The commercial mortgage-backed securities delinquency rate fell slightly in March, but the segment that everyone watches closely–office–saw its rate move higher again, reported Trepp, New York.
Tag: Trepp
CMBS Delinquency Rate Dips; Special Servicing Rate Increases
Fitch Ratings, New York, reported the commercial mortgage-backed securities delinquency rate decreased two basis points in February to 1.83%.
Trepp: 2022 Life Insurance Mortgage Returns Worse Than 2008
Trepp LLC, New York, said its life LifeComps index of insurance company commercial mortgage investments saw a -10.1% return in 2022, largely due to a -14.3% appreciation return.
January CMBS Delinquency Rate Falls Below 3%
Trepp, New York, reported the U.S. commercial mortgage-backed securities delinquency rate fell 10 basis points in January to 2.94%
CMBS Special Servicing Rate Rises Again
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate increased in November for the fourth consecutive month.
Trepp: Life Insurance Returns on Pace for Worst Performance to Date
Trepp, New York, released its third quarter returns report for its life insurance commercial mortgage index, reporting the 2022 year-to-date return is predicted to be the lowest since Trepp started collecting LifeComps data in 1996.
Trepp: Bank Loans Outperforming CMBS Loans
Trepp, New York, said the bank-issued commercial real estate loans it tracks generally performed better than commercial mortgage-backed securities loans last year.
Trepp: Disruptions Sink Life Insurance Mortgage Returns
Trepp, New York, said life company investments are feeling the effects of major market events that have taken place since early 2022.
Trepp: Bank CRE Originations Up in Late 2021
Trepp, New York, reported bank commercial real estate originations rebounded in late 2021 while delinquencies continued to trend down after a moderate rise in 2020.
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.