{"id":1004807303,"date":"2026-08-04T06:15:59","date_gmt":"2026-08-04T14:15:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004807303"},"modified":"2026-08-04T07:19:58","modified_gmt":"2026-08-04T15:19:58","slug":"cmbs-delinquencies-distress-increased-in-july","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/","title":{"rendered":"CMBS Delinquencies, Distress Increased in July"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new <a href=\"https:\/\/www.kbra.com\/publications\/tKCQfrZb\/cmbs-loan-performance-trends-july-2026?format=web\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">report from KBRA<\/a> on U.S. commercial mortgage-backed securities loan performance trends over the July 2026 servicer reporting period.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a720ddb54865&quot;}\" data-wp-interactive=\"core\/image\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"450\" data-attachment-id=\"1004807387\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/kbra-july-2026-cmbs-delinquency-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg\" data-orig-size=\"800,450\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"KBRA-July-2026-CMBS-Delinquency\" data-image-description=\"&lt;p&gt;Chart shared with Scott.&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg\" alt=\"A chart showing CMBS delinquency rates for various property types on a three-month moving average.\" class=\"wp-image-1004807387\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency-edited.jpg?resize=768,432 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Overall delinquencies increased by 29 basis points to 7.8 percent in July. <em>Image courtesy of KBRA<\/em><\/figcaption><\/figure>\n\n\n\n<p>Overall delinquencies increased by 29 basis points to 7.8 percent, or $26.1 billion, in July. This rise was driven by an increase in conduits that was partially offset by a decline in the single borrower\/large loan category.<\/p>\n\n\n\n<p>Concurrently, the distress rate climbed to 10.1 percent, as both conduit and SB\/LL saw minor increases in July. KBRA noted, however, that this rate remained 49 basis points lower year-over-year. (Distress was defined as delinquent plus current-but-specially-serviced loans.)<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/working-out-distressed-office-one-square-foot-at-a-time\/\">Working Out Distressed Office\u2014One Square Foot at a Time<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Breaking those figures down by product type, the office distress rate declined 33 basis points to 17.2 percent in July, driven mostly by the return to the master servicer of 3 Park Avenue ($182 million across three conduits) and the resolutions of Bank of America Plaza ($400 million across four conduits) and Gateway Center ($91.8 million in JPMCC 2013-C10).<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a720ddb55b61&quot;}\" data-wp-interactive=\"core\/image\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1436\" height=\"670\" data-attachment-id=\"1004807385\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/kbra-july-2026-cmbs-distress\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png\" data-orig-size=\"1436,670\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"KBRA-July-2026-CMBS-Distress\" data-image-description=\"&lt;p&gt;Chart shared with Scott.&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png\" alt=\"A chart showing CMBS distress rates for various property types on a three-month moving average.\" class=\"wp-image-1004807385\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png 1436w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png?resize=300,140 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png?resize=768,358 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Distress.png?resize=1024,478 1024w\" sizes=\"auto, (max-width: 1436px) 100vw, 1436px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The office distress rate declined 33 basis points to 17.2 percent in July. Image courtesy of KBRA<\/figcaption><\/figure>\n\n\n\n<p>On the other side of the office ledger, 1812 N. Moore in Arlington, Va., with $172.8 million across two conduits, and 675 Creekside Way in Campbell, Calif., with $83.4 million across three conduits, both fell more than 30 days delinquent.<\/p>\n\n\n\n<p>The retail distress rate increased by 91 basis points to 9.6 percent, driven primarily by three loans transferring to the special servicer: Augusta Mall in Augusta, Ga. ($155.2 million across two conduits); Yorktown Center in Lombard, Ill. ($120.5 million in CG-CCRE 2014-FL1); and Harbor Place in Baltimore ($67.5 million in UBS-BB 2013-C5). Despite this July increase, KBRA noted, the distress rate for retail assets is down 2 basis points year-over-year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-difficulties-by-the-bay\">Difficulties by the Bay<\/h2>\n\n\n\n<p>The report highlights what KBRA calls the most notable development among the SASB and LL deals it rates. After several months of due diligence, Prado Group and Presidio Bay Ventures withdrew their bid to buy Westfield San Francisco Centre.<\/p>\n\n\n\n<p>The collateral asset is a 1.1 million-square-foot portion of a 1.4 million-square-foot mixed-use retail property in downtown San Francisco. Known as Emporium Centre San Francisco, the property secures a $558 million whole loan that was sent to special servicing in July 2023 for monetary default, KBRA reported.