Sumit Sasidharan joins Angel Oak as its new Head of Commercial Real Estate, where he will lead the firm’s CRE platform, focusing on growing, managing, and expanding the firm’s permanent and bridge-loan financing solutions.
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MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter.
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CMBS See Large Uptick in Delinquencies Compared to Other Investor Groups
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The MBA reports that volatile interest rates and stresses on some property markets have increased delinquency rates backed by commercial real estate properties in Q2, trending upward alongside the national residential mortgage delinquency rate.
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