US office late payments spike on New York City loan default, Fitch says 2026
US Office Delinquency Spike Hits 8.12% as New York city Loan Default Fuels CRE Crisis, Fitch Warns New york city loan: The commercial real estate world just took another gut punch. In a stark sign of the deepening CRE crisis, the US office delinquency rate surged 42 basis points to 8.12% in September, propelled by … Read more