• Thu. Apr 25th, 2024

Office Loan Delinquencies Go Higher, Weak Trading Softens Outlook for Renovations, Possible Buyer Emerges for Troubled New Jersey Mall

Bynewsmagzines

Apr 13, 2023
The loan on 700 Lousiana St. in Houston was the largest securitized loan to move into delinquency in March. (Steve Lee/CoStar)

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Office Loan Delinquencies Go Higher: Commercial mortgage-backed loan delinquency rates fell across all property types in March — except for office, which saw a 0.44% increase, James Manzi, senior director at S&P Global Ratings, said in a recent webinar for clients. Moreover, there were indications the office delinquency rate could go much higher.

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