KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its Day 1 recap of the CRE Finance Council (CREFC) June Conference 2023. CREFC returned to New York City for its annual June conference, drawing an attendance of over 1,300. Registrants listened in as industry leaders discussed the challenges and opportunities facing commercial real estate (CRE) and the current macroeconomic environment.
Key Takeaways
- The general concern surrounding interest rate uncertainty and waning office demand.
- Offices are in a transitory phase, and leasing is expected to continue to lag; companies will right-size their real estate footprints, with a focus on quality.
- Near-term maturities, workouts, and the transition away from LIBOR were all focal points for discussion.
Click here to view the recap.
About KBRA Credit Profile
KBRA Credit Profile (KCP) is a research service and nothing herein or otherwise provided by KCP shall be construed as a rating. Any rating opinions, analysis, projections, observations, data or other items constituting part of any information provided or distributed by KCP or KBRA are and must be construed solely as statements of opinion and not statements of fact.
About KBRA Analytics
KBRA Analytics, LLC (KBRA Analytics) is our premier product platform for high quality data and advanced analytics. Our seasoned teams of industry specialists across each product provide unparalleled insight creating a foundation of deeper analysis and rapid discovery for users. KBRA Analytics is an affiliate of Kroll Bond Rating Agency, LLC (KBRA). KBRA is a full-service credit rating agency registered in the U.S., designated to provide structured finance ratings in Canada, and with credit rating affiliates registered in the EU and UK.
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