Morningstar Credit Ratings

CMBS: Who’s Winning, Who’s Losing?

Why issuance is peaking while legacy distress continues to rise.

Coronavirus Fallout for North American CRE Firms to Vary

Some sectors are poised to weather the impact of COVID-19 while others will be under substantial strain, according to DBRS Morningstar.

Morningstar CMBS Outlook Suggests Soft-ish Landing

The ratings agency’s latest quarterly report cites multiple reasons why a CRE crash like the Great Recession’s does not seem to be in the cards.

Triangle Plaza

The Rising Prominence of CRE CLOs

Commercial real estate CLOs enjoyed a banner 2018 as year-over-year volume nearly doubled. Deal size has also been increasing, but some uncertainty surrounds the vehicles’ prospects for 2019.

Steve Jellinek, Vice President, Morningstar Credit Ratings

Nearly $1.5B in CMBS Possibly at Risk from Hurricane Florence

Morningstar Credit Ratings has identified more than 180 securitized commercial mortgages on properties in North Carolina counties that have been declared disaster areas because of the storm.

Economy Watch Weekly: Industrial Outperforms

What has contributed to the industrial sector’s stellar performance in 2017? Economy Editor Dees Stribling discusses a recent Morningstar report that offers some revealing data.

Delinquency Rate Improves for Third Straight Month

The delinquency rate declined to 2.94 percent in September, up just four basis points from a year ago, according to Morningstar Credit Ratings.