A wave of office loan defaults is making things ugly in the commercial mortgage-backed securities (CMBS) space. Delinquencies in CMBS conduit loans secured by U.S. office properties increased 56 basis ...
In the first half of 2025, commercial mortgage-backed securities issuance from private lenders rose 35 percent from the year before. The total for the first six months came in at nearly $60 billion, ...
CMBS issuance in New York could reach $121 billion this year, its highest level since 2007, with office deals helping lead the resurgence, according to data from Trepp and Commercial Real Estate ...