What You'll Learn in This Article:

• The impact of rising CMBS delinquency on the office market and corporate tenants
• Key risk factors for office buildings, including older properties and metropolitan locations
• The influence of crime rates on office occupancy and tenant demand
• What tenants should know and prepare for as commercial real estate faces ongoing challenges

As the maturing Commercial Mortgage-Backed Securities (CMBS) loans worth billions of dollars loom over the office market, distress continues to escalate. With approximately $103 billion set to mature in the second half of 2023 and another $126 billion in 2024, the debt market is bracing for a tumultuous period ahead, adding further pressure to an already challenging commercial real estate landscape.

Now, as CMBS delinquency reaches the highest levels since 2021, it’s time to evaluate who’s at the highest risk.