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CMBS Loan Delinquencies On the Rise

Nov 17, 2009 9:36 AM

From The Real Deal:
Hotels lead property types in mortgage defaults
U.S. commercial mortgage-backed securities saw another monthly jump in the rate of delinquencies in October, according to data from Fitch Ratings, as late-pays jumped 3.86 percent since September. Overall, hotel properties saw the greatest percentage of mortgages defaults, with 6.81 percent of hotel property loans going into default, according to the report. Click here for the full report.

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