After falling in the first couple of months last year, the delinquency rate for commercial mortgage-backed securities real estate loans in the U.S. reversed course and has now reached its highest level since Oct. 2015, according to a report from Trepp.
The overall CMBS loan delinquency rate rose to 5.23 percent in December, 20 basis points higher than November. The rate has been headed upward since the spring when legacy loans from 2006 and 2007 started to reach their maturity dat… (View original article)