Distress in debt markets for multifamily and commercial real estate is unfolding at a much faster pace, given the dynamics of the COVID-19 crisis. Still, distress appears to be following a specific pattern for particular property types. The CMBS market offers the most transparent, generally accessible picture of how the status of loans supported by different CRE sectors are changing. In this session, we discuss the mechanics of distress in the CRE debt markets, and offer insights into what's next as economic reopening efforts ensue.
Speakers:
- Tom LaSalvia (Moderator), Senior Economist, Moody's Analytics REIS
- Victor Calanog, Head of CRE Economics, Moody's Analytics REIS
- James Shevlin, President and Chief Operating Officer, CWCapital
- Dan Warcholak, Managing Director-Portfolio Management, CWCapital