In June, according to Trepp, the CMBS delinquency rate posted its lowest reading in almost three years. The 42-basis-point (bp) drop in the delinquency rate was the biggest one-month improvement since Trepp began publishing a monthly rate in fall 2009. Four of the five major property types saw their … [Read more...] about 7.12.13: CMBS Delinquency Plummets
5.4.13: CMBS Delinquency Plummets
In April, the Trepp CMBS delinquency rate posted its lowest reading in more than two years: The 47-basis-point (bp) drop was the biggest one-month gain since Trepp began publishing the number in the fall of 2009. All major property types saw their delinquency rates fall in April. Hotel and apartment … [Read more...] about 5.4.13: CMBS Delinquency Plummets
9.2.12: Delinquency Rate Falls 21 BP in August – Largest Decline Since November 2011
The long-anticipated leveling off of the U.S. CMBS delinquency rate became a reality in August. Over the last few months, we predicted that the Trepp CMBS Delinquency Rate would hit a high in early to mid-summer then decelerate in the second half of the year. That prognostication came to fruition in … [Read more...] about 9.2.12: Delinquency Rate Falls 21 BP in August – Largest Decline Since November 2011
5.30.12: Legacy CMBS Delinquency Rates Continue to Rise
In a sign that the troublesome class of 2007 loans has not yet made the grade, the CMBS delinquency rate hit a new high in May after steadily creeping up over the last three months. New research from Trepp shows that the delinquency rate is now 10.04%, up 24 basis points (bp) from last month (9.8%) … [Read more...] about 5.30.12: Legacy CMBS Delinquency Rates Continue to Rise
9.1.11: CMBS Delinquency Rate Recedes Sharply in August
After a dismal July delinquency reading, the CMBS market rebounded smartly in August, according to Trepp. The delinquency rate for U.S. commercial real estate loans in CMBS fell 36 basis points (bp) in August to 9.52%. This is the second-largest drop since the beginning of the credit crisis in 2008 … [Read more...] about 9.1.11: CMBS Delinquency Rate Recedes Sharply in August
3.4.11: Trepp: CMBS Buyers’ Faith Rewarded as U.S. Delinquency Numbers Level Off
The faith that investors have shown in the legacy U.S. CMBS market over the last few months was validated on Wednesday when the Trepp Delinquency Report reported that the core delinquency rate for February had one of its smallest increases since the beginning of the credit crisis. In February, the … [Read more...] about 3.4.11: Trepp: CMBS Buyers’ Faith Rewarded as U.S. Delinquency Numbers Level Off
2.1.11: Trepp Reports Delinquency Rate Reaches Another Record High
On the heels of a CMBS industry conference where cautious optimism was the common theme, and a week in which several new CMBS deals were announced, a record setting delinquency rate of 9.34% for January indicates that the CMBS market still has some ground to make up, according to a report from … [Read more...] about 2.1.11: Trepp Reports Delinquency Rate Reaches Another Record High