Wednesday, October 14, 2009

Hotel Term Defaults Push U.S. CMBS Delinquencies 54 bps Higher

The reprieve is over for U.S. CMBS as delinquencies resumed their upward trajectory to end the month at 3.58%, according to the latest Loan Delinquency Index results from Fitch Ratings. The hotel sector now leads as the property type with the largest proportion of delinquencies at 5.83%.

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