CRED iQ research.

Freddie Mac K-Series Underwriting in 2026: What Eight New Multifamily Securitizations Reveal About Credit Discipline and the Road Ahead

CMBS Distress Rate Climbs to 11.86% in May 2026

The Negative Leverage Divide: What 2026’s Newest CMBS Loans Reveal About Cap Rates, Coupons, and Credit

CMBS Distress Surges in 17 of the 25 Largest U.S. Markets Year-Over-Year

Who Is the Top Fannie Mae Multifamily Lender in 2026? Walker & Dunlop Leads this market

Bank Multifamily Delinquencies Up 5.9x Since the 2022 Cycle Low

Construction & Development Loans Q4 2025:

Office Distress Dominates Largest U.S. CMBS Markets in April 2026

Debt Yields Rebound as Negative Leverage Persists Across CMBS Property Types

CRE Loan Spreads Tighten Across Property Types as the 2026 Refinancing Window Widens

CMBS Distress Rate Rankings: Top 100 U.S. Markets by CBSA — February 2026

CMBS Distress Rate Climbs to 12.07% in March 2026

Commercial mortgage-backed securities distress rate reached 12.07% in March 2026, with delinquencies hitting a new cycle high.

Special Servicing Rate Reaches 11.1%, Second-Highest Level Since GFC

Analysis of special servicing rates in commercial mortgage-backed securities, reporting levels at 11.1% and delinquency trends.

Multifamily Loan Delinquencies Are Rising — And Losses Are Following

Analysis of rising delinquency rates in multifamily lending and their relationship to emerging loss trends.

CMBS Distress Rate Climbs to 11.70% in December 2025 Amid Ongoing Refinancing Pressures

CRED iQ reports the overall CMBS distress rate rose to 11.70 percent in December 2025, a third consecutive monthly increase, with a delinquency rate of 8.89 percent and a specially serviced rate of 11.15 percent.

CMBS Distress Rate Climbs to 11.6% in November 2025

CRED iQ records a November 2025 CMBS distress rate of 11.6 percent, with non-performing matured loans comprising the largest share of the distressed universe and office exhibiting the highest sector stress.

CRE CLO Distress Rate hits the Lowest Level of 2025

Analysis of commercial real estate CLO market distress rates and non-performing maturities from CRED iQ.

CRED iQ Distress Update: October Rate Climbs to 11.4%

CRED iQ reports on delinquency trends showing distress rates climbing to 11.4% in October, approaching historical highs.

CRE CLO Distress Rate Sheds 180 Basis Points

Analysis of commercial real estate CLO delinquency metrics showing a significant 180 basis point reduction in distress rates.

CRED iQ Market Update: Navigating CMBS Distress and Broader CRE Trends in Q3 2025

CRED iQ's third-quarter 2025 market update reviews CMBS distress trends and broader commercial real estate conditions across major property sectors.

CMBS Distress Rate Reaches a New Record at 11.8%

CRED iQ reports the CMBS distress rate reached a record 11.8 percent, driven by maturity defaults and continued stress in the office sector.

CMBS Distress Rate Reaches 11% - Breaking a Streak of 3 Consecutive Reductions

CRED iQ records the CMBS distress rate climbing back to 11 percent, ending three consecutive monthly reductions as maturity pressures persist.

CRED iQ's Special Servicing Rate Reaches 9.9%

CRED iQ reports the CMBS special servicing rate climbed to 9.9 percent as loans continued transferring to special servicing ahead of imminent default and maturity.