CMBS delinquencies climbed 317 basis points to 10.32% in June, Trepp reported. The percentage of securitized commercial mortgages in arrears is now close to the all-time high of 10.34% set in July 2012. For so-called CMBS 2.0 loans, June’s delinquency rate was 9.36%, up 840 bps year-over-year. For legacy CMBS loans, June delinquencies reached 46.45%. By property type, industrial fared best with a…
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