The CMBS delinquency rate made a steep drop in August, marking the first fall since February 2012, according to Trepp.
After five months of increases, the CMBS delinquency rate fell 21 basis points to 10.13 percent in August from 10.34 in July. The plunge in August is the largest since November 2011.
Read more...CMBS Delinquency Rate Falls Sharply After Increases: Trepp DSNews.com
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