|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000
|
1999 |
1998 |
1997 |
1996 |
Originations – Total (MBA) |
$532 billion (est) |
$530 billion |
$490.6 billion |
$503.8 billion |
$399.8 billion |
$358.5 billion |
$244.2 billion |
|
|
|
|
|
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations – Office Properties (MBA) |
na |
na |
na
|
na
|
na |
na |
na |
|
|
na
|
|
|
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations – Multifamily $ (MBA) |
$302 billion (est) |
$285 billion |
|
|
$195.1 billion |
$137.0 billion |
$146.1 billion |
$110.1 billion
|
|
|
$87.9 billion
|
|
|
|
na
|
|
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations – Multifamily # (MBA) |
na |
na |
na
|
na
|
na |
44,696 |
41,106 |
31,144 |
22,256 |
20,678 |
33,304 |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations – Multifamily (Freddie) |
na |
$295 billion (est) |
$280 billion (est) |
na |
$161 billion forecast |
$172 billion |
$143 billion |
na |
na
|
na
|
|
$148 billion |
na |
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations for Conduits (MBA) |
na |
na |
na
|
na
|
na |
na |
na |
na
|
na
|
na
|
|
|
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Originations
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000
|
1999 |
1998 |
1997 |
1996 |
Biggest Commercial Originators (MBA)
|
na |
na |
1. Wells Fargo
2. JPMorgan Chase & Co.
3. HFF LP
4. Eastdil Secured
5. PNC Real Estate |
|
|
|
|
|
|
|
|
1. Wachovia
2. Wells Fargo Bank, N.A.
3. Bank of America
4 . Deutsche Bank Commercial Real Estate
5. Credit Suisse
|
na |
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
FHA $ Endorsements including multifamily, resident care & hospital through Dec. 31 (calendar HUD )
|
$15.497 billion through Aug 31 |
$18.465 billion |
|
$9.672 billion |
$13.617 billion |
na |
na |
na |
na |
na |
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
FHA # Endorsements including multifamily, resident care & hospital through Dec. 31 (calendar HUD)
|
962Â through Aug 31 |
1,289 |
|
1,128 |
1,458 |
na |
na |
na |
na |
na |
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
FHA $ Endorsements including multifamily, resident care & hospital fiscal year ended Sept. 30 (HUD )
|
$20.865 billion through Aug 31 |
$17.992 billion |
|
|
$15.175 billion |
na |
na |
na |
na |
na |
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
FHA # Endorsements including multifamily, resident care & hospital fiscal year ended Sept. 30 (HUD)
|
1,319Â through Aug 31 |
1,317 loans |
|
|
1,570 |
2,657 |
2,348 |
na |
na |
na |
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
CMBS Issuance (MBA) |
na |
na |
na |
|
$106.3 billion |
$80.0 billion |
na |
na
|
na
|
|
|
|
|
|
|
|
|
|
|
na
|
na
|
na
|
na
|
CMBS Issuance (Morningstar) |
na |
na |
na |
na
|
$100 billion forecast |
na |
na |
na |
na |
na |
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
CMBS Issuance (Trepp LLC) |
na |
$58.6 billion through Sep 30 |
$42.5 billion through Sep 30 |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
CMBS Issuance (Moody’s) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
|
$230.0 billion |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
CMBS Issuance (S&P)
|
na |
na |
na |
na |
na |
$60-70 billion (est.) |
$35 billion (est.) |
|
na
|
na
|
na
|
na |
na |
na |
na |
na |
$60 billion |
$74 billion |
na |
na
|
na
|
na
|
na
|
CMBS Issuance (Thomson Reuters) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
|
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
CMBS Issuance (Federal Register) |
na |
na |
na |
na |
na |
na |
na |
na
|
$27.3 billion
|
$38.75 billion
|
$33.6 billion
|
$319.9 billion
|
$305.7 billion
|
$245.9 billion
|
$137 billion
|
$107.35 billion
|
$89.9 billion
|
na
|
na
|
na
