A wave of office loan defaults is making things ugly in the commercial mortgage-backed securities (CMBS) space. Delinquencies in CMBS conduit loans secured by U.S. office properties increased 56 basis ...
In an age of distress, defaults and workouts, many insiders across the office sector are quoting Michael Corleone in “The Godfather Part III” when it comes to commercial mortgage-backed securities ...
The CMBS market is flashing paradoxes. Despite more than $23B of loans blowing past maturity with no payoff and record-high office delinquency rates, 2025 has brought the most new first-half CMBS ...
CMBS issuance in New York could reach $121 billion this year, its highest level since 2007, with office deals helping lead the resurgence, according to data from Trepp and Commercial Real Estate ...
In the first half of 2025, commercial mortgage-backed securities issuance from private lenders rose 35 percent from the year before. The total for the first six months came in at nearly $60 billion, ...
KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the March 2026 servicer reporting period. The 30+ day delinquency rate among KBRA-rated ...
The European commercial mortgage backed securities market is going through a period of huge change. It started in the mid-1990s and its annual issuance hovered around the €20 billion a year mark that ...