CRE Loan Modifications, Foreclosures Continue to Increase
This week, our CRED iQ research team explored trends in workouts and resolutions for commercial real estate securitized loans so far in 2024. This analysis included the workout strategies across...
View ArticleHow the Big Special Servicers Are Tackling Troubled CRE Loans
This week, the CRED iQ research team addressed one of the most common topics requested by our readers, which is understanding workout strategies from the special servicers’ perspectives. Building...
View ArticleInterest Rate Trends Vary by Asset Class in CMBS Market
The CRED iQ research team recently analyzed underwriting metrics for the 28 commercial mortgage-backed securities (CMBS) conduit issuances in 2024. This analysis builds on our April report, which...
View ArticleCommercial Real Estate CLOs Confront Rising Distress From Higher Interest Rates
As commercial real estate collateralized loan obligation (CRE CLO) issuance accelerated in 2024, so did mounting distress due to rising interest rates. The 2024 U.S. CRE CLO volume was $6.8 billion as...
View ArticleOffice Distress Hits New Peak, Up 156% in Last 18 Months
The overall CRED iQ distress rate remained at a record high 9.1 percent for a second straight month in September. CRED iQ’s special servicing rate increased to 8.4 percent from 8 percent in September...
View ArticleDistress Rate Hits All-Time High for CRE CLOs
The CRED iQ research team dove deep into the CRE collateralized loan obligation (CLO) ecosystem this week. We were interested to see how the market has evolved since our July report, and found that the...
View ArticleMinneapolis, Stamford Top Latest CRE Distress Rate List
CRED iQ’s research team explored distress trends across the country in our latest geographic study. Our analysis is built upon current balances of all of the loans that CRED iQ tracks within each...
View ArticleCMBS Interest Rates Down Since July
CRED iQ analyzed underwriting metrics for the latest eight new-issue commercial mortgage-backed securities (CMBS) conduit deals that debuted since our previous report in July. We reviewed 499...
View ArticleData Center CRE Originations Poised for Momentum
This week the CRED iQ research team focused upon the hottest property type in commercial real estate: the data center ecosystem. Our readers have suggested a deeper dive into this rapidly evolving...
View ArticleCMBS Distress Rate Climbs Higher in October to 9.6%
The CRED iQ research team evaluated payment statuses reported for each loan (securitized by CMBS financing), along with special servicing status as part of our monthly distress update. Five of the six...
View ArticleCRE CLO Distress Rate Inches Down to 12.1%
The CRED iQ team focused on commercial real estate collateralized loan obligations (CRE CLOs) to explore how this marketplace has evolved since our previous report in September. We found that the...
View Article‘Extend and Pretend’ Fastest-Growing CRE Loan Workout Strategy
The CRED iQ research team zeroed in on workout strategies to explore trends and resolutions for commercial real estate securitized loans so far in 2024. This analysis included the workout strategies...
View ArticleOffice Distress Rate Climbs 70 Basis Points to 15.5% in November
The CRED iQ research team evaluated payment statuses reported for each loan securitized by CMBS financing along with special servicing status as part of our monthly distress update. The office sector...
View ArticleCRE CLO Distress Rate Reaches Record High of 13.2%
In our final report for 2024, the CRED iQ research team focused on commercial real estate collateralized loan obligation distress to explore how this marketplace has evolved since our report in...
View ArticleOverall U.S. Office Distress Rate Eclipses 17%
The CRED iQ research team evaluated payment statuses reported for each loan securitized by CMBS financing at the end of 2024, along with special servicing status, as part of our monthly distress...
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