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Delinquent Office Loans at Five-Year High Trouble Commercial Mortgage Bond Market
Bloomberg, June 8, 2023-Carmen Arroyo and Scott Carpenter (subscription)
Near-empty office buildings, already a problem plaguing U.S. cities, are becoming a worry for mortgage bondholders as landlords fall behind on repayments at the fastest rate in five years and the difficulty of refinancing the loans grows.
https://www.bloomberg.com/news/articles/2023-06-08/delinquent-office-loans-at-five-year-high-trouble-cmbs-market#xj4y7vzkg