Banks’ commercial real estate default rate increased to 4.36 percent in the third quarter. The rate rose by just 9 basis points, one of the smallest increases since the market downturn began. In contrast, the average quarterly increase in the siz...
Multifamily mortgages in default are $10.1 billion. The multifamily default rate increased sharply between the second and third quarters, jumping from 4.13 percent to 4.67 percent. Between the first and second quarter, the multifamily default rate...
Commercial property mortgage defaults rose in the third quarter, continuing an upward climb that began in 2006, according to analysis by New York City-based real estate research firm Real Capital Analytics...
