Distress in a corner of the commercial mortgage market rose 440% in the last year. Loans packaged into commercial real estate CLOs saw a big uptick in distress. Multifamily and office borrowers ...

About 8.6% of commercial real estate loans bundled into collateralized loan obligation were distressed by one measure in January, a huge surge over the prior year’s proportion after borrowing costs ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. This year will be when the distress brewing in commercial real estate finally reaches its breaking ...

As commercial real estate collateralized loan obligation (CRE CLO) issuance accelerated in 2024, so did mounting distress due to rising interest rates. The 2024 U.S. CRE CLO volume was $6.8 billion as ...