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Office Spaces Drive Delinquency Rates for Commercial Real Estate Sector
Wall Street Journal, June 30, 2023-Ben Foldy (subscription)
The delinquency rate for commercial mortgage-backed securities hit a 15-month high of 3.9% in June as big borrowers struggled to make payments on office buildings and hotels, according to data provider Trepp.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-30-2023/card/office-spaces-drive-delinquency-rates-for-commercial-real-estate-sector-tREOiD0YrFFm9UMjW6Qu