Monthly performance on securitized commercial real estate loans improved again last month, and the rate of delinquency now stands at a new post-crisis low.
On loans that are held in commercial mortgage-backed securities, delinquency of at least 30 days, including foreclosures and real estate owned, was 2.06 percent as of mid-2018.
The rate improved versus one month previous, when it was already a record-low 2.15 percent. Compared to the same month in 2017, CMBS delinquency has plummeted 98 basis points.
Source: Mortgage Daily