US Office CMBS Delinquency Rate Hits Record 12.3% in January

The statement is assessed as 'likely_true' with high confidence. The evidence from multiple credible sources strongly supports the core claims. Several industry news outlets (Law360, CRE Daily, Yield PRO) corroborate that the delinquency rate for office CMBS hit a 'record high' or 'new peak' in January, and they attribute this data to Trepp, the leading authority in the field. One highly relevant source (Wolf Street) directly confirms every element of the statement, including the specific figure of 12.3% in January.There is a minor contradiction from a social media post by Barchart, which claims a record rate of 11.7%. However, this source has significantly lower authority than the others. The discrepancy could be due to different calculation methods, preliminary data, or an error. Given that the overwhelming weight of evidence from more authoritative sources confirms the narrative of a new record high in January, and one source explicitly states the 12.3% figure, this single, less-credible contradiction is not sufficient to invalidate the claim.