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Hotels Continue to Drag Down CMBS Performance

Posted by admin on Friday, March 12th 2010

12
Mar

Delinquency on securitized commercial mortgages rose 31 basis points in February, Moody’s Investors Service reported.

The increase was led by an 82 basis point surge in hotel delinquency.

Late payments on hotel loans rose faster than on any other loan type.

More: continued here

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