90% Of Maturing CMBS (Commercial Mortgage-Backed Securities) Of Office Properties Defaulted At Their Maturity In September
89% defaulted ($672 million) and 11.1% ($83.7 million) were paid off during September 2023. None were extended or modified, according to Moody’s Analytics. A new company, Arthroto, has a plan to make conversion of office to residential easier and cheaper by using factory-manufactured components that can be assembled floor by floor without disrupting other floor…Read More→