Trepp: CMBS Delinquency Rate Up Again
April 11, 2017
Carlton Fields Executive Director of Financial Services Consulting, Brian Olasov was quoted in the MBA Newslink article, “Trepp: CMBS Delinquency Rate Up Again.” According to the article, and Trepp, New York, “the CMBS delinquency rate has now increased in 11 of the past 13 months.”
Olasov commented:
We're into the fat part of the maturity curve now on 2007-vintage transactions. That, along with the ‘shrinking ice cube' effect — fewer outstanding loans in the calculation — on CMBS outstanding and flatlining values in many markets are all affecting delinquency ratios.