|
na
|
na
|
na
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Agency CRE Issuance Issuance
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Freddie Mac Multifamily Whole Loan and Bond Guarantees |
na |
na |
|
|
$28.3 billion |
$25.9 billion |
$28.8 billion |
|
|
|
$24 billion
|
$22 billion |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Fannie Mae # of Multifamily Units Financed (Fannie) |
na |
553,000Â through Sep 30 |
|
|
413,000 |
|
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
Freddie Mac # of Multifamily Units Financed (Freddie) |
550,900 units 2018 through Sep 30 |
820,000 |
|
|
446,000 |
|
|
|
|
|
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Fannie Mae Multifamily Issuance |
na |
na |
$55.0 billion |
$42.3 billion |
$28.9 billion |
$28.8 billion |
|
$24.4 billion |
$ 16.4 billion |
na
|
na
|
na |
na |
na |
na |
na |
$22.0 billion |
na |
na |
na
|
na
|
na
|
na
|
Freddie Mac Multifamily Issuance |
na |
$68 billion |
$51.2 billion |
na |
$22.4 billion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
Ginnie Mae Multifamily Issuance (calendar) |
$12.666 billion through Sep 30 |
$18.989 billion |
|
|
$17.7 billion |
$24.1 billion |
$21.8 billion |
$17.4 billion |
$13.8 billion |
na
|
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Commercial Mortgages Outstanding
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
2002
|
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Total O/S as of Q4 (MBA)
*approximate
|
na |
$3.182 trillion |
$2.982 trillion |
$2.795 trillion |
$2.640 trillion |
$2.519 trillion |
$2.442 trillion |
$2.403 trillion
|
$2.3778 trillion
|
$2.4450 trillion (MBAÂ revised 3/2011)
|
$3.4820 trillion |
$3.327Â trillion |
$3.0 trillion* |
$2.6 trillion* |
$2.3 trillion* |
$2.1 trillion* |
$1.8 trillion* |
$1.7 trillion* |
$1.6 trillion* |
na
|
na
|
na
|
na
|
FDIC-Insured Banks &Â Thrifts as of Dec. 31 (MBA) |
na |
$1.265 trillion |
$1.194 trillion |
$1.078 trillion |
$0.967 trillion |
$0.897 trillion |
$0.836 trillion |
$0.7939 trillion
|
0.8023 trillion
|
$0.8136 trillion
|
$1.550 trillion |
$1.2 trillion |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Life Insurer Holdings as of Dec. 31Â (MBA) |
na |
$0.468 trillion |
$0.425 trillion |
$0.393 trillion |
$0.359 trillion |
$0.339 trillion |
$0.322 trillion |
$0.3133 trillion
|
$0.2987 trillion
|
$0.3062 trillion
|
$0.316 trillion |
$299 billion |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Nonfarm, nonresidential mortgage assets at Banks as of Dec. 31 (FDIC) |
na |
na |
na
|
|
$1.1332Â trillion as of Sep 30 |
$1.1096Â trillion as of Mar 31 |
$1.0734 trillion |
$1.0592 trillion |
$1.0712 trillion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Commercial Mortgages Outstanding
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
2002
|
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Multifamily Mortgage Debt Outstanding as of Dec. 31 (Freddie) |
na |
na |
|
$1.088 trillion |
$0.986 trillion |
$0.923 trillion |
$0.889 trillion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Multifamily Loans assets at Banks as of Dec. 31 (FDIC) |
na |
na |
na
|
|
na |
na |
na |
$0.2185 trillion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Multifamily O/S as of Dec. 31 (MBA) *approximate
|
na |
na |
$1.168 trillion as of Q1 |
$1.145 trillion |
$0.964 trillion |
$0.8950 trillion |
$0.8584 trillion |
0.8080 trillion
|
|
|
$0.9034 trillion |
$0.831Â trillion |
$0.750 trillion* |
$0.700 trillion* |
$0.630 trillion* |
$0.570 trillion* |
$0.500 trillion* |
$0.450 trillion* |
$0.410 trillion* |
na
|
na
|
na
|
na
|
FHA Multifamily Insurance in-Force as of Dec. 31 (HUD)
|
$94.178 billion as of Aug 31 |
$86.451 billion |
|
|
$70.750 billion |
