The commercial mortgage-backed securities delinquency rate fell from August to September, according to Fitch Ratings.
Delinquencies fell by six basis points to 4.46% in September, Fitch said in its
Resolutions in September totaled $688 million. The number of new delinquencies totaled $624 million.
Mixed-use delinquencies rose 59 basis points to 4.17%, while retail delinquencies rose 10 basis points to 5.58%.
Hotel delinquencies fell 63 basis points to 4.64%, industrial delinquencies fell 55 basis points to 4.9%, office delinquencies fell nine basis points to 4.95% and multifamily delinquencies fell eight basis points to 4.47%.
