CMBS braces for delinquencies as borrowers seek relief

By Max Adams
06 Apr 2020

The CMBS market is preparing to face a potential wave of missed loan payments in April, with 2,600 CMBS borrowers requesting some sort of relief in March, according to Fitch Ratings.

The CMBS delinquency rate was actually up only slightly in March, at 2.07% compared with 2.04% in February, according to data from Trepp. This reflects the payment schedule on the first of each month for many commercial mortgage borrowers, which meant that most loans were repaid before the ...

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