The dollar value of securitized commercial loans 30 days or more
delinquent in the greater New York City metropolitan area fell 17
percent in July compared to a month earlier, a new report by
commercial mortgage research firm Trepp said. There were 92 delinquent loans with a total value of $1.4 billion in
July in the region, compared with 101 loans with a total value of $1.7
billion in June, the data shows. Nationwide, the percentage of delinquent CMBS loans was 3.7 percent,
down from 4 percent in June, but up sharply from the rate of 1.4
percent seen seen six months ago, Trepp figures show. [more]