Trepp’s CMBS delinquency rate posted its largest drop in more than four years during July, declining 72 basis points to 9.6%. However, Trepp also noted an increase in the percentage of CMBS deals in special servicing. About 1.7% of loan delinquencies is represented by loans in the 30-day delinquency bucket while another 2.56% is now 60 days delinquent. Both of those numbers were sizable…


CMBS Late-Pays Decline in July, Though More Loans Enter Special Servicing

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