CMBS delinquencies dropped significantly in July

08/15/2013 | REIT.com

Fitch Ratings reports that the number of commercial mortgage-backed securities delinquencies declined in July to the lowest level seen since the end of the recession. There are still troubled areas, though, the ratings agency said. "Office properties in secondary and tertiary markets remain a challenge, as do retail malls with struggling sales and nearby competition," according to Mary McNeill, managing director at Fitch Ratings.

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