Trepp, LLC, the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets, released its September 2012 U.S. CMBS Delinquency Report today (available at http://www.trepp.com/knowledge/research).
The delinquency rate for U.S. commercial real estate loans in CMBS fell 14 basis points to 9.99% in September. This brings the rate below 10% for the first time since April. This month’s improvement followed a notable 21 basis point drop in August, the largest one-month drop since November 2011.
Read more...Trepp CMBS Delinquency Rate Under 10% for First Time Since April 2012; Uptick in Loan Resolutions Helps Rate Fall for Second Straight Month via Ereleases.com
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