In January, the volume of CMBS loan losses increased significantly. According to Trepp data, there were 14 loans resolved for a total loss of $167.0 million and an average loss severity of 67.63%, totaling $246.9 million in losses overall. This marks a significant increase from December’s loan loss volume, which was only $71.8 million.
This is the highest monthly total since September last year and shows a clear uptick in loan losses for CMBS loans.
Additionally, Trepp reported that the 12-month moving average monthly disposed balance decreased to $204
