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 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.

Sneak Peak: KBRA Analysts Look to 2022 Commercial Mortgage-Backed Securities Sector

Kroll Bond Rating Agency, New York, just released its 2022 Sector Outlook—CMBS: Full Steam Ahead report. MBA NewsLink interviewed KBRA’s Larry Kay and Patrick McQuinn to get their insights on the current lending environment and property fundamentals as well as factors that may affect property performance in 2022.

CMBS Delinquency Rate Tumbles

Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate declined sharply again in October.

Distressed CRE Debt Drops

More U.S. commercial real estate distress was worked out than arose in the first quarter, reported Real Capital Analytics, New York.