Aug
31

CMBS Late-Pays Rise After July Decline

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Trepp’s headquarters in Midtown Manhattan.

NEW YORK CITY—Having moved slightly upward and downward throughout the summer, CMBS delinquencies continued the pattern in August. Trepp LLC says the delinquency rate for securitized US commercial real estate loans moved up three basis points in August to 5.45%.

The August increase reversed July’s three-bp improvement. The rate is now 65 bps lower than the year-ago level, and has decreased 30 bps for the year to date…

CMBS Late-Pays Rise After July Decline

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