Mike Haas

Finance  ·  CMBS
National

Debt Metrics Come Into Focus for CMBS Deals

By Mike Haas
A $39.9 million loan secured by the Tribeca Apartments in Washington, D.C., fell 60 days delinquent in March.
Finance  ·  CMBS
National

CRE CLO Distress Rate Surpasses 10%

By Mike Haas
280 Park Avenue.
Finance  ·  Distress
New York City

SL Green, Vornado Extend $1B Senior Loan at 280 Park, Buy Back Mezz at Discount

By Brian Pascus
Finance  ·  CMBS
National

CRE Distress Rate Up 26 Basis Points in March

By Mike Haas
Finance  ·  CMBS
National

Loan Modifications Surged in 2023

By Mike Haas
Finance  ·  Analysis
New York City

Cracks Appear in Once Sturdy Market for Collateralized Loan Obligations 

By Jeff Ostrowski
Premium
Finance  ·  CMBS
National

The Emergence of CRE CLO Distress

By Mike Haas
Hartford, Conn.
Finance  ·  CMBS
National

Hartford and Charlotte Lead MSAs in Distressed Loan Count

By Mike Haas
Premium
Finance  ·  CMBS
National

CLOs’ Presence Increasing in CRE Debt Markets

By Mike Haas
Premium
Finance  ·  CMBS
National

CRE CLO Distress Rates Surge Over 440% in 12 Months

By Mike Haas
Premium
One Financial Plaza, Fort Lauderdale.
Finance  ·  CMBS
Florida

CLO Loan Secured by Fort Lauderdale Office Tower Enters Special Servicing

By Andrew Coen
Premium
The Portal I property in Washington D.C., which includes a Mandarin Oriental hotel, saw a valuation drop of $235 million in 2023, according to CRED iQ data.
Finance  ·  CMBS
National

CRE Valuations Dropped 42 Percent on Average in 2023

By Mike Haas
Premium
One Market Plaza.
Finance  ·  CMBS
National

CMBS Distress Rate Rises in January With Office Back Above 10 Percent

By Mike Haas
Premium
Jacksonville experienced the third-largest percentage drop in multifamily occupancy in late 2023.
Finance  ·  CMBS
National

Multifamily Occupancy Takes a Hit in Several Markets

By Mike Haas
Premium
A CMBS loan secured by Midtown Center in Washington D.C. was one of many to hit the servicer watchlist in 2023.
Finance  ·  CMBS
National

CMBS Distress Accelerated in Second Half of 2023

By Mike Haas
Premium
The New York City region has the highest gross space in the country and the most leases scheduled to expire in 2024 and 2025, according to CRED iQ.
Finance  ·  CMBS
National

Wave of Office Lease Expirations Set to Impact CMBS Market

By Mike Haas
Premium
One of the largest loan modifications of 2023 involved an 831,000-square-foot office building at 375 Park Avenue in Manhattan.
Finance  ·  CMBS
National

Loan Modifications Were the Common Theme in 2023

By Mike Haas
Premium
Finance  ·  CMBS
National

CMBS Delinquencies Fall Slightly in November

By Mike Haas
Premium