Asset Classes

CRE

Also known as: commercial real estate, CRE loans

status: draft

Commercial real estate. Income-producing property including office, retail, multifamily, industrial, and hospitality. CRE loans are a major asset class for warehouses and CMBS.

What to watch

CRE underwriting centers on property cash flow (NOI), debt yield, and LTV. Cap rates, occupancy trends, and lease rollover schedules drive risk. Post-2020, office CRE carries elevated risk; multifamily and industrial have been more resilient.

Referenced in 48 topics

ABF as an asset class for portfolio construction playbooks Accounts and cash management mechanics Amortization and repayment mechanics Bank balance sheet capital-sources Bank regulatory considerations legal Borrowing base mechanics mechanics Bridge / fix-and-flip asset-classes Broadly syndicated loan CLOs asset-classes Calculation agents and data agents counterparties CMBS (conduit, SASB, large loan) asset-classes Consumer protection regulations legal CRE CLOs asset-classes Early-stage financing guide playbooks Evaluating portfolio quality and performance playbooks Government programs and DFI capital playbooks How to benchmark your deal against the market playbooks Industry infrastructure market-landscape Infrastructure debt asset-classes Investor and SEC reporting operations-lifecycle Legal opinions and third-party reports documentation Market data and public datasets market-landscape Market intelligence market-landscape Market spreads guide market-landscape Participation structures structures Portfolio valuation accounting-valuation Private placement / bespoke structures structures Reading the credit cycle market-landscape Risk retention rules legal Secondary market and liquidity market-landscape Servicer fundamentals counterparties Servicers and backup servicers counterparties Single-family rental (SFR) asset-classes Small business loans (including SBA 7(a)) asset-classes Sourcing ABF deals playbooks Sourcing deals (originator perspective) playbooks Structural tests (OC/IC) mechanics Structuring deals for investor appeal playbooks Tax considerations for ABF structures legal Term securitization (ABS/MBS) structures The ABF ecosystem (players, roles, and how they interact) foundations The originator's readiness assessment playbooks Top originator mistakes playbooks Triggers, tests, and performance events mechanics Understanding back leverage (LP perspective) playbooks Understanding deal fees playbooks Warehouse facilities structures Whole loan sales structures Wind-down lifecycle-events