About 30 percent of newly delinquent commercial real estate loans in the U.S. were from commercial mortgage-backed securities loans originated in 2005, according to Fitch Ratings’ February delinquency index. Upcoming maturities for deals originated five years ago contributed to a delinquency rate that stood at 6.29 percent at the end of February.<\/p>\n
Office properties had the largest increase in the loan delinquency index, growing by 45 basis points from January to a total rate of 3.5 percent. The hotel industry’s delinquency rate is the greatest at 16.6 percent, while multifamily is at nearly 9 percent, retail at 5.1 percent and industrial at 4.2 percent<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" About 30 percent of newly delinquent commercial real estate loans in the U.S. were from commercial mortgage-backed securities loans originated in 2005, according to Fitch Ratings’ February delinquency index. Upcoming maturities for deals originated five years ago contributed to a delinquency rate that stood at 6.29 percent at the end of February. Office properties had … Continue reading CMBS dinlinquency update: Industrial holding up the best<\/span>