Brief
Debt Yields Rebound as Negative Leverage Persists Across CMBS
Debt yields on recently originated commercial mortgage-backed securities (CMBS) loans have firmed to a weighted average of 10.3 percent across property types, even as interest rates continue to exceed
Summary
Debt yields on recently originated commercial mortgage-backed securities (CMBS) loans have firmed to a weighted average of 10.
3 percent across property types, even as interest rates continue to exceed implied cap rates for multifamily, industrial, retail and self-storage assets — a condition known as negative leverage.
CRED iQ’s proprietary analysis of approximately 3,700 loans totaling […]
Source
- Commercial Observercommercialobserver.com
