"In November 2010, the delinquent unpaid balance for CMBS increased by an additional $1.94 billion, up to $61.11 billion from $59.18 billion a month prior (a 3.3% increase). This followed the previous month’s substantial decrease of $3.02 billion - the first reported decrease in over a year. The delinquent unpaid balance for CMBS at such time had decreased uncharacteristically to $59.18 billion from $62.19 billion a month prior, mostly attributed to the resolution of the $4.1 billion Extended Stay Hotel loan from the WBC07ESH transaction, which had been 90+-day’s delinquent".... [read it free at RealPoint.com]
Monthly CMBS Delinquency Report- December (RealPoint)
12/17/2010 07:19:00 PM
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