$65.182 billion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
CMBS Outstanding
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
2002
|
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
CMBS O/S as of Dec. 31 (MBA)
|
na |
na |
$0.438 trillion as of Q1 |
$0.459 trillion |
$0.533 trillion |
$0.5674 trillion |
$0.5668 trillion |
$0.5892 trillion
|
$0.6209 trillion
|
$0.6713 trillion
|
$0.746 trillion |
$0.821 trillion |
$632.0 billion |
$484.8 billion |
$382.9 billion |
$326.0 billion |
$279.4 billion |
$245.7 billion |
$200.8 billion |
$172.8 billion
|
$126.1 billion
|
na
|
na
|
CMBS O/S as of Dec. 31 (Moody’s) |
na |
na |
na |
na
|
na |
na |
na |
$582.8 billion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Outstanding Fannie Mae Multfamily MBS as of Dec. 31
|
na |
na |
|
|
$203.3 billion |
na |
|
$100.0 billion |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Outstanding Ginnie Mae Multfamily MBS as of Dec. 31 |
na |
$0.1077 trillion |
|
na
|
na |
na |
$67.4 billion as of Sep. 30 |
$58 billion as of Sep. 30 |
$50 billion as of Nov. 29 |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Maturing Loans |
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
2002
|
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Non-bank Mortgage Maturities Balance as of Dec. 31 (MBA) |
na |
na |
$183.3 billion (est.) |
$158 billion (est.) |
$92 billion (est.) |
$119 billion |
$151 billion |
$155 billion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Multifamily Market Share |
na |
na |
na |
na |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Fannie Multifamily Market Share as of Dec. 31 (GAO) |
na |
na |
na |
na |
na |
na |
na |
30% |
34% |
44% |
35% |
16% |
17% |
17% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
Freddie Multifamily Market Share as of Dec. 31 (GAO) |
na |
na |
na |
na |
na |
na |
na |
27% |
29% |
42% |
27% |
13% |
10% |
10% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
30-day CRE Delinquency at Banks(FDIC) |
na |
na |
na |
na |
na |
na |
na |
|
na
|
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
30-day Multifamily Delinquency at Banks (FDIC) |
na |
na |
na |
na |
na |
na |
na |
|
|
5.64% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
30-day Commercial Delinquency Excluding Construction Loans (MBA/Federal Reserve) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na |
1.81% (March 31) |
1.21% (March 31) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
30-day Construction Loan Delinquency (MBA/Federal Reserve) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na |
7.18% (March 31) |
1.18% (March 31) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
60-day Delinquency at Life Insurance Companies as of Dec. 31 (MBA) |
0.04% as of Q3 |
0.03% |
0.04% |
0.04% |
0.08% |
0.05% |
0.08% |
|
|
0.19% |
0.07% |
0.01% |
0.02% |
0.05% |
0.08% |
0.12% |
0.28% |
0.12% |
0.28% |
0.25%
|
0.48%
|
0.90%
|
1.79%
|
Delinquency CRE
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
90-day Delinquency at FDIC-Insured Institutions as of Dec. 31 (MBA) |
0.48% as of Q3 |
0.51% |
0.59% |
0.73% |
1.14% |
1.70% |
2.62% |
|
|
3.94% |
1.62% |
0.80% |
0.56% |
0.53% |
0.61% |
0.78% |
0.86% |
0.92% |
0.69% |
0.73%
|
0.94%
|
1.18%
|
1.58%
|
90-day Commercial Delinquency at Financial Institutions (Real Estate Econometrics)
|
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
2.25%Â (Q1) |
1.62% |
0.81% |
0.60% |
0.60% |
0.69% |
0.89% |
na |
na |
na |
na
|
na
|
na
|
na
|
90-day Multifamily Delinquency at Financial Institutions (Real Estate Econometrics) |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
2.45%Â Q1 |
1.77% |
0.76% |
0.53% |
0.25% |
0.26% |
0.28% |
na |
na |
na |
na
|
na
|
na
|
na
|
Delinquency 30-Day CMBS
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
