Less Than Half Of Maturing CMBS Loans Pay Off

18 Apr 2012

Less than half—47%--of loans in commercial mortgage-backed securities due to mature in March were paid off on time, according to Morningstar.

Less than half—47%--of loans in commercial mortgage-backed securities due to mature in March were paid off on time, according to Morningstar. The credit rating agency noted that roughly 28% of the unpaid loans are now considered delinquent, up from 26% in February and 19% in January.

Click ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial