[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 946.2K followers Created: 2025-07-02 16:58:00 UTC BREAKING: The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices jumped XX basis points in June, to a record 11.1%. This has now officially surpassed the post-2008 high of XXXX% and the December 2024 peak of 11.0%. Since the start of 2023, the delinquency rate on CMBS for offices has skyrocketed by XXX percentage points. Last month, $XXX billion in CMBS office loans fell into delinquency, while $X billion in previously delinquent loans were resolved. Meanwhile, the overall US CMBS delinquency rate rose X basis points, to 7.13%, the highest in at least X years. The office sector is beyond bear market territory.  XXXXXXX engagements  **Related Topics** [collateralized debt obligations](/topic/collateralized-debt-obligations) [Post Link](https://x.com/KobeissiLetter/status/1940454925596528859)
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The Kobeissi Letter @KobeissiLetter on x 946.2K followers
Created: 2025-07-02 16:58:00 UTC
BREAKING: The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices jumped XX basis points in June, to a record 11.1%.
This has now officially surpassed the post-2008 high of XXXX% and the December 2024 peak of 11.0%.
Since the start of 2023, the delinquency rate on CMBS for offices has skyrocketed by XXX percentage points.
Last month, $XXX billion in CMBS office loans fell into delinquency, while $X billion in previously delinquent loans were resolved.
Meanwhile, the overall US CMBS delinquency rate rose X basis points, to 7.13%, the highest in at least X years.
The office sector is beyond bear market territory.
XXXXXXX engagements
Related Topics collateralized debt obligations
/post/tweet::1940454925596528859