30-day CMBS Delinquency as of Dec. 31 (MBA) |
3.05% as of Q3 |
4.08% |
|
|
5.11% |
6.85% |
8.73% |
|
|
5.70% |
1.17% |
0.39% |
0.41% |
0.85% |
1.29% |
1.72% |
1.47% |
1.26% |
0.81% |
0.51%
|
0.54%
|
0.39%
|
na
|
30-day CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
1.94%Â as of Aug 31 |
2.41% |
|
|
3.92% |
5.349% |
7.552% |
|
8.285% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
30-day Healthcare CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
1.77%Â as of Feb 28 |
1.77% |
|
|
2.9% |
9.2% |
6.4% |
|
11.5% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
30-day Hotel CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
2.48%Â as of Feb 28 |
2.48% |
|
|
4.2% |
6.4% |
10.3% |
|
13.8% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Delinquency 30-Day CMBS
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
30-day Industrial CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
4.59%Â as of Feb 28 |
4.44% |
|
|
6.5% |
10.4% |
10.1% |
|
8.6% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
30-day Multifamily CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
0.31%Â as of Feb 28 |
0.32% |
|
|
2.2% |
3.0% |
5.2% |
|
10.0% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
30-day Office CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
4.99%Â as of Feb 28 |
5.48% |
|
|
5.6% |
7.6% |
9.9% |
|
6.7% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
30-day Retail CMBSÂ Delinquency as of Dec. 31 (Morningstar)
|
5.59%Â as of Feb 28 |
5.67% |
|
|
5.0% |
5.6% |
7.1% |
|
7.4% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
30-day CMBSÂ Delinquency as of Dec. 31 (Trepp)
|
3.33%Â as of Nov 30 |
4.89% |
5.23% |
|
5.75% |
7.43% |
9.71% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Industrial CMBSÂ Delinquency as of Dec. 31 (Trepp)
|
3.00%Â as of Nov 30 |
5.67% |
5.62% |
|
7.55% |
10.46% |
11.24% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Lodging CMBSÂ Delinquency as of Dec. 31 (Trepp)
|
1.93%Â as of Nov 30 |
3.82% |
3.57% |
|
4.77% |
7.91% |
11.73% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Multifamily CMBSÂ Delinquency as of Dec. 31 (Trepp)
|
2.04%Â as of Nov 30 |
2.36% |
2.72% |
|
8.85% |
10.86% |
13.98% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Office CMBSÂ 30-day Delinquency as of Dec. 31 (Trepp) |
3.83%Â as of Nov 30 |
6.40% |
7.13% |
5.79% |
6.08% |
8.13% |
10.66% |
8.97% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Retail CMBSÂ Delinquency as of Dec. 31 (Trepp)
|
5.30%Â as of Nov 30 |
6.13% |
6.37% |
|
5.66% |
6.06% |
7.62% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Delinquency CMBS 60-Day or Worse
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
60-day CMBSÂ Delinquency (Fitch)
|
na |
3.72%Â as of June 30 |
|
|
4.62% |
6.10%Â as of Nov 30 |
7.99% |
8.37%
|
8.23% |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Multifamily CMBSÂ Delinquency (Fitch)
|
na |
0.67%Â as of June 30 |
|
|
5.22% |
7.01%Â as of Nov 30 |
10.12% |
15.71%Â as of Nov. 30 |
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Hotel CMBSÂ Delinquency (Fitch)
|
na |
2.84%Â as of June 30 |
|
|
6.20% |
6.96%Â as of Nov 30 |
8.87% |
12.66%Â as of Nov. 30 |
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Retail CMBSÂ Delinquency (Fitch)
|
na |
6.23%Â as of June 30 |
|
|
5.37% |
5.78%Â as of Nov 30 |
7.14% |
6.63%Â as of Nov. 30 |
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Industrial CMBSÂ Delinquency (Fitch)
|
na |
5.17%Â as of June 30 |
|
|
4.83% |
8.50%Â as of Nov 30 |
8.61% |
10.34%Â as of Nov. 30 |
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Office CMBSÂ Delinquency (Fitch) |
na |
6.23%Â as of June 30 |
4.68%Â as of Sep 30 |
4.73%Â as of Jul 31 |
5.01% |
