CMBS delinquency rates have been climbing steadily during the past year. The December numbers from Trepp show that the overall rate grew by 191 basis points during 2024. Office delinquency rates reached 11.01% last month.
There’s other mixed news in CMBS too, as Trepp research associate Vivek Denkanikotte wrote. CMBS issuance topped $100 billion last year, almost three times as high as in 2023. But as issuance increased, so did the number of borrowers who had problems paying off their loans at maturity.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
