Sorry for the delay in getting timely information like this out there. Again, like last quarter, not too many big surprises in the DB outlook. Some items of note:
- Deliquency rates on older loans have greatly increased, coming close the deliquency rates on more recent loans.
- Monthly deliquencies are at a historic high.
- Hotel deliquencies and retail deliquencies are way up and multi-family deliquencies are the highest to date.
- Declining property prices pose a significant threat to loans needing to refinance over the next decade.
Click Here for the Report
http://feeds.feedburner.com/Brokered-ThoughtsOnNycCommericalRealEstate