Office Distress Dominates Largest U.S. CMBS Markets

Across the 50 most populous U.S. metropolitan statistical areas, CRED iQ’s proprietary loan analytics platform recorded an aggregate commercial mortgage-backed securities (CMBS) distress rate of 12.2 percent as of April. The overall distress figure encompasses loans that are delinquent, in special servicing or classified as real estate owned (REO) — providing a comprehensive view of […]