Rise in distressed commercial mortgages
The dramatic rise in unpaid mortgages has already led to $54bn of loans transferring to special servicers in recent months — more than 10 per cent of the CMBS market
FT 25 September 2020
https://www.ft.com/content/8b61193a-38fc-400a-bbf1-d6862ea709bf
Commercial mortgage-backed securities (CMBS)
Remember 1929 when looking for the cause of the coming financial crisis
https://englundmacro.blogspot.com/2020/09/commercial-mortgage-backed-securities.html
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