A recent analysis by a pair of Moody’s experts highlights what could be the first sign of pandemic-induced stress on the multifamily sector. While the sector continues to hold up better than retail and lodging, the uptick in delinquency for this group is raising concern.

That’s the take on the multifamily landscape in the note titled: “CMBS Newsflash: Emerging Cracks in Multifamily and a CDC Eviction Moratorium” written by David Salz and Thomas P LaSalvia. The analysis dives into the trend of increasing volume of special servicing within the sector as overall delinquency rates have stabilized and even show signs of declining, and why.

Suzette Parmley

Trenton Correspondent who covers the N.J. Supreme Court, Governor, Legislature. She also contributes to The Legal Intelligencer and law.com. Suzette joined New Jersey Law Journal in Jan. 2019 from the Philadelphia Inquirer where she was a former Trenton Statehouse Correspondent and Business Reporter/Columnist. Awards: 1st Place for 2020 coverage of NJ Supreme Court; 2019 Specialized Writing Category, 5-time winner of the Business Financial Writing Portfolio Award from the New Jersey Press Association. Graduate of the Fels Center of Government/University of Pennsylvania. Email: [email protected] or follow on Twitter: @SuzParmley

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