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August 6, 2018

CMBS Delinquency Rate Reaches a New Low in July

 

THE NATIONAL REAL ESTATE INVESTOR

The 30-plus-day CMBS delinquency rate reached a new post-crisis low in July, at 3.81 percent, according to research firm Trepp LLC. The figure represents a 168-basis-point decline from the same period last year, and a 14-basis-point decline from the CMBS delinquency rate in June 2018.

Trepp researchers credit the resolution of distressed legacy loans and a healthy level of new issuance for the decrease and forecast the delinquency rate might fall below 3.0 percent by the end of the year. Click here to read the full article.

 
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