Morningstar DBRSReport
U.S. CRE 2026 Outlook: Momentum Is Healthy, but Office Dynamics and CMBS Maturity Wall Bring Challenges
The outlook notes 2025 office originations were the highest since the Great Recession even as office delinquencies stayed elevated, creating a bifurcated environment. Morningstar DBRS maintains a stable view on hotel, retail and multifamily sectors despite asset- and market-specific stress.
Read the full report at Morningstar DBRS
Published by Morningstar DBRS. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Morningstar DBRS
- Obtained from
- Morningstar DBRS
- Published
- Jan 12, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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