Cincinnati Office
PHONE: 513-412-3481
TOLL FREE: 800-427-7212
FAX: 513-412-3482
Providence Office
PHONE: 401-421-3763
TOLL FREE: 877-395-1031
FAX: 401-453-5847
THE NATIONAL REAL ESTATE INVESTOR
The 30-plus-day CMBS delinquency rate reached a new post-crisis low in July, at 3.81 percent, according to research firm Trepp LLC. The figure represents a 168-basis-point decline from the same period last year, and a 14-basis-point decline from the CMBS delinquency rate in June 2018.
Trepp researchers credit the resolution of distressed legacy loans and a healthy level of new issuance for the decrease and forecast the delinquency rate might fall below 3.0 percent by the end of the year. Click here to read the full article.