The volume of CMBS loans that are now classified as being more than 30 days late declined in May by $508 million to $29.2 billion, according to Trepp Inc. The volume of office loans that are delinquent declined by more than 6 percent. That was due to a large loan modification and the reclassification of another mortgage that comes due next week.

The post CMBS Delinquency Volume Dips in May, Aided by Office Loan Modifications appeared first on Commercial Real Estate Direct.