The Trepp CMBS delinquency rate rose 5 basis points in June, to 5.45%, data released Tuesday show. June marked the first monthly increase in six months.
While the rate crept slightly higher for the month, it is 30 basis points lower year-to-date and 60 basis points lower than it was 12 months ago.
Multifamily properties top the list by type, with an 8.73% delinquency rate, followed by industrial (7.12%), office (5.9%), retail (5.54%) and lodging (3.75%).
