The U.S. delinquency rate for commercial real estate loans in CMBS experienced its biggest decrease in two years, falling by 5 basis points to 9.60% in May, according to figures reported by Trepp LLC. 

“Last month, the delinquency rate posted its biggest rate of increase since late 2010 - a 23 basis point jump,” said Manus Clancy, Managing Director of Trepp. "The increase took many CMBS pros by surprise as it came after three consecutive months of improving results. While there may be additional bumps along the way, we think the May numbers accurately reflect a levelling off in the market.”

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