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BISNOW
September 5, 2018 Champaign Williams, National Editor
Hotel commercial mortgage-backed securities experienced the lowest delinquency rate of the five core CRE sectors in July, bumping multifamily from the top spot for the first time since July 2012 with a 2.25% delinquency rate, Trepp reports.
Though apartments reclaimed their lead in August, with a 2.07% delinquency rate, hospitality trailed closely behind with a rate of 2.22%, and it continues to be one the strongest performing asset classes of the year. Read full article.