Rising Vacancies—but CRE Credit Holds Strong #realestate #officespace

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Office space borrowers are outperforming the broader market on delinquency—so why does the sector still feel so risky?

In this week’s Commercial Pulse Report (May 5, 2026), we break down the latest macroeconomic trends and uncover what’s really happening in the commercial office space sector.

Despite rising vacancy rates driven by the shift to remote work, new data shows that office space businesses are demonstrating strong credit performance, with delinquency rates less than half that of other industries. At the same time, rental prices remain elevated in key metro areas, revealing a market that’s more resilient—and more complex—than headlines suggest.

Read our blog post: https://ex.pn/42eSpDj
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