Monthly delinquency on securitized commercial real estate loans fell to the lowest level since 2016, and office loans led the improvement. But hotel delinquency substantially deteriorated.
Thirty-day delinquency on loans that are part of commercial mortgage-backed securities was 4.83 percent as of Jan. 31 — the lowest rate since it was 4.78 percent in September 2016.
CMBS delinquency declined from 4.89 percent in December 2017. It was the seventh month in a row that 30-day delinquency on securitized CRE loans has moved lower.
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From:: Financing