As we step into the promising year of 2024, the CRE market is set to rebound, offering a brighter look than we saw in 2023 and bringing with it new opportunities and challenges for professionals in the field. The upcoming MBA CREF24 Conference, scheduled from February 11 to 14 at the Manchester Grand Hyatt in San Diego, CA, promises to be the cornerstone event for commercial and multifamily finance experts.
Rebounding CRE Market
In 2024, the CRE lending market outlook appears optimistic following a positive shift in the Federal Reserve’s interest rate strategy. The Fed’s indication of multiple rate cuts for the year, coupled with improving lending conditions, have boosted confidence in the market.
Regional banks are expected to play a crucial role, selectively pursuing loans while closely examining portfolio performance. Despite challenges, including defaults and a cautious banking approach, alternative lenders and debt funds will continue to fill the lending void as some banks wait for the dust to settle. While a slow increase in lending volume is anticipated, the overall outlook for 2024 suggests a potentially positive and multiyear opportunity in the commercial real estate financing sector.
Along with an uptick in CRE lending, loan modifications will play an important role in 2024. With more than 1 trillion dollars in loans maturing by the end of the year, lenders have increasing pressure to keep the loans on their books performing. Many commercial property borrowers will have to work out deals with their existing creditors when loans mature, leaving lenders in need of solutions to best manage this influx of work.
CRE Technology Talks with GoDocs
Gain a competitive edge in commercial lending.
It is essential to leverage a technology solution that supports ‘market shift needs’.
Schedule a time to meet with our team and close loans faster with better-than-attorney-quality documents, no attorney fees, and reduced risk with 50-state compliance automation.
'Can't Miss' Sessions
MBA CREF24 has curated an impressive schedule that promises a knowledge-rich experience. From general sessions to focused tracks, attendees can expect to be fully immersed in the conference. The GoDocs team is thrilled to be a part of this learning opportunity and will be attending these can’t-miss sessions.
Monday, February 12, 2024
MARKET OPPORTUNITIES TRACK: The Future of the Office Sector
Dive into a comprehensive view of the office asset class with insights from leasing, sales, lending, and asset management experts. Discussions will cover leasing and sales velocity, the viability of class B and C properties, office conversions, asset surveillance, default trends, and the availability of equity. Notable speakers include Neal Casey, Jerry Dunn, Lonnie Hendry, Zack Holderman, and Jaime Zadra.
POLICY PRIORITIES TRACK: The Impact of Bank Regulation Changes
Tuesday, February 13, 2024
MARKET OPPORTUNITIES TRACK: Construction and Adaptive Reuse
Explore how private lenders fill the void in construction and adaptive reuse loans as banks tighten lending standards. The panel, featuring Gary Bechtel, Mark Fogel, Christopher Hoeffel, Dana Jo Martino, and Chris Robbins, will discuss targeted projects, loan terms, and the rise of CPACE loans in the construction capital stack.
POLICY PRIORITIES TRACK: Loan Modifications and Workouts in an Increasing Rate Environment
The MBA CREF24 Conference in San Diego presents an unparalleled opportunity to gain insights from industry leaders, explore market trends, and network with peers, clients, and potential customers. As the CRE market rebounds, this conference is your gateway to understanding the changing landscape, regulatory developments, and strategies to succeed.
Take advantage of what promises to be the best business trip of the year! Join us at the Manchester Grand Hyatt from February 11 to 14 and unlock the future of commercial real estate.
GoDocs: The Automation Solution for CRE Loans
GoDocs is a pioneer in automating commercial loan document generation and offers an advanced software solution to banks, credit unions, and private lenders. Our cloud-based system provides a flexible and frictionless process for closing commercial loans, and is the only system of its kind in the market.
GoDocs documents are trusted by industry-leading commercial lenders and supported by a highly skilled onshore team of specialists, ensuring a seamless experience for our users. By utilizing GoDocs’ sophisticated automation tools, commercial lenders can streamline their loan documentation processes, reduce errors, and improve efficiency. Our software can handle any commercial loan pipeline size while mitigating risk automatically.
Unrivaled Loan Modification Automation
In addition to CRE, our ModDocs® solution offers a cost-effective and highly efficient alternative to traditional attorney services for modifying loan documents. Our smart automation is compatible with any attorney or system used to draft the original documents and can execute any scenario, no matter how complex. From extending maturity dates to changing loan types or adding cash agreements, ModDocs® from GoDocs provides a comprehensive solution. Our commitment to innovation and excellence has made us the preferred choice for lenders who seek to optimize their loan processing procedures.