Kroll Bond Rating Agency, New York, said commercial mortgage-backed securities servicers “performed admirably” over the last two years while facing nearly unprecedented distress during the COVID pandemic.
Tag: KBRA
CMBS Delinquency Rate, Liquidations Drop
The commercial mortgage-backed securities delinquency rate continues to decline, and CMBS liquidations also dropped last year, analysts said.
Fitch: Slowing Trend in CMBS Defeasance
Commercial mortgage-backed securities defeasance volume soared during late 2021 and into January, but that trend could be ending, said Fitch Ratings, New York.
CMBS Defeasance Snaps Back
Kroll Bond Rating Agency, New York, reported commercial mortgage-backed securities defeasance volume rebounded strongly last year after falling by nearly half in 2020.
CMBS Delinquency, Special Servicing Rates Dip in December
Fitch Ratings, New York, said the commercial mortgage-backed securities delinquency rate dipped nine basis points in December to 2.67 percent, driven by robust new issuance, continued loan resolutions and fewer new delinquencies.
CMF Briefs from KBRA, Parthenon Capital, TruAmerica Multifamily
KBRA, New York, entered a deal with private equity firm Parthenon Capital Partners, Boston, which will acquire a majority stake in the company.
KBRA Looks to 2022 Commercial Mortgage-Backed Securities Sector
Kroll Bond Rating Agency, New York, just released its 2022 Sector Outlook—CMBS: Full Steam Ahead report. MBA NewsLink interviewed KBRA’s Larry Kay and Patrick McQuinn to get their insights on the current lending environment and property fundamentals as well as factors that may affect property performance in 2022.
KBRA: Pandemic Shutdown Bifurcates Commercial Real Estate Market
Pandemic-related shutdowns and restrictions bifurcated the commercial real estate market based on its demand generators, reported Kroll Bond Rating Agency, New York.
September CMBS Delinquency, Special Servicing Rates Drop
Fitch Ratings, New York, and Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate continued its steady fall in September.
CMBS Delinquency, Special Servicing Rates Improve
Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate declined again in June–but not by much.