🇺🇸 HUGE: US office CMBS loan delinquencies just hit 12.2%,

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🇺🇸 HUGE: US office CMBS loan delinquencies just hit 12.2%, WORSE than the Financial Crisis-era peak.

The delinquency rate on office loans in commercial mortgage bonds rose from 12.0% in August.

The Financial Crisis-era peak was 10.7%.

It’s now the second highest rate ever,

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