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HomeCommercial Mortgage Delinquencies May Not Peak Until 2012
Posted by Larry Doyle on January 11th, 2010 2:50 PM |
I have yet to find a financial site that aggregates as much quality material as Wall Street Pit. With over 160 authors from leading universities, central banks, think tanks, and private enterprise, there is little that gets by this crowd. The quantity of the Wall Street Pit material is only exceeded by the quality. Amidst my reading and reviewing today, this commentary stood out as it addresses perhaps our weakest domestic economic link, commercial real estate.
Commercial real estate [CRE] continues to face significant pressures in the U.S. as the level of delinquencies increases.
Defaults on hotel, office, and retail loans are driving up delinquency rates for CRE loans, with strong concentrations in the multifamily segment, which represents parts of the US hit hardest by the housing crisis, Fitch Ratings said in its latest Loan Delinquency Index report. (more…)
Tags: commercial mortgage delinquencies, commercial mortgage delinquencies and defaults, CRE, delinquencies of commercial mortgages by origination year, expected delinquencies on commercial real estate, FITCH Ratings Loan Delinquency index report january 11 2010, hotel delinquencies, industrial delinquencies, Mary MacNeill, mortgage delinquencies may not peak until 2012, multifamily delinquencies, office delinquencies, retail delinquencies, vintage delinquencies, Wall Street Pit, weakest economic link commercial real estate
Posted in General, Real Estate | 1 Comment »
