The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ Out of roughly $1.1 billion in office loan
balances that had original maturity dates in
August, only 7.7% were reportedly paid off,
according to a recent analysis by Moody's
Analytics.
○ The analysis notes that declining payoff
rates are explained mainly by the
underlying performance of maturing loans
rather than a deterioration in the ability of
stronger-performing loans to complete
payoffs. According to Moody's Analytics
data, 70% of the August loan maturities had
“significant lease rollover” and debt yields
below 8%.
○ Looking at the payment status of loans set
to mature in 2023 but did not pay off, 40%
continue to make monthly payments, while
60% are non-performing
CRE Office Loan Maturities
21. www.SVN.com
Events
& Webinars
TUESDAY
OCTOBER 3
Marinas Product Council Meeting
11:00 AM ET | 8:00 AM PT
WEDNESDAY
OCTOBER 4
SVN Strategies
1:00 PM ET | 10:00 AM PT
THURSDAY
OCTOBER 5
Land and Development Product Council
Meeting
2:00 PM ET | 11:00 AM PT
Date: October 2-7, 2023
23. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.