Credit·Line·14 Jun 2026
CRE Stress Is No Longer Just an Office Story
Commercial real estate delinquency rates by property type, 2015–2025 (annual average, %)
Source FDIC Quarterly Banking Profile (QBP); Trepp CMBS Delinquency Report; Federal Reserve Bank of St. Louis FRED database (DRCRELEXFACBS)
Method Delinquency rates represent annual averages of quarterly CMBS and bank CRE loan delinquency data. Office, Multifamily, Retail, and Industrial from Trepp CMBS series; Construction from FDIC QBP bank loan data. Values are approximate pending full quarterly verification.