Trepp LLC said in a report today that November CMBS delinquency rates increased by 2 basis points, reversing a consecutive three month declining trend.

The delinquency rate for U.S. commercial real estate loans in CMBS increased to 9.71% last month. From July through October, the rate fell 65 basis points from an all-time high of 10.34% in July to 9.69% in October.

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