The commercial mortgage-backed securities (CMBS) delinquency rate dropped by five basis points in November to 4.58%, according to new data from Trepp LLC. While the overall rate was down, the office sector delinquency rate spiked by 33 basis points to 6.08% while the...
The volume of commercial mortgage-backed securities (CMBS) loans that are classified as delinquent spiked by 49.4% to $27.91 billion during the 10 months of this year, according to data from Trepp Inc. This volume represents 5.07% of the $601.98 billion universe...
A trade group enduring a surplus of grief, a central bank that stopped punishing the public and a billionaire’s adieu to the Pacific Northwest. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 30 to Nov. 3. Miss: NAR at a...
There was more troubling data from the commercial real estate industry: Trepp Inc. reported its CMBS Special Servicing Rate climbed 31 basis points in June to 6.42%, marking the fifth increase in a row and the third largest this year. The rate was at 5.17% six months...
The commercial mortgage-backed securities (CMBS) delinquency rate rose 28 basis points to 3.90% in June, according to new data from Trepp Inc. This new increase follows last month’s uptick in delinquencies to its highest rate in 14 months. The overall CMBS delinquency...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
