Thursday, January 3, 2013

US CMBS Delinquency Rate Unchanged in December via SYS-CON MEDIA

The Trepp CMBS delinquency rate in December was unchanged from the previous month at 9.71%. After months of continued volatility, the delinquency rate for US commercial real estate loans in CMBS has regained some stability. From early 2012 through the end of the summer, the CMBS delinquency rate bounced around considerably.

Large movements in the delinquency rate during the first six months of the year were caused primarily by the high number of five-year loans securitized in 2007. As these loans reached their maturity dates and were unable to refinance, the rate was pushed to record highs. With these troubled loans now behind the market and the next wave not coming due until 2014, rate movements should be modest in the near future.

Read more...US CMBS Delinquency Rate Unchanged in December | SYS-CON MEDIA

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