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.

 

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