Mar
03

Trepp CMBS Delinquency Rate Fell for 4th Straight Month

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chart downThe Trepp CMBS Delinquency Rate fell for the fourth straight month and the 20th time in the last two years.

The delinquency rate for US commercial real estate loans in CMBS is now 5.58%, down eight basis points for February and 120 basis points from a year ago.

CMBS loans that were previously delinquent but paid off either at par or with a loss totaled about $550 million in February, while over $700 million in loans were cured last month.

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