CMBS Realized Losses Climb Higher in April
CMBS transactions incurred approximately $94 million in realized losses during April via the workouts of distressed assets.
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CMBS transactions incurred approximately $94 million in realized losses during April via the workouts of distressed assets.
The overwhelming majority of the nation's largest MSAs exhibited increased distressed commercial real estate loans in April.
The CRED iQ delinquency rate for CMBS for the month of April increased for the third consecutive month to 3.93 percent.
The oft-publicized wall of CMBS maturities is at the forefront of concerns for the commercial real estate industry.
CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets.