Retail remains the best performing major property type in commercial mortgage backed securities, according to Trepp. The delinquency rate in this sector improved by 26 basis points over August figures. However, over the next few months J.C. Penney's financial situation could weigh on the CMBS and CRE markets.

According to Trepp the retail delinquency rate is now at 6.50%. Standard & Poor’s said for  retail CMBS it rates, delinquencies fell by $2.1billion to $9.3billion in September.

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.