capital markets

Ratings agency S&P expects the delinquency rate to climb higher for June, although European CMBS are so far weathering the storm.

Last month’s real estate debt fire sales at the outset of the covid-19 outbreak in the US were just the tip of the iceberg for private real estate.

Coronavirus shutdowns have pushed nearly $25bn of US CMBS loans to the brink of delinquency, and the worst is yet to come.

Colony Capital’s CEO calls for lender leniency to avert a mortgage market collapse, triggering a financial crisis.