WASHINGTON, D.C. (January 28, 2025) — Delinquency
rates for mortgages backed by commercial properties increased during
the fourth quarter of 2024, according to the Mortgage Bankers
Association`s (MBA) latest commercial real estate finance (CREF) Loan
Performance Survey.
"The delinquency rate for commercial mortgages increased during the final three months of 2024, with increases across most capital sources and property types,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “The challenges facing different sectors vary – with office properties perhaps facing the most challenging combination of weaker fundamentals and stubbornly high interest rates. However, despite the current conditions, other property types continue to benefit from a relatively strong economy.”...
...moreRSK: I thought the office sector was in trouble but looks like Lodging is the bad boy here.
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- - Volume: 25 - WEEK: 6 Date: 2/4/2025 3:13:59 PM -