Friday Feb 23, 2024
Debunking CMBS Loan Myths, Commercial Foreclosures Surge
We debunk myths surrounding CMBS loans as a secure source of commercial real estate lending. Commercial foreclosures in the US have surged by 97% year-over-year. Plus, the stabilization of commercial mortgage lending in the US and the spike in US commercial property foreclosures.
Sources:
https://nerej.com/debunking-cmbs-loan-myths-a-secure-source-of-commercial-real-estate-lending-by-ian-lane
https://www.bisnow.com/national/news/commercial-real-estate/attom-us-commercial-foreclosures-rising-data-123000
https://www.worldpropertyjournal.com/real-estate-news/united-states/houston-real-estate-news/commercial-real-estate-news-commercial-mortgage-data-for-2023-cbre-commercial-mortgage-lending-report-cmbs-data-for-2023-cbre-lending-momentum-index-j-14039.php
https://news.bloomberglaw.com/bankruptcy-law/us-commercial-property-foreclosures-spike-with-woes-mounting
Outline:
(00:00:00) Introduction
(00:00:38) Debunking CMBS loan myths: A secure source of commercial real estate lending
(00:04:00) Commercial Foreclosures Up 97% Year-Over-Year
(00:06:27) Commercial Mortgage Lending in U.S. Shows Signs of Stabilization in Late 2023
(00:09:53) US Commercial Property Foreclosures Spike With Woes Mounting