Interestingly, given the hangover from Covid-19, the work-at-home dynamic, the spike in inflation and the upward move in interest rates, commercial mortgage delinquency rates remain at relatively low levels. As a means of comparison and using the Trepp CMBS delinquency rate index as a guide (https://www.trepp.com/trepptalk/cmbs-delinquency-rate-falls-sharply-may-2022), in April 2022 the delinquency rate was 3.5%, 22 […]