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CRE Distress Rate Falls Slightly to 11.6% in February

Commercial real estate credit stress remains stubbornly elevated heading into the spring lending season, with CRED iQ’s latest data showing the overall distress rate — encompassing loans that are deli

Summary

Commercial real estate credit stress remains stubbornly elevated heading into the spring lending season, with CRED iQ’s latest data showing the overall distress rate — encompassing loans that are delinquent, specially serviced or both — registering 11.

63 percent in February 2026.

While that marks a modest pullback from the January 2026 cycle high of 11.98 […]

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