BREAKING 🚨
US office CMBS loan delinquencies surge to 12.2%, eclipsing the Financial Crisis peak 🚨.
The rate rose from 12.0% in August, per Trepp. The crisis‑era peak was 10.7%, so today’s 12.2% is the second‑worst ever. Only January’s 12.3% reading exceeds it. The spike threatens office‑sector credit and could tighten financing.
Investors should monitor further deterioration closely ⚠️.
$LUMIA, $STRK, $LUMIA
US office CMBS loan delinquencies surge to 12.2%, eclipsing the Financial Crisis peak 🚨.
The rate rose from 12.0% in August, per Trepp. The crisis‑era peak was 10.7%, so today’s 12.2% is the second‑worst ever. Only January’s 12.3% reading exceeds it. The spike threatens office‑sector credit and could tighten financing.
Investors should monitor further deterioration closely ⚠️.
$LUMIA, $STRK, $LUMIA