Late loan payments soar in May

Hotel, retail properties push late loan payments to highest month-over-month increase since 2009.

  • By Kevin McQuaid
  • | 6:00 a.m. June 25, 2020
  • Commercial Real Estate
  • Share

Commercial mortgage-backed securities’ (CMBS) delinquencies rose last month by the highest month-over-month amount since 2009 stemming from the coronavirus pandemic, according to a real estate research firm that tracks the debt.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 3, 2026
Bradenton restaurant to open second spot, in south Sarasota County
  • April 3, 2026
Net-zero Cortez community selects company to handle rentals
  • April 2, 2026
Sarasota Doctors Hospital names new COO
  • April 2, 2026
Babcock Ranch shopping center gets refinance

Sponsored Content