The CMBS delinquency rate considerably rose in October, according to Trepp. October showed delinquency rates for U.S. commercial real estate (CRE) loans in CMBS increasing 21 basis points to 9.77%.
The CMBS delinquency rate is currently at its second-highest level ever recorded. Only the 9.88% reading in July 2011 was higher. Trepp released a report this morning.