CMBS Delinquency Down 3rd Consecutive Month

For the third month in a row, the rate of late payments on loans included in commercial mortgage-backed securities improved. Office loans led the decline.

Delinquency of at least 30 days on securitized commercial real estate loans worked out to 2.94 percent as of Sept. 30 of this year.

That turned out to be an 8-basis-point improvement compared to the prior month and the lowest rate since it was 2.90 percent a year prior.

---

…read more

From:: Financing