This Past year they were flatlined and industrial and multifamily come down a little bit. But here's the other side of the equation. CRE delinquency rates, they're getting worse. They started Getting worse in 2223. Look at Office [delinquency rates are] 11.1%. Look at multifamily. That's had a big move up. It's the blue, and it's continuing to move up. Why is that? Well, you got some increase in vacancy rate, some overbuilding. (06:56–45:07)
CLAIM
Asserts that office delinquency rates are currently at 11.1%.
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