CRED iQ sourced and analyzed interest rate cap agreements for nearly 700 floating-rate loans that have been securitized in commercial real estate collateralized loan obligations (CLOs). Interest rate ...
The CRED iQ commercial real estate collateralized loan obligation (CLO) distress rate added 90 basis points (bps) in February — reaching a new high of 16 percent. A year ago, the CLO distress rate was ...