Grandbridge’s Marcy Thomas Talks CMBS, DEI and CCMS

MBA NewsLink interviewed Marcy Thomas, Vice President and Portfolio Loan Manager with Grandbridge Real Estate Capital LLC, about CMBS servicing, DEI, the upcoming Commercial/Multifamily Finance Servicing and Technology Conference and what the CCMS designation means to her.

CMBS Delinquency Rate Maintains Downward Trajectory

The commercial mortgage-backed securities delinquency rate fell 10 basis points during March to 2.38 percent, driven by robust new issuance and few new delinquencies, reported Fitch Ratings, New York.

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.

CMBS Liquidation Volume Jumps

Commercial mortgage-backed securities liquidation volume bounced back after a pandemic-related pause, analysts said.

Trepp: Europe Leads U.S. in ESG Adoption

Environmental, Social and Governance criteria are now incorporated into corporate strategies worldwide. But the United States is falling behind Europe in the investment of ESG commercial mortgage-backed securities deals, said Trepp, New York.