Fitch: Office loan delinquencies will exceed global financial crisis levels

Fitch: Office loan delinquencies will exceed global financial crisis levels

The delinquency rate of U.S. CMBS loans will rise more than expected this year and next, eclipsing the peak of the Global Financial Crisis in 2025, according to a new national bureau report. Fitch Ratings on Friday raised its U.S. office CMBS delinquency forecast to 8.4% for 2024 and 11% for 2025. The office delinquency … Read more