“In all, Morningstar Credit Ratings LLC predicts borrowers won’t be able to pay off roughly 40% of the commercial mortgage-backed securities loans coming due next year. Suburban office properties and shopping centers are being hit particularly hard, said Edward Dittmer, a Morningstar vice president. ”
“We’re seeing a lot of stress,” Mr Dittmer said.
Read the full story here: https://papersourceonline.com/defaults-rising-commercial-real-estate/
