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Sign in Sign up for a FREE subscriptionCMBS delinquency stays on positive track
For the 18th time in the past 20 months, the delinquency rate for U.S. commercial real estate loans in CMBS declined in January and is now at 5.66 percent, down 9 basis points from December and 159 basis points from a year ago, and the CMBS delinquency rate is continuing to set the five-year low eclipsed in November, according to Trepp.
Office CMBS was the only major property type to have its delinquency rate weaken in the month, increasing 10 basis points to 6.18 percent. This could be a sign of things to come for the asset class, as those securities