A record number of loan resolutions in August tempered the effect of $3.1 billion of new delinquencies in U.S. CMBS, according to Fitch Ratings U.S. CMBS delinquency index.  

Recent defaults on five loans greater than $100 million contributed to a 23-basis point net increase in the U.S. CMBS delinquency rate to 8.48%.  Meanwhile, $2.1 billion of loans were resolved or liquidated last month.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.