Publications

- December 1, 2015: Vol. 27, Number 11

To read this full article you need to be subscribed to Institutional Real Estate Americas

CMBS delinquency rate drops slightly in October

by Zoe Wolff

The CMBS delinquency rate decreased for the second consecutive month in October, according to Trepp, falling by 5 basis points to 5.23 percent. The rate is now 91 basis points lower than one year ago and 52 basis points lower year-to-date. There were $1.4 billion of newly delinquent loans in October, while $1.2 billion in previously delinquent loans were paid off at par or with a loss, and approximately $400 million in loans cured. The percentage of seriously delinquent loans fell 5 basis points to 5.10 percent. Currently $27 billion in loans stand delinquent.

 

Forgot your username or password?