NEW YORK, NY -- In April, the Trepp CMBS delinquency rate
posted its lowest reading in more than two years.
The 47 basis point
drop in the delinquency rate 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 loans led
the pack, each with more than 100 basis points in improvement.
The delinquency rate for US commercial real estate loans in
CMBS was 9.03% in April, the lowest reading since the November 2010 rate of
8.92%.
For a complete copy
of the company’s news release, please contact:
Eric R. Gerard
Senior Vice President
Great Ink Communications
27 Union Square West, Suite 205
New York, NY 10001
(212) 741-2977
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