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New York City single-tenant retail properties are showing increasing signs of distress. While there has been more focus on troubles and bankruptcies among big-box retailers, including Lord & Taylor, J. Crew, and Brooks Brothers, data from DBRS Morningstar found an unusually high level of delinquencies among single-tenant retailers as well. In total, the report found 14 CMBS loans totaling $467.4 million that were either delinquent or in special servicing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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