commercial real estate
  • Delinquent assets are taking over investment products that bundle risky commercial real estate debt, Bloomberg reported.
  • Collaterlized loan obligation distress rates surged 440% in 12 months ahead of January, a report said.
  • Issuers are extending maturities and buying back delinquent loans.

Investment products that cobble together risky commercial-real-estate debt are becoming increasingly strained, as more and more of their makeup is taken over by delinquent assets, Bloomberg reported.