.