CMBS Delinquencies and Special Servicing Hit Record Highs

CMBS Delinquencies and Special Servicing Hit Record Highs

CMBS delinquencies hit record high The delinquency rate on commercial mortgage-backed securities (CMBS) spiked 51 basis points in July to an all-time high of 9.88%, according to analytics provider Trepp. The new record comes after two consecutive monthly drops, a first for the market since 2008.

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