KBRA CMBS Outlook: Cloudy, With a Glimmer of Hope

Kroll Bond Rating Agency, New York, just released its CMBS 2024 Sector Outlook, which forecasts U.S. issuance activity for the new year and highlights key credit trends from 2023. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their views on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2024. 

KBRA: CMBS Delinquency Rate Ticks Upward

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%.

DBRS Morningstar: CMBS Delinquency Rate Surges

DBRS Morningstar, Toronto, reported the delinquency rate for loans packaged in commercial mortgage-backed securities surged 31 basis points in July. The special servicing rate rose for the fifth straight month, increasing 24 basis points during July.

Commercial Real Estate Reset? A Special Servicing Roundtable

As property sale transactions and originations stall, MBA NewsLink interviewed two special servicing executives and a CMBS researcher to get their insights on the commercial real estate finance landscape and outlook.