Officed Up via Commercial Property Executive

The CMBS delinquency rate has reached a new high at the end of each month through the first half of this year. At the end of June, the rate was 9.62 percent, up from 9.43 percent last month and 9.07 percent one year ago. The amount delinquent increased to $44.75 billion in June, although the monthly increase was less than 1 percent. The amount delinquent movements have been negligible each month this year, ranging from an increase of 2.3 percent to a decrease of 2.4 percent. Despite the fluctuations, however, the amount delinquent at mid-year was actually 0.2 percent lower than where it was at the beginning of 2012.

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