“Commentary: The delinquency rate for commercial real estate loans in CMBS continued to move higher in May as the monthly rate of increase has demonstrated remarkable consistency. For seven of the last eight months, the rate of increase in delinquencies has been between 37 and 49 basis points (after backing out the Stuyvesant Town impact in March). The only exception was February of this year when the delinquency rate nudged up only 22 basis points.” Please go to the above link to read the entire story
