KBRA, New York, said the delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities increased 19 basis points in November to 4.4%.
Tag: KBRA
CMBS Delinquency Rate Dips, KBRA Reports
The delinquency rate among KBRA-rated commercial mortgage-backed securities dipped four basis points in October to 4.21%, the rating agency reported.
KBRA: Older Office Buildings Struggling
KBRA, New York, said in the current office environment, older buildings are seeing particular challenges.
KBRA: Securitized Multifamily and the Housing Affordability Gap
Since 2020, greater apartment rent increases occurred in markets with higher homeownership costs as lower affordability drove up demand for rental units, reported KBRA, New York.
KBRA: Challenging Single-Family Rental Fundamentals
Softening operating performance, elevated inflation, labor shortages and decelerating rental rates have produced the most challenging environment for the single-family rental sector yet, reported KBRA, New York.
KBRA: Lodging Loan Performance Clouded by Upper-Upscale Chains
U.S. hotels have performed well overall since the pandemic, but upscale properties report higher commercial mortgage-backed securities delinquencies than more modest hotels, reported KBRA, New York.
CMBS Sector Outlook: Continued Uncertainty Going into 2023
Kroll Bond Rating Agency, New York, just released its CMBS 2023 Sector Outlook, which looks at key credit trends from 2022 and forecasts U.S. issuance activity for the new year. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their insights on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2023.
Economic Uncertainty, Remote Work Challenge Office Sector
Despite five interest rate increases in 2022, inflation remains near multi-year highs. This could hit the office sector harder than other property types, said KBRA, New York.
Economic Uncertainty, Remote Work Challenge Office Sector
Despite five interest rate increases in 2022, inflation remains near multi-year highs. This could hit the office sector harder than other property types, said KBRA, New York.
A Decade in the Making: KBRA on SFR Trends and Outlook
KBRA, New York, recently published a report, SFR Securitizations: A Decade in the Making, analyzing the sector’s evolution and growth. MBA Newslink interviewed the report’s authors about the factors driving the sector’s growth.