November was the fourth consecutive month of CMBS delinquency decreases, but office properties are still a concern heading into the next year, according to the latest delinquency index results from Fitch Ratings.

In November, CMBS late-pays dropped 15 basis points to 8.41% from 8.56%. New delinquencies that reached $1.8 billion were offset by $2.2 billion of resolutions.

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