CMBS Delinquency Rate Up For The First Time In 18 Months
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2021 on a rare uptick, according to new data from Trepp LLC.
What Happened: The Trepp CMBS delinquency rate in December was 4.57%, a 19-basis-point increase from November and the first time in 18 months that the rate was up.