Chicago office landlords face a difficult sequence: major tenants can leave before the debt on their buildings comes due. Trepp has identified $802 million in securitized loans associated with significant tenant lease expirations ahead of mortgage maturity, with a...
Denver’s apartment credit market is showing more weakness in loan surveillance than in missed payments. Servicers have placed $3.83 billion of securitized multifamily debt on watchlists, according to Trepp, while the area’s reported delinquency rate...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged this month 51 basis points to 7.86%, according to a data report from Trepp Inc. One year ago, the rate was at 7.23%. Thomas Taylor, senior manager for research at Trepp, attributed July’s...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 28 basis points to 5.98% in October, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 135 basis points from 4.63% in October 2023. Last month’s...
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...