Skip to Content

CMBS Delinquency Rate Resumes Decline
December 04, 2018
Carlton Fields Executive Director – Financial Services, Brian Olasov, was quoted the Mortgage Bankers Association Newslink article, “CMBS Delinquency Rate Resumes Decline,” about the continued downward trajectory of the commercial mortgage-backed delinquency rate.
 
The overall rate for U.S. commercial real estate loans in CMBS now hovers at 3.33 percent, signaling the lowest rate since the financial crisis.
 
Olasov remarked that our collective perceptions have changed when industry insiders look for signs of cracks in CMBS.
 
He noted nearly three-quarters of all specially serviced loans are from legacy CMBS, meaning only six-tenths of one percent of CMBS 2.0 loans are in special servicing at the moment.
 
"At the same time, almost two-thirds of CMBS delinquencies — which includes REO — are in REO form," Olasov stated. "As these REO assets liquidate out of trusts and as legacy loans evaporate, delinquency percentages will continue to drop."
 
Read the article.
 
Featuring
Image: Brian Olasov
Brian Olasov
Related Practices
Institutional Investment and Finance Real Estate
Related Industries
Real Estate

Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.