Office Leads CMBS 30-Day Rate to Lowest Since 2016

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

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