CMBS Delinquencies

Retail properties had the largest decline, at $932 million, while office decreased by $805 million.

CMBS delinquencies by property type; $ in billions

Source: Standard & Poor’s, www.standardandpoors.com, Deegant Pandya, 212-438-1289
Source: S&P Global Ratings, Deegant Pandya, 212-438-1289

Delinquencies have continued to drop year-over-year, as of April 2017, except for the industrial sector. Retail properties had the largest decline, at $932 million, while office decreased by $805 million, multifamily by $361 million, lodging by $196 million and industrial by $45 million.