DBRS Morningstar's Takeaways from CREFC Miami 2023: Day 1

A lot can happen in 12 months. To be sure, the macroeconomic environment is much different now than when CREFC last held its January conference in the beginning of 2022, a year that presented several major challenges. Interest rate hikes, Russia's invasion of Ukraine, inflation, and the corresponding halt in commercial real estate lending left many in wait-and-see mode. And more than 2,000 market participants, a record, registered for the 2023 conference to see what the new year might have in store.