CMBS delinquency rates improve, except for retail property loans

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Commercial real estate defaults are up CMBS in 2018: The Rating Agencies’ Predictions. By Cathy Cunningham December 8, 2017 3:30 pm. and we expect the overall delinquency rate to improve as the volume of newly issued CMBS 2.0 loans outweighs that of delinquent CMBS 1.0 loans.

CMBS Research. performing major property type.. The retail delinquency rate jumped 12 basis points to 5.76%. Year-over-year, the retail rate was. Top 5 Newly Delinquent Loans Property.

Trepp, LLC released its August 2013 U.S. CMBS Delinquency Report. The delinquency rate. loans that are past their balloon date but current on their interest payments. About 2,900 are currently with.

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For only the fourth time in 4 years, there was an increase. The CMBS delinquency rate for the retail sector was up 14.

The Trepp CMBS Delinquency Rate did something it’s only done three times in the last 21 months: it increased. Delinquencies for US commercial real estate loans. drop by property type, the retail.

Kroll notes that 36.5 percent of maturing loans in 2016 are for brick-and-mortar retail. Mary MacNeill of Fitch Ratings points out that retail remains the slowest to improve among the major property types, with the highest delinquency rate.

A few thoughts on the future of retail and CMBS. Even as CMBS issuance fades other financing remains intact Financing, flowing to the commercial real estate market, remains healthy. That dynamic seems likely to continue into 2017.. delinquency rate will likely shoot considerably higher. This does not necessarily mean credit is worse.

 · The U.S. CMBS delinquency rate, which has been moving steadily higher during 11 of the past 13 months, continued its climb in March, according to Trepp. The delinquency rate for U.S. commercial real estate loans in CMBS is now 5.37 percent, an increase of 6 basis points from February. The rate is now 115 basis points higher than the year-ago level, and 14 basis points higher year-to-date.

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The increase reversed a long-term trend of declining delinquencies in the sector. It also nudged higher the overall CMBS delinquency rate. loans with an aggregate balance of $5.76 billion. As the.