CMBS delinquency rates improve, except for retail property loans

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 · New York, May 17, 2018 — Moody’s CMBS conduit Delinquency Tracker (DQT) increased to 5.58% in April from 5.53% in March, the rating agency says in its monthly report on US CMBS conduit loan delinquencies. The increase stemmed mainly from newly delinquent loans in the 2011 and 2013 vintages. The DQT peaked at 10.06% in July 2012.

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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 in CMBS rose one basis point to 2.88% last month, marking the first rate increase in five months. The delinquency reading has dropped 167 basis points year over year.

In addition, all of the five major property types saw their delinquency rates improve over the course of the month. While retail loans remain the best performing property type, the industrial.

The increase in the July delinquency rate was largely driven by increases in delinquencies of multifamily loans, as well as due to a general weakness in the all property types except retail, according to Trepp. Overall, there were $57.8 billion in delinquent loans as of August 2012.

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.

Hotel loans are right behind them with a 2.82 percent delinquency rate, unchanged from December. Loans against two of the remaining three major property types saw delinquency improvements, with those against retail properties improving to 5.62 percent from 5.76 percent and those against office properties improving to 5.24 percent from 5.79 percent.

Mortgage-backed securities I | Finance & Capital Markets | Khan Academy By property type, in December, multifamily loans topped retail. the rate at 9.39 percent. That is once again the highest percentage of loans 30+ days delinquent, in foreclosure or REO in the.

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 · The delinquency rate for lodging loans fell to 5.19% in July and retail increased to 5.53%. While all five property types have fallen into the single digits for their respective delinquency rates.