Securitization’s New Multifamily Play: An MBA NewsLink Roundtable

A new multifamily-focused conduit execution is taking shape in the CMBS market, creating another potential financing channel alongside traditional conduit and agency lending. MBA NewsLink spoke with market participants to examine what’s driving the emerging structure and how its risks compare with existing alternatives.

KBRA Finds Lodging Delinquencies Vary by Price Class, Chain

The commercial mortgage-backed securities lodging 30-plus day delinquency rate stood at 6.4% as of March, compared to 6.5% in March 2025 and 5.3% in March 2024, according to Kroll Bond Rating Agency, New York.

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: CMBS Ends 2024 on High Note

KBRA, New York, reported commercial mortgage-backed securities ended the year on a high note, as issuance exceeded $100 billion in 2024—a level experienced only once since the global financial crisis.