CMBS Archives

Office CMBS Delinquency Rate Re-Spikes to 10.6%, to Worst Levels of the Financial Crisis Meltdown

May 31, 2025 Stu Turley

It’s the older office towers that get in trouble amid a flight to quality. By Wolf Richter for WOLF STREET. The delinquency rate of office mortgages that have been securitized into commercial mortgage-backed securities (CMBS) re-spiked by 83 […]

Now the Multifamily CMBS Delinquency Rate Begins to Spike, while Office Delinquencies Re-Spike to Financial Crisis Peak

May 1, 2025 Stu Turley

The CRE meltdown just doesn’t let up. By Wolf Richter for WOLF STREET. Delinquencies of office mortgages that were securitized into commercial mortgage-backed securities (CMBS) have been in the red-hot zone since mid-2023 and in December 2024 hit […]

CRE Mess Not Letting Up: CMBS Delinquency Rates Jump in September as Office, Retail, and Lodging Deteriorate Further

September 30, 2024 Stu Turley

Rate cuts cannot fix the structural issues crushing office & retail CRE. But industrial, fueled by ecommerce, is in good condition. By Wolf Richter for WOLF STREET. Maybe Commercial Real Estate has hit “bottom” – as property giant […]

It Gets Still Messier with CRE Loans, Bottom Not in Sight: CMBS Delinquencies for Office, Retail, Lodging Lead the Parade

July 3, 2024 Stu Turley

So let’s extend and pretend, please? But industrial still in pristine condition, multifamily limping along. By Wolf Richter for WOLF STREET. The delinquency rates of commercial real estate mortgages that have been securitized into commercial mortgage-backed securities (CMBS) […]