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KBRA Releases Research - CMBS Loan Performance Trends: March 2024
28 Mar 2024 16:03 GMT
… U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed … rate was led by multifamily with a month-over- … lodging (19 bps).
CMBS loans totaling $1.1 billion contributed … from imminent or actual maturity default. The office sector, as …
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Bank accuses Sligh building developer of defaulting on $4M loan
27 Mar 2024 00:01 GMT
… allegedly defaulting on a nearly $4 million commercial loan involving … defaulted on a $3.96 million promissory note, secured by a mortgage … Detroit area into a multifamily housing project, as Crain … the extension agreement, the loan could be extended until July …
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A Missing $164 Million Highlights New Risk for Mortgage Bonds
11 Mar 2024 17:24 GMT
… Sachs bundled the loan into commercial mortgage backed securities in … veterans say that, when loans default, it’s not always … in last year’s multifamily commercial real estate sector. … are brewing in the multifamily apartment sector. Potential distress …
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Defaults are rising on highly leveraged workforce housing debt
08 Mar 2024 15:03 GMT
… entered Municipal Market Analytics default and impairment database for … used to acquire existing multifamily housing properties and then … through commercial bank direct lending."
The six … are the leading issuers of defaulted bonds," Sanchez said …
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KBRA Releases Research – CMBS Loan Performance Trends: February 2024
27 Feb 2024 18:31 GMT
… S. commercial mortgage-backed securities (CMBS) loan performance trends observed … imminent or actual maturity default. The office sector … million) of newly distressed loans. The retail sector came … over-month increases.
The multifamily distress rate dropped 10 …
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New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q4 2023 Earnings Call Transcript
23 Feb 2024 14:41 GMT
… multifamily bridge loan sector, coupled with extensive asset management experience, New York Mortgage … of lending. After $3.5 billion of residential bridge loans invested … up and small balance multifamily present increased default management challenges if …
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Distress in CRE CLO Loans Surged 480% in Last Year, Report Says
24 Feb 2024 00:04 GMT
… real estate loans bundled into collateralized loan obligation were … floating-rate loans after interest rates increased.
Multifamily debtors have … hit if borrowers eventually default because they provided the … as well as any loan that has been moved …
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Federal Home Loan Bank of Atlanta Announces Preliminary Fourth Quarter and Annual 2023 Financial Results
22 Feb 2024 16:26 GMT
… the Bank's Multifamily Housing Bridge Fund to … its members to support lending and other activities in …
54,207
40,902
Mortgage loans held for portfolio, net
103 … speeds, default rates, delinquencies, and losses on mortgage-backed securities …
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Claros Mortgage Trust, Inc. (NYSE:CMTG) Q4 2023 Earnings Call Transcript
22 Feb 2024 14:17 GMT
… more critical. Real estate lending is no longer simply … loans are covered on debt service. A fourth downgraded loan was a multifamily loan … land loan that has been in payment default but … Follow Claros Mortgage Trust Inc. Follow Claros Mortgage Trust Inc. …
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Will empty offices cause the next banking crisis? Commercial real estate 'debt bomb' of $929 billion comes due this year with HUNDREDS of banks facing insolvency runs if default rates on the loans spike
17 Feb 2024 14:17 GMT
… less than the outstanding loan balances, according to a … people travel for work, multifamily housing units could see … at risk if commercial mortgage defaults rise?
Traditional banks hold … to weather rising defaults on CRE loans without widespread failures. …