Office CMBS Delinquencies Surpass 10% in November
Soured office loans drove a 7.36% increase in CMBS delinquencies during November, Trepp reported. The U.S. CMBS delinquency rate rose 42 basis points overall to 6.4%, compared to 4.58% a year ago. Office delinquencies rose about 100 bps in November…