The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 5 basis points to 4.71% in February, according to data from Trepp Inc. One year ago, the U.S. CMBS delinquency rate was 3.12% – a 159 basis points difference. Last month’s uptick was mostly...
The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. The percentage of loans...
LightBox, an Irvine, California-based provider of commercial real estate information, is pleased to announce the addition of Manus Clancy to its senior management team. Clancy comes to LightBox from Trepp Inc., where he was senior managing director of applied data and...
Trepp Inc. announced that its commercial mortgage-backed securities (CMBS) delinquency rate ended 2023 at 4.51%. December’s rate was a seven basis points decline for the month. At the end of 2022, the CMBS delinquency rate was 3.04%, a 147 basis points difference. For...
Atlanta-based Angel Oak Capital Advisors LLC has hired Sumit Sasidharan as its head of commercial real estate. In his new job, Sasidharan will lead the firm’s CRE platform, which encompasses approximately $300 million in loans. He will also manage the firm’s permanent...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
