Quote post: @KobeissiLetter on CMBS delinquencies (office 12.33%, multifamily 8.09%, headline down on one loan cure)
Trepp's October data has office CMBS delinquencies at 12.33% and multifamily at 8.09%.
The headline rate fell to 7.87% only because one $975M loan got current. I think that cure hides a month where 3 of 5 property types got worse.
https://x.com/KobeissiLetter/status/2119452131488838051
Sources: Trepp: CMBS delinquency rate drops 15 bps to 7.87% in October 2026; office 12.33%, multifamily 8.09% · CRE Daily: $975M showroom loan cure drove the dip; three of five property types worsened
Not financial advice. For informational and educational purposes only.