June CMBS delinquency volume spikes 53%

07/28/2009 | CRENews.com

The value of CMBS loans classified as delinquent exploded to $28.65 billion in June, a 53% increase over May's figure. If the $3.4 billion in delinquent loans to the bankrupt REIT General Growth Properties is taken out of the number, that still leaves $25.27 billion worth of delinquent CMBS loans.

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