“For Lease”: The Commercial Real Estate Apocalypse In Photos

The latest TREPP remittance data compiled by Morgan Stanley showed a quarter of all commercial mortgage-backed securities (CMBS) could be on the verge of default. CMBS delinquencies surged to a new high in April as lockdowns continued:

 

 

 

https://www.zerohedge.com/markets/shocking-photo-reveals-coming-collapse-commercial-real-estate