Connect CRE · Multifamily
The current hot spot for delinquency in securitized multifamily loans appears to be private label CMBS, Trepp reported earlier this month. As of August 2026, a total of $11.6 billion of the $635.82-billion universe of…
Oct 22
Multifamily Dive · Multifamily
Private-label securities have a 7.69% delinquency rate, while commercial real estate collateralized loan obligations sit at 3.88%, according to Trepp.
Oct 19
Connect CRE · Capital
The Trepp CMBS special servicing overall rate rose seven basis points in September to 11.49%, its highest level since February 2013. The seven-bp increase followed a steeper 33-bp increase in August, which reversed Ju…
Oct 15
Multifamily Dive · Multifamily
While losses moderated in the first two quarters of 2026, the apartment industry’s maturity wall and rising cost of capital could further erode values.
Oct 14
Multifamily Dive · Multifamily
While losses moderated in the first two quarters of 2026, the apartment industry’s maturity wall and rising cost of capital could further erode values.
Oct 14
Connect CRE · Office
Refinancing risk for hard maturities in CMBS has shifted from office to multifamily and hospitality this month, Trepp reported. That’s due to a pair of large single-asset single-borrower loans that are severely…
Oct 8
Yahoo Finance · Capital
Oct 1
The Registry · San Francisco · Multifamily
A new Trepp risk ranking puts San Francisco near the top of the West's most stressed multifamily markets, but the firm's own analysts say a single outsized loan on Parkmerced distorts the picture of a rental market th…
Oct 1
Connect CRE · Office
Against a backdrop of high interest rates, inflation and the conflict in Iran, the “tale of two markets” scenario that began in the post-pandemic office sector now encompasses multifamily, Trepp’s Lo…
Sep 25
Connect CRE · Capital
The overall Trepp CMBS special servicing rate rose 33 basis points in August 2026 to 11.42%, reversing July’s decline and reaching its highest level since February 2013. A single $1.1-billion Hollywood studio-an…
Sep 17
Multifamily Dive · Multifamily
CRED iQ also reported that delinquencies on bank-held loans fell in Q2. However, some investors say lenders are growing more aggressive in working out problem loans.
Sep 16
Connect CRE · Capital
The volume of delinquency within the CMBS loan universe declined slightly in August, resulting in a small reduction in the overall delinquency rate, Trepp reported. Although this suggests that peak delinquencies may h…
Sep 10
Commercial Observer · Capital
Sep 1
Commercial Observer · Capital
The commercial mortgage-backed securities (CMBS) market is on track to exceed issuance expectations in 2026, with single-asset, single-borrower (SASB) deals driving the reassessment. With more than $90 billion of CMBS…
Sep 1
Connect CRE · Office
The Trepp CMBS special servicing overall rate declined 11 basis points in July to 11.09%, partially reversing the increases of recent months. However, decreases in special servicing rates were not seen across the boar…
Aug 13
Connect CRE · Capital
The Trepp CMBS Delinquency Rate increased by 51 basis points to 7.86% in July 2026. The increase was led by a group of very large loans whose status moved to non-performing matured balloon or foreclosure. The five lar…
Aug 6
Connect CRE · Capital
Trepp Inc. has reported mixed data on CMBS distress levels lately. The volume of private-label securitized loans that are at least 30 days late declined by $3.49 billion, or 3.7%, in June. Conversely, while the volume…
Jul 23
Connect CRE · Capital
The Trepp CMBS special servicing rate increased by 34 basis points in June to 11.20%, reversing May’s decline. Special servicing rates increased in four of the six major property types in June, reported Trepp. L…
Jul 16
Multifamily Dive · Multifamily
However, the multifamily delinquency rate at FDIC-insured banks rose in Q1 2026, hitting its high-water mark since 2013, according to CREDiQ.
Jul 15
Connect CRE · Capital
The Trepp CMBS Delinquency Rate decreased by 20 basis points to 7.35% in June 2026, led by a large lodging cure. However, three of the five major property types saw increases in their delinquency rates during the mont…
Jul 1
Multifamily Dive · Multifamily
The improvement in CMBS multifamily delinquencies was driven by two large multifamily loans that cured during the month, according to Trepp's Stephen Buschbom.
Jun 12
Connect CRE · New York · Capital
The Trepp CMBS Special Servicing Rate decreased by 51 basis points in May to 10.86%. The improvement was driven primarily by the return of a massive office loan backed by One New York Plaza in Lower Manhattan (picture…
Jun 11