Commercial Mortgage Delinquencies Near All-Time Lows, But Heading Higher

I’ve got good news and bad news.

The bad news is that commercial mortgage delinquencies are up. The good news is that commercial mortgage delinquencies are still at historic lows. Financial Week has the scoop.

Click on our Logo to Visit our Website

Here’s the money quote: “Although commercial mortgage delinquencies remain near historic lows, the eroding fundamentals in the commercial real estate market and continued weakness in the overall economy mean more commercial mortgage holders will have difficulty meeting their obligations, according to experts.”
The commercial sector OK for now, but credit and economic growth need to be restored quickly or it’s going to get ugly. (By that I mean uglier than it already is.)

Institutional money is hard to come-by today; many clients are turning to private commercial mortgage loans to get their deals closed. Our firm, MasterPlan Capital, offers both conventional and private lending.

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: