The U.S. CMBS delinquency rate fell slightly in January, according to Trepp. The delinquency rate for U.S. commercial real estate loans in CMBS is now 5.18 percent, a drop of 5 basis points from December, when it was at its highest level in 14 months.
The rate is now 86 basis points higher than the year-ago level. The rate hit a multi-year low of 4.15 percent in February 2016, following the resolution of the $3 billion Stuyvesant Town/Peter Cooper Village loan. The all-time high was 10.34 percent in July 2012.
Broken down by property type, the industrial delinquency rate jumped 40 basis points to 6.02 percent, while lodging fel
