Wednesday, December 8, 2010

Charting Commercial Real Estate Delinquencies

I have been a total blogging slacker, for which I apologize.  I've been fairly obsessed with commercial real estate debt for the past month or so and reading documents with lots of numbers.  One such document is the Mortgage Bankers Association report on delinquency rates in the third quarter of 2010.  Not good news.  I have made a nifty chart to illustrate this data which I will hopefully attach to this post without incident:

Workbook2 Sheet1
Source:  Mortgage Bankers Association, Mortgage Delinquency Rates Among Major Investor Groups Q3 2010, December 2010.

The best estimates are that $1.4 trillion of commercial real estate debt will mature before 2014, and the estimated equity gap (difference between refinancing proceeds and payoff amounts for prior debt) will exceed $800 billion.  I'm working on an article that attempts to describe how this problem came to be and what we might be able to do to solve it. If you have any thoughts on the subject, please share.

Tanya Marsh

[Comments will be held for approval and may be delayed]

Real Estate Transactions | Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference Charting Commercial Real Estate Delinquencies:


Post a comment