There has been a rapid deterioration of rents and occupancy in commercial real estate over the past two years. This is why Fitch Ratings has taken a cautious approach in rating CMBS transactions that contain properties that are transitional in nature.

The rating agency has taken particular caution in rating floating-rate deals that often contain properties that are in transition or approaching stabilization.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.