The rate of delinquency on securitized commercial real estate loans was lower last month, and a big drop in late payments on loans secured by apartment buildings and hotels was responsible for the improved performance.

CRE loans at least 30 days past due as of Jan. 31 that were included in commercial mortgage-backed securities accounted for 9.52 percent of all CMBS loans.

That worked out to $57.7 billion in delinquent loans.

More: continued here

Related Content

Subscribe to the post comments feeds or Leave a trackback