The commercial mortgage-backed securities delinquency rate and special servicing rate moved in opposite directions in April, two new reports said.
Tag: Trepp
Trepp: Fourth-Quarter Bank CRE Loan Data Show ‘Elevated Distress’
The U.S. economy is well into its recovery from the pandemic recession, but Trepp LLC, New York, noted bank commercial real estate loans indicated “elevated distress” in the fourth quarter.
CMBS Delinquency Rate Falls Again
The commercial mortgage-backed securities delinquency rate fell once again in March and most CMBS rating actions were affirmations, analysts reported
Priced to Perfection: Commercial Real Estate Values Inch Up
As the anniversary of COVID significantly impacting the U.S. and commercial/multifamily property markets passes, challenging questions about property values remain top of mind.
CMBS Special Servicing Rate Slips, Issuance Could Bounce Back in 2021
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate inched down in October after peaking in September.
Office Concessions Grow Under COVID
Office landlords are providing more concessions to their tenants under COVID-19, reported Trepp and CompStak.
CMBS Delinquency Rate Falls from Near-Record High
The commercial mortgage-backed securities delinquency rate fell again in August after posting a big decline July.
CMBS Report: More Than 2,600 U.S. CMBS Borrowers Seek Coronavirus Relief; Delinquency Reports Mixed
Fitch Ratings, New York, reported more than 2,600 commercial real estate borrowers, representing $49.1 billion of mortgage loans, have sought potential debt relief during the first two weeks of the U.S. coronavirus outbreak.