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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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KBRA Releases Research – CMBS Loan Performance Trends: June 2025

KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the June 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) in June decreased to 7.3% from 7.4% in May. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) also decreased 31 basis points (bps) to 10.6%. After last month’s 204-bp increase in the distress rate, mixed-use saw a 419-bps decrease following the modification of the JPMCC 2022-NLP Portfolio loan.

In June, CMBS loans totaling $1.6 billion were newly added to the distress rate, of which 47.5% ($771 million) comprised imminent or actual maturity default. The office sector experienced the highest volume of newly distressed loans (47.6%, $772.5 million), followed by retail (19.9%, $322.4 million), and lodging (9.8%, $158.6 million).

Key observations of the June 2025 performance data are as follows:

  • The delinquency rate decreased to 7.3% ($23.9 billion) from 7.4% ($24.5 billion) in May.
  • The distress rate decreased to 10.6% ($34.6 billion) from 10.9% ($35.8 billion) last month.
  • The office delinquency rate increased 51 bps this month to 12.1%. The sector continues its upward trend, albeit at a slower rate than last month. Among KBRA-rated loans, Federal Center Plaza ($130 million in COMM 2013-CR6) and 25 Broadway ($116.6 million in COMM 2014-CR16) became nonperforming matured balloon this month, as the loans became delinquent in June. Additionally, the $300 million One California Plaza loan ($250 million in CSMC 2017-CALI and $50 million in CSAIL 2017-CX10, both KBRA-rated) entered the foreclosure process as negotiations fell through after short-term forbearances.
  • Mixed-use’s distress rate fell 419 bps after a 292-bp jump last month. JPMCC 2022-NLP Portfolio, with $1 billion in JPMCC 2022-NLP, was modified and extended 24 months. Prime Storage Fund II, with $340 million in CGCMT 2021-PRM2, was returned to the master servicer after a successful maturity extension to November 2025.
  • Multifamily saw a decrease in the specially serviced rate after the Hatteras Multifamily Portfolio ($346 million in NCMF 2022-MFP) paid off without a loss after a 90-day forbearance. The multifamily delinquency rate climbed 59 bps, as four loans ranging from $45 million to $21 million became 30+ days delinquent on top of another 11 loans under $20 million with an average of $10.4 million that also missed payments.

In this report, KBRA provides observations across our $338 billion rated universe of U.S. private label CMBS including conduits, single-asset single borrower and large loan transactions.

Click here to view the report.

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About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1010182

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