NYC spared CMBS wall of maturities fallout – for now

The delinquency rate for New York City’s CMBS market fell in February, while market-wide the delinquency rate continued to rise in the fallout from the so-called “wall of maturities,” dragged down by the office sector in particular. There was a total of $59.4 billion on the New York CMBS market in February, down 3.9 percent […]

US RE lending bounces back in Q2, surpasses 2015 levels

Commercial real estate lending volumes bounced back from their winter slump in the second quarter and even surpassed 2015 levels. U.S. loan origination volumes grew 5.7 percent year-over-year, CBRE reported. CMBS lending volume is down significantly from last year amid lackluster bond markets and looming risk-retention rule changes, but banks jumped into the fold, the […]