NewsLink Q&A With KBRA: 2026 U.S. CMBS Outlook

MBA NewsLink recently interviewed Kroll Bond Rating Agency’s Larry Kay and Aryansh Agrawal about their 2026 commercial mortgage-backed securities outlook.

KBRA Says CMBS 2.0 Office Exposure Rising

Kroll Bond Rating Agency, New York, reported the five-year trend of conduit office exposure declining reversed in first quarter, with exposure rising to 16.3% from 13.9% in Q1 2024 and 15.4% for the full-year 2024.