A third of outstanding commercial mortgage-backed securities notes secured against offices is at risk of downgrades due to rising vacancy levels caused by hybrid working, according to Standard & Poor’s.
Third of Outstanding Office-Backed CMBS at Risk of Downgrade – S&P
Rating Agency Assumes Higher Vacancy Levels due to Hybrid Working
CoStar News
May 24, 2023 | 1:05 P.M.
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