News - Page 50

The Mortgage Bankers Association (MBA) has reported an increase in commercial delinquencies during Q3 2023. Delinquency rates increased for the third consecutive quarter due to higher interest rates, changes in some property

Key points: Commercial mortgage delinquency rates rose in the third quarter, marking the third consecutive quarter of increases. All major sources of commercial real estate capital saw delinquency rate increases. The CMBS

Small businesses are finding it increasingly difficult and expensive to access loans, according to new research. Approval rates for small business loans have been falling, with banks approving just 13% of loan

Late payments on income-producing loans at depositories recently experienced their largest leap in at least five years as concerns in the office sector intensified. At 1.03%, bank performance is relatively favorable but

Key Points: Economist Gary Shilling predicts that the commercial real estate bubble will burst. WeWork’s bankruptcy filing and the shift towards remote work are signs of the impending collapse. Renowned economist Gary

Trepp has released its Q3 2023 Life Insurance Commercial Mortgage Total Return Index Report, which shows a decline in total returns due to rising interest rates. The report also highlights a decrease

Office landlords are struggling to secure loans as they face difficulty in paying back lenders. Only one out of every three securitized office mortgages that expired during the first nine months of

Key points: CMBS deal worth $721.3 million, backed by a portfolio of commercial mortgages on mostly multifamily properties, is set to be issued by BBCMS. The deal will be securitized into seventeen

In December, delinquencies in commercial mortgage-backed securities (CMBS) decreased to 4.21% after a slight uptick in November, according to Kroll Bond Rating Agency. However, the bankruptcy filing of JER Investors highlights that

The commercial mortgage market has a different structure to the residential market, which is key to understanding why commercial mortgage rates remain high. In the residential market, there is a diverse range