Multifamily CMBS lead delinquency drop

05/17/2013 | REIT.com

The apartment sector led the way in the drop of commercial mortgage-backed securities delinquencies in April, according to Fitch Ratings. It reported that in general CMBS delinquencies dropped to their lowest level in five years. Multifamily delinquencies dropped from 8.91% in March to 8.38% in April. The office sector’s delinquency rate fell to 8.39% in April, from 8.5% in March.

View Full Article in:

REIT.com

Published in Brief: