CMBS

Vacancies fuel a rise in commercial loan delinquencies

Commercial and multifamily delinquency rates increased in each of the first two quarters this year, but delivered a mixed bag in the third quarter. Greater vacancies have consistently caused delinquency rates on commercial mortgage-backed securities and multifamily loans from the government sponsored enterprises to increase since the pandemic, while other companies have benefitted from stabilizing […]

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Fed flags potential risks tied to office space, capital planning

Federal Reserve bank supervisors are monitoring community and regional banks’ commercial real estate portfolios amid concerns over “elevated interest rates, tighter underwriting standards, and lower commercial property values,” the agency said.  The central bank said those factors may affect borrowers’ ability to refinance or pay off their loans, according to a supervision and regulation report released Monday.

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KKR builds record $42 billion private real estate loan pipeline

(Bloomberg) — KKR & Co. has a record volume of commercial-property financings lined up, and expects more deals as property prices reset and other lenders pull back amid market volatility. The investment firm’s pipeline has reached an all-time high of $42 billion, the second such record set this year, according to a Tuesday note by

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