There's trouble ahead in the commercial real estate space—especially in the office sector, which has been plagued by the shift to remote work.
In the first quarter of this year, the commercial real estate loan delinquency rate increased by 12 basis points to 0.77%. That’s the highest it’s been since the third quarter of 2021, when it reached 0.83%, according to a new report published by S&P Global Market Intelligence. It's a bigger deal than it might first appear.
