CMBS

CMBS delinquencies rise by double digits in September

Two large Manhattan office delinquencies fueled a double-digit increase in the overall delinquency rate in commercial mortgage-backed securities (CMBS) for September, according to Fitch Ratings. Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, Fitch said. Maturity defaults accounted for half, or 51% ($1.05 billion) of new delinquencies, while the rest […]

CMBS delinquencies rise by double digits in September Read More »

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

KKR builds record $42 billion private real estate loan pipeline Read More »