Concern over commercial real estate loans — particular, though certainly not limited to, the office sector — has been driving increasing degrees of uneasiness among bankers, regulators, and the CRE industry. Some new data is further stoking concerns.
Delinquency rates for CRE bank loans are hitting levels unseen for the last 10 years.
"The volume of past-due loans in which owners of properties rented to others have missed more than one payment jumped 30 per cent, or $4bn, to $17.7bn in the three months to the end of September, according to industry tracker BankRegData," the Financial Times reported.
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