Monday, July 30, 2012

July Trepp CMBS Delinquency Rate Hits New All-Time High Once Again via Trepp

Trepp, LLC, the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets, released its July 2012 U.S. CMBS Delinquency Report today (available at http://www.trepp.com/knowledge/research).

In July, the U.S. CMBS delinquency rate set an all-time high once again, moving up another 18 basis points to 10.36%. This latest move puts the delinquency level up 97 basis points since February and makes July the fifth straight month in which the rate has increased.

There are $59.5 billion in CMBS loans now delinquent, which excludes loans that are past their balloon date but are current in their interest payments. There are currently $75.4 billion in loans that are with the special servicer, representing almost 4,000 loans.

Read more...July Trepp CMBS Delinquency Rate Hits New All-Time High Once Again | Trepp

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.