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Commercial delinquency rate increase

The Trepp CMBS Delinquency Rate inched up again in May.

It was the third straight month that the rate has crept higher following two large decreases in January and February.

The delinquency rate for US commercial real estate loans in CMBS is now 4.35%, an increase of 12 basis points from April. The rate is 105 basis points lower than the year-ago level and 82 basis points lower since the beginning of the year.

The all-time high was 10.34% in July 2012.The Numbers:•The overall US CMBS delinquency rate increased 12 basis points to 4.35%.•The percentage of loans seriously delinquent(60+ days delinquent, in foreclosure, REO, or non-performing balloons) is now 4.24%, up 11 basispoints for the month.•If defeased loans were taken out of the equation, theoverall 30-day delinquency rate would be 4.58%, up 13 basis points for the month.

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Category -Uncategorized| Jun 9, 2016| No Comments

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