The volume of delinquency in the CMBS universe ballooned by 7.4 percent last month to $29.71 billion, according to Trepp Inc., putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns. The office sector was the culprit.

The post CMBS Delinquency Volume Spikes in April by 7.4 Percent to Levels Not Seen in 3 Years appeared first on Commercial Real Estate Direct.