6.77%Â as of Nov 30 |
8.41% |
6.56%Â as of Nov. 30 |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Mixed Use CMBSÂ Delinquency (Fitch) |
na |
4.20%Â as of June 30 |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Delinquency CMBS 60-Day or Worse
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
4.52% as of Aug 31 |
5.86% |
na |
na |
na |
na |
9.30%Â as of Jan. 31 |
|
|
4.9% |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Hotel CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
3.02% as of Aug 31 |
na |
na |
na |
na |
na |
12.95%Â as of Jan. 31 |
|
|
9.07% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Multifamily CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
2.08% as of Aug 31 |
2.17% |
na |
na |
na |
na |
13.77%Â as of Jan. 31 |
|
|
8.14% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Retail CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
6.30% as of Aug 31 |
na |
na |
na |
na |
na |
7.58%Â as of Jan. 31 |
|
|
4.52% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Industrial CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
5.10% as of Aug 31 |
8.58%Â as of Jul 31 |
na |
na |
na |
na |
11.93%Â as of Jan. 31 |
|
|
3.42% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Office CMBS 60-day Delinquency as of Dec. 31 (Moody’s) |
5.56% as of Aug 31 |
7.93% |
na |
na |
na |
na |
8.53%Â as of Jan. 31 |
|
|
3.19% |
na |
na |
na |
na |
na |
na |
na |
na |
na |
na
|
na
|
na
|
na
|
Delinquency CMBS 60-Day or Worse
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Industrial CMBSÂ Delinquency (S&P)
|
na |
na |
na |
na |
na |
na |
na |
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na |
na
|
na
|
na
|
na
|
na |
Loans in Foreclosure as of Dec. 31 (Morningstar) |
na |
na |
na |
na |
na |
na |
na |
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
na
|
Delinquency Agency CMBS
|
na |
na |
na |
na |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
60-day Fannie Mae Multifamily Delinquency (Dec. 31) |
0.08%Â as of Aug 31 |
0.11% |
0.05% |
|
0.05% |
0.10% |
0.24% |
|
|
0.63% |
0.30% |
0.08% |
0.08% |
0.27% |
0.10% |
0.13% |
0.13% |
0.33% |
0.04% |
0.12%
|
0.29%
|
0.37%
|
0.68%
|
60-day Freddie Mac Multifamily Delinquency as of Dec. 31 |
0.01%Â as of Oct 31 |
0.02% |
0.03% |
|
0.04% |
0.09% |
0.19% |
|
|
0.15% |
0.01% |
0.02% |
0.05% |
0.00% |
0.06% |
0.05% |
0.13% |
0.15% |
0.04% |
0.14%
|
0.37%
|
0.96%
|
1.96%
|
|
2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010
|
2009
|
2008 |
2007
|
2006
|
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
Biggest Commercial Servicers |
as of Jun 30:
1. Wells Fargo Bank, N.A
2, PNC Real Estate/Midland Loan Services
3. KeyBank, N.A.
4. Berkadia Commercial Mortgage LLC
5. CBRE Loan Services |
na |
1. PNC Real Estate/Midland Loan Services
2. Wells Fargo Bank, N.A.
3. Berkadia Commercial Mortgage LLC
4. KeyBank National Association
5. CBRE Loan Services |
1. Wells Fargo Bank, N.A.
2. PNC Real Estate / Midland Loan Services
3. Berkadia Commercial Mortgage LLC
4. KeyBank National Association
5. GEMSA Loan Services, L.P. |
1. Wells Fargo Bank, N.A.
2. PNC Real Estate / Midland Loan Services
3. Berkadia Commercial Mortgage LLC
4. KeyBank National Association
5. GEMSA Loan Services, L.P. |
1. Wells Fargo Bank, N.A.
2. PNC Real Estate / Midland Loan Services
3. Berkadia Commercial Mortgage LLC
4. KeyBank, N.A.
5. GEMSA Loan Services LP
|
1. Wells Fargo
2. PNC
3. Berkadia
4. Bank of America-Merrill Lynch
5. KeyBank
(as of Dec. 31) |
|
1. Wells Fargo
2. PNC
3. Berkadia
4. Bank of America-Merrill Lynch
5. KeyBank
(as of Dec. 31)
|
|
|
|
na
|
na
|
na
|
na
|
1. GMACÂ Commercial
2. Wachovia Securities
3. Midland Loan Services
4. CapMark Services
5. GEMSA Loan Services |
na
|
na
|
na
|
na
|
na
|
na
|