The delinquency rate for commercial mortgage-backed securities (CMBS) dropped for the second consecutive month after six months of increases, according to data from Trepp Inc. February’s overall delinquency rate decreased 26 basis points to 6.30%. One year ago, the...
The delinquency rate on commercial mortgage-backed securities (CMBS) dipped by 1 basis point in January to 6.56%, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 4.66%. “This pullback follows six straight months of increases to the...
An unlikely new site for affordable housing, a spike in CMBS delinquencies and a very long wait to sell a home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 30-Jan. 3. Hit: A Trashy Solution. New York City is taking a...
The commercial mortgage-backed securities (CMBS) delinquency rate spiked by 17 basis points in December to 6.57%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 206 basis points. The percentage of loans that are seriously...
The delinquency rate for commercial mortgage-backed securities (CMBS) soared in November by 42 basis points to 6.40%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 4.58%. Trepp attributed the upswing to substantial increases in the...