Share this article!

The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%.

The percentage of loans that was 30 days delinquent was 0.24%, up one basis point for the month, while the share that was 60 days delinquent was 0.09%.

The beleaguered office sector saw the greatest increase since September 2023 with a 48-basis-point spike to 6.30%. The lodging delinquency rate rose 6 basis points to 5.46%.

On the flip side, the multifamily segment experienced the greatest decline with a 71-basis-point plummet to 1.91% – that tumble was attributed to a large 2019 single-asset, single-borrower apartment loan in San Francisco that was disposed in January. The industrial delinquency rate fell 17 basis points to 0.40% while the retail delinquency rate dropped 20 basis points to 6.27%

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favorite homes and more

Sign up with email

Get started with your account

to save your favorite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create an agent account

Manage your listings, profile and more

Sign up with email