KBRA Releases 2018 CMBS Default and Loss Study

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its CMBS Default and Loss Study: Defaults and Losses Fall to Multi-Year Lows. In total, KBRA analyzed 98,175 commercial real estate loans from 805 fixed-rate conduit transactions with an aggregate cut-off balance in excess of $1.0 trillion. The study population includes loans with one year of seasoning that were primarily originated for securitization between 1995 and June 2017. Some key takeaways from the study included the fo