The CRED iQ delinquency rate for CMBS for the month of May 2023 increased for the fourth consecutive month to 4.20%. The delinquency rate was 28 basis points higher than the prior month’s rate of 3.93%, equal to a 7% increase. Furthermore, the CRED iQ delinquency rate has risen by approximately 29% since the start of 2023 as a...
CRED iQ examined major lease expirations for CMBS office collateral for the near-term, 18-month horizon, as well as the next 10 years. Downsizing and non-renewal by office tenants is a contributing factor to headwinds facing the office sector, which has been plagued by employee-employer workplace dynamics and tenants’ need to shed space, reduce real estate costs, and right-size physical...
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May 2023 Delinquency Report
The CRED iQ delinquency rate for CMBS for the month of May 2023 increased for the fourth consecutive month to 4.20%. The delinquency rate...
Office Lease Expirations – Looking Ahead 18 Months
CRED iQ examined major lease expirations for CMBS office collateral for the near-term, 18-month horizon, as well as the next 10 years. Downsizing and...
CRED iQ Launches Real-Time Distress Alerts
NEW YORK and PHILADELPHIA CRED iQ, the fastest growing provider of commercial real estate (CRE) data, analytics and valuation is pleased...
Distressed Workouts and Payoffs – April 2023
CMBS transactions incurred approximately $94 million in realized losses during April 2023 via the workouts of distressed assets. CRED iQ identified 15 workouts classified...
Commercial Real Estate Market Delinquency Tracker – April 2023
CRED iQ monitors distressed rates and market performance for nearly 400 MSAs across the United States, covering over $900 billion in outstanding commercial real...
