Brief
CMBS Distress Rate Climbed to 11.86% in May
CRED iQ’s overall commercial mortgage-backed securities (CMBS) distress rate rose to 11.86 percent in May 2026, up from 11.08 percent in April, as both special servicing and delinquency moved higher a
CRED iQ’s overall commercial mortgage-backed securities (CMBS) distress rate rose to 11.86 percent in May 2026, up from 11.08 percent in April, as both special servicing and delinquency moved higher across the conduit and single-asset, single-borrower (SASB) universe. The reversal erased April’s brief improvement and pushed distress back toward the cyclical highs observed across the […]
Source
- Commercial Observercommercialobserver.com

