The Food Chain of Distress
For the owners of distressed properties, it’s a harrowing ride to stabilization. Note sale, foreclosure, bankruptcy or recapitalization, there is no easy path from financial trouble to stable footing. And while some savvy investors have seized control of valuable New York City properties, many owners and lenders have lost billions of dollars through distressed real …
Key CMBS Investors See Troublesome Trend in the Market
A key funding source that has made the commercial mortgage-backed securities revival possible may back further away from the market in coming months, leaving lenders to scramble for other buyers or watch their volume fizzle…
Distress Signal
Commercial Delinquency Rate Ticks Up… The U.S. delinquency rate for loans sold off as commercial mortgage-backed securities ticked up in September, showing how distressed property continues to be a dominant theme in the national commercial real estate market…