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#RealEstate Meltdown Strains Even the Safest Office #Bonds #CRE https://t.co/ZTbq2pqbjI
… ⏰💣 “The commercial real-estate meltdown is spilling over into the bond market. Defaults are mounting in a favorite Wall Street mortgage-bond investment SASB bonds were meant to be ultrasafe, but the rate of loans at or near default has nearly tripled over two years,… https://t.co/MhHVW4ZIKl https://t.co/psjqAYO0E8
'The commercial real-estate meltdown is spilling over into the bond market. Defaults are mounting in a favorite Wall Street mortgage-bond investment, setting off fresh alarms about the future of offices and malls in cities across the U.S.' https://t.co/kGGJXnK2kJ
The distress rate for CMBS multifamily loans has significantly increased, with distress nearly tripling in the past six months. The delinquency rate among U.S. office loans also rose in June. Defaults are mounting in commercial real estate, particularly in the multifamily sector, leading to concerns about the future of office and retail properties.