CMBS DELINQUENCY RATE JUMPS 40 BASIS POINTS IN MAY – RATE NOW 8.42%

As reported by TREPP the delinquency rate for commercial real estate loans in CMBS continued to move higher in May as the monthly rate of increase has demonstrated remarkable consistency.

Specifically, office delinquency approaches 6% up 44bps.  This property type has seen continual increases month over month since May of 2009.

And the beat goes on….

View the full report here.