Trepp Inc.

A chart of CMBS delinquency rates as of August 2026

2026 CMBS Delinquency Rates

Trepp’s latest data on CMBS delinquency rates. Read the report.

A chart depicting CMBS special servicing rates through 2024 and 2025

2025 Special Servicing Rates

Data from Trepp’s latest report. Read more.

A chart of CMBS delinquency rates as of December 2025

2025 CMBS Delinquency Rates

Trepp’s monthly update.

Exterior shot of the office and retail building at 650 Madison Ave. in Manhattan

$800M Manhattan Tower Loan Goes to Special Servicing

A REIT and a major private investor own the 27-story building.

Entrance at 115 Myrtle Ave. office building in Brooklyn

Brookfield Tower Could Enter Foreclosure Over $133M Loan

The property is part of a multi-building office campus in Brooklyn.

A 20-building office campus at 11501 Outlook Street in Overland Park, Kan.

Creditor Takes Hit on Office-Backed CMBS Debt

When an underlying loan for a 20-building campus was sold at discount, the riskiest portion was wiped out.

Commercial real estate special servicing rates year-over-year through December 2024

2024 Special Servicing Rates

The rate has neared 10 percent for the first time in four years.

Year-over-year CMBS delinquency rates through December 2024

2024 CMBS Delinquency Rates

Trepp’s monthly update. Read the report here.

Photo of Therese Fitzgerald, CPE Executive Editor

Capital Ideas: Dissecting Distress

Will lower interest rates help troubled CRE borrowers in the office market? Not likely, says Trepp’s Lonnie Hendry.

CMBS Delinquency rates through January 2024

2023 CMBS Delinquency Rates

Trepp’s monthly update.