CMBS Delinquencies Continue Their Steady Fall In February

CMBS Delinquency Report Highlights the Eighth Consecutive Drop ...

Fitch Ratings’ headquarters in New York City

NEW YORK–It is telling that the largest new CMBS delinquency in February was a $26.9 million Studio Green Apartments loan, secured by a 1,074-bed student housing property located in Newark, DE. And the largest resolution was a $90 million Wells Fargo Place loan secured by a 656,000 square foot office property in St. Paul, MN. Relatively speaking, these are small amounts.

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Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She’s a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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