Relevant:
- Fitch Warns on $18.1B in Recent-Vintage CMBS
- Fitch Downgrades Four CMBS Transactions on Likely Default
- Fitch says US Hotel CMBS Delinquencies to Double to 25-30%
- CMBS Delinquencies May Double by 2012, Says Fitch
- Record Commercial Real Estate Deterioration In June As CMBS Investors Pray For 50% Recoveries
2009-06-30 — researchrecap.com
" Approximately 15% of UK loans are in breach of a covenant or in outright payment default, and although at a historical high, this figure understates the full impact of falling capital values on UK CMBS leverage,†- Mario Schmidt, Associate Director in Fitch’s EMEA CMBS Performance Analytics team."
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