Hotel Loan Delinquency Rates Not Expected To Move Much This Year

If history is a guide, the current commercial mortgage-backed securities, or CMBS, delinquency rates are likely to decline eventually. Looking at the period after the two previous recessions, the periods of 9/11 and the Great Recession, shows that while delinquency rates can stay elevated, they eventually follow a downward trajectory. However, the timing of the decline in distress varies widely from one recession to the next.