The volume of CMBS loans that are more than 30 days late with their payments increased by $629 million last month to $42.61 billion, according to Trepp Inc. That amounts to 7.08% of the $601.6 billion universe that Trepp tracks and is up from the 7.04% delinquency rate recorded in April.

The post CMBS Delinquency Volume Increases by $629Mln in May; Delinquency Rate Climbs to 7.08% appeared first on Commercial Real Estate Direct.