If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!?What began as a weakness in the performance of smaller properties located in tertiary markets now includes larger collateral in secondary and primary markets,? said Susan Merrick, Managing Director and U.S. CMBS group head for Fitch Ratings. ?Highly levered [...]
Homeowners are not the only ones having difficulty paying their mortgages. Owners of commercial properties, from office buildings and industrial parks to malls and resorts to hospitals and medical buildings are all feeling the pressure. And as of Tuesday, the cracks are officially beginning to show.
Bloomberg reports that, according to RBS Greenwich data, delinquencies on [...]
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