Just one month after surging, the rate of past-due payments on securitized commercial real estate loans improved. Apartment loans are performing best.
On loans that are included in commercial mortgage-backed securities, delinquency of at least 60 days concluded July at 6.72 percent.
That was an improvement from the preceding month, when CMBS conduit loan delinquency ended the period at 7.07 percent.
Source: Mortgage Daily