Friday, 17 April 2020

Late payments on CMBS loans skyrocketing: TRD Insights

As the coronavirus pandemic pressures real estate across the country, industry observers are expecting a significant increase in borrowers struggling to make loan payments. Payment delays that would usually be considered minor are suddenly regarded as important. They are certainly much more common. This week, CMBS data provider Trepp began monitoring CMBS loans that are “late but within grace period” and “late beyond grace period” — marked with the status codes “A” and “B,” respectively,



source https://therealdeal.com/2020/04/17/late-payments-on-cmbs-loans-skyrocketing-trd-insights/

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