CMBS Distress Signals
Analyze CMBS deals for signals of distress including special servicing, delinquency, balloon maturity, and other risk indicators.
CMBS Distress Signals
Monitor and analyze distress signals across CMBS deals to identify potential credit concerns and assess portfolio risk exposure.
At Dealcharts.org, we track multiple indicators of distress in CMBS deals including special servicing activity, delinquency patterns, balloon maturity exposure, and valuation changes. This comprehensive view helps investors and analysts identify early warning signs and assess portfolio risk.
Distress Metrics
Key distress indicators across CMBS deals including special servicing activity, delinquency, and balloon maturity exposure.Distress Overview
Financial Impact
Distress Signals Table
Search and explore CMBS deals by distress signals. View detailed metrics and external resources.| Deal | Current Balance | Special Servicing | Delinquent | Perf Mat Balloon | Non-Perf Mat Balloon | Valuation Change |
|---|---|---|---|---|---|---|
| WFCM 2017-C392017 • WF | $994.1M | $250M7 loans | N/A0 loans | N/A0 loans | N/A0 loans | -$272.8M |
| GSMS 2017-GS52017 • GSMS | $953.1M | $237.3M5 loans | $95.1M3 loans | N/A0 loans | N/A0 loans | -$53.1M |
| BMARK 2018-B22018 • BMARK | $1.1B | $220.7M7 loans | $65.4M2 loans | N/A0 loans | $79.5M1 loans | -$166.8M |
| CD 2017-CD32017 • CD | $1.1B | $216M5 loans | $188.5M4 loans | N/A0 loans | N/A0 loans | -$755.3M |
| GSMS 2018-GS102018 • GSMS | $850.5M | $212.5M8 loans | $8.9M1 loans | $128.4M6 loans | $75.2M1 loans | -$68.4M |
| BANK 2017-BNK92017 • BANK | $873.2M | $209.4M3 loans | $104.1M2 loans | N/A0 loans | N/A0 loans | -$271.1M |
| CSAIL 2017-C82017 • CSAIL | $659.8M | $199.4M4 loans | N/A0 loans | N/A0 loans | N/A0 loans | -$57.4M |
| UBSCM 2018-C92018 • UBS | $750.1M | $190.1M5 loans | $190.1M5 loans | N/A0 loans | N/A0 loans | -$132.9M |
| BMARK 2019-B102019 • BMARK | $975.3M | $190M5 loans | $45.2M2 loans | N/A0 loans | N/A0 loans | -$35.6M |
| BMARK 2019-B142019 • BMARK | $1.2B | $188.3M5 loans | $25.3M2 loans | $89M2 loans | $94M2 loans | -$608.7M |
| JPMDB 2017-C52017 • JPM | $859.8M | $182.3M5 loans | $130.6M3 loans | N/A0 loans | N/A0 loans | -$459.1M |
| COMM 2019-GC442019 • COMM | $961.7M | $180.4M4 loans | N/A0 loans | $59.8M1 loans | $50M1 loans | -$502.5M |
| CGCMT 2017-P82017 • CGCMT | $1B | $180.2M5 loans | $36.3M1 loans | N/A0 loans | $42.1M1 loans | -$94.9M |
| BBCMS 2023-C192023 • BBCMS | $847.4M | $165.1M10 loans | $131.6M8 loans | N/A0 loans | N/A0 loans | -$2.2M |
| BBCMS 2020-C72020 • BBCMS | $783.2M | $155.3M6 loans | $45.3M3 loans | $110M3 loans | N/A0 loans | -$757.8M |
| CGCMT 2017-P72017 • CGCMT | $845.3M | $153M6 loans | $79.8M4 loans | N/A0 loans | N/A0 loans | -$459.6M |
| GSMS 2017-GS72017 • GSMS | $1B | $148M3 loans | $37M1 loans | N/A0 loans | N/A0 loans | $53.2M |
| CSAIL 2020-C192020 • CSAIL | $808.7M | $143.6M3 loans | $96M3 loans | N/A0 loans | N/A0 loans | -$328.1M |
| JPMCC 2017-JP72017 • JPM | $621.1M | $138.6M4 loans | $18.6M1 loans | N/A0 loans | N/A0 loans | -$160.9M |
| CF 2019-CF12019 • CF | $736.8M | $136M2 loans | N/A0 loans | N/A0 loans | $136M2 loans | -$118M |
| BMARK 2019-B122019 • BMARK | $1.1B | $135.4M5 loans | N/A0 loans | $30M1 loans | $65M1 loans | -$237.7M |
| GSMS 2017-GS82017 • GSMS | $912.2M | $133.8M2 loans | $33.8M1 loans | N/A0 loans | N/A0 loans | -$13.5M |
| COMM 2018-COR32018 • COMM | $976M | $133.7M3 loans | $143.2M4 loans | N/A0 loans | N/A0 loans | -$360.4M |
| UBSCM 2018-C122018 • UBS | $665.6M | $132.2M8 loans | $49.9M5 loans | N/A0 loans | $21.8M1 loans | -$121.6M |
| CSAIL 2019-C172019 • CSAIL | $741M | $127.6M3 loans | $145.5M4 loans | N/A0 loans | N/A0 loans | -$179.8M |
Why Distress Signals Matter
Distress signals provide critical insights into the health of CMBS deals and underlying collateral performance:
- Early warning detection - Identify deals with deteriorating performance before defaults
- Risk assessment - Quantify exposure to distressed assets across portfolios
- Market sentiment - Understand broader trends in commercial real estate
- Investment decisions - Inform allocation and risk management strategies
Key Distress Indicators
🏦 Special Servicing
When loans transfer to special servicing, it indicates the borrower is experiencing financial difficulties. We track:
- Balance in special servicing
- Number of loans transferred
💳 Delinquency Patterns
Delinquent payments signal immediate cash flow issues. We analyze:
- Total delinquent balance
- Number of delinquent loans
- Payment history trends
🎈 Balloon Maturity Exposure
Balloon payments can create refinancing risk. We track:
- Performing balloon balance
- Non-performing balloon balance
- Maturity concentration risk
📊 Valuation Changes
Declining property values can signal underlying issues. We analyze:
- Valuation change amounts
- Frequency of valuation updates
- Correlation with other distress signals
Real Use Cases
🧠 For Portfolio Managers
Use distress signals to identify at-risk exposures in your CMBS holdings. Compare your portfolio's distress metrics against market averages and adjust allocations accordingly.
📡 For Risk Analysts
Track distress trends across different property types, geographies, and vintages. Build early warning systems to flag deteriorating deals before they impact performance.
🤖 For AI Systems
Feed distress signal data into predictive models to forecast potential defaults and estimate recovery rates. Enable intelligent agents to provide risk assessments and recommendations.
What We Track
Our distress analysis covers:
- Special Servicing Metrics - Balance, loan count
- Delinquency Patterns - Payment history, default risk
- Balloon Maturity Risk - Performing and non-performing exposure
- Valuation Trends - Change amounts, updates, market impact
- Geographic Analysis - Regional distress concentrations
- Property Type Exposure - Sector-specific risk factors
Get Started
Explore the distress metrics and deal-level analysis below to understand current CMBS market conditions and identify potential risk exposures in your portfolio.