<\/p>\n\n\n\n<p>The report is based on KBRA\u2019s observations of its $343.8 billion rated universe of U.S. private-label <a href=\"https:\/\/www.commercialsearch.com\/news\/cmbs-whos-winning-and-whos-losing\/\">CMBS<\/a>, including conduits, single-asset, single-borrower and LL transactions. Collectively, these transactions are collateralized by $9 billion fully defeased and $334.8 billion non\u2013fully defeased loans.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although retail assets have been somewhat harder hit, distress for retail and office properties is lower than a year ago.<\/p>\n","protected":false},"author":882,"featured_media":1004807384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21783,23891,21742,21747,21749],"tags":[35826,52943],"class_list":["post-1004807303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment","category-national","category-latest","category-office","category-retail","tag-cmbs","tag-kbra"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CMBS Delinquencies, Distress Increased in July - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMBS Delinquencies, Distress Increased in July\" \/>\n<meta property=\"og:description\" content=\"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-04T14:15:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-04T15:19:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"CMBS Delinquencies, Distress Increased in July\",\"datePublished\":\"2026-08-04T14:15:59+00:00\",\"dateModified\":\"2026-08-04T15:19:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/\"},\"wordCount\":431,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/08\\\/KBRA-July-2026-CMBS-Delinquency.jpg\",\"keywords\":[\"CMBS\",\"KBRA\"],\"articleSection\":[\"Finance\",\"Investment\",\"National\",\"News\",\"Office\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/\",\"name\":\"CMBS Delinquencies, Distress Increased in July - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/08\\\/KBRA-July-2026-CMBS-Delinquency.jpg\",\"datePublished\":\"2026-08-04T14:15:59+00:00\",\"dateModified\":\"2026-08-04T15:19:58+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/08\\\/KBRA-July-2026-CMBS-Delinquency.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/08\\\/KBRA-July-2026-CMBS-Delinquency.jpg\",\"width\":800,\"height\":620,\"caption\":\"A chart showing CMBS delinquency rates for various property types on a three-month moving average.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cmbs-delinquencies-distress-increased-in-july\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CMBS Delinquencies, Distress Increased in July\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CMBS Delinquencies, Distress Increased in July - Commercial Property Executive","description":"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/","og_locale":"en_US","og_type":"article","og_title":"CMBS Delinquencies, Distress Increased in July","og_description":"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.","og_url":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2026-08-04T14:15:59+00:00","article_modified_time":"2026-08-04T15:19:58+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"CMBS Delinquencies, Distress Increased in July","datePublished":"2026-08-04T14:15:59+00:00","dateModified":"2026-08-04T15:19:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/"},"wordCount":431,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","keywords":["CMBS","KBRA"],"articleSection":["Finance","Investment","National","News","Office","Retail"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/","url":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/","name":"CMBS Delinquencies, Distress Increased in July - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","datePublished":"2026-08-04T14:15:59+00:00","dateModified":"2026-08-04T15:19:58+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"description":"The CMBS sector is seeing both increasing 30-plus-day delinquencies and rising distress, according to a new report from KBRA.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","width":800,"height":620,"caption":"A chart showing CMBS delinquency rates for various property types on a three-month moving average."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-delinquencies-distress-increased-in-july\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CMBS Delinquencies, Distress Increased in July"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/KBRA-July-2026-CMBS-Delinquency.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004807303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004807303"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004807303\/revisions"}],"predecessor-version":[{"id":1004807396,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004807303\/revisions\/1004807396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004807384"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004807303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004807303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004807303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}