CMBS fillip

Category: CMBS

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Hotel sector leads recovery in US CMBS but retail still depressed

Delinquency rates in US CMBS have fallen appreciably in July, led by a robust performance in the hotel sector, reports Fitch Ratings.

But the retail sector, and particularly regional malls, remains a problem area where delinquency rates and volatility are expected to remain elevated.

The overall CMBS delinquency rate fell 22bp from 3.81%

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