Commercial Loan Defaults Hit Record High

One thing for sure – CoStar is good for reports like this – Tim
Falling Prices Hindering Already-Difficult Ability To Refinance Loans on Time
An uptick in both the number and average loan size of new defaults resulted in a one-quarter point climb in March CMBS delinquencies to end the month at 1.53%, and there are significant indicators that point to record climb in defaults in April as well, according to Fitch Ratings.
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