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  "documentTitle": "mi guide to alternatives",
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  "authorName": "J.P. Morgan Asset Management",
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  "notes": "The slide highlights the significant spike in office sector delinquencies compared to other property types as of late 2025.",
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      "text": "Source: Moody's, Mortgage Bankers Association, J.P. Morgan Asset Management. (Left) Data are as of 12/31/2024. (Right) Moody's defines delinquencies as loans that are 60 or more days in payment arrears.",
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      "text": "Commercial mortgage maturities and delinquencies",
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