CMBS Delinquency Rate Closes 2018 at 3.11 Percent – NMP Skip to main content

CMBS Delinquency Rate Closes 2018 at 3.11 Percent

Jan 03, 2019
Moody’s Analytics has launched the Real Estate Information Services (REIS) Network

The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) ended 2018 in a downward motion, according to data from Trepp LLC.
 
The December CMBS delinquency rate was 3.11 percent, down from 3.33 percent in November. One year ago, the rate was 4.89 percent. In total, the rate dropped 178 basis points during the course of 2018.
 
Trepp noted that the CMBS delinquency rate started to fall after June 2017 when it registered 5.75 percent. Since then, it has dropped for 16 of the last 18 months.
 
Among the sectors within commercial real estate, the industrial delinquency rate closed 2018 at 2.39 percent, representing the largest year-over-year improvement among property types. The lodging delinquency rate was 1.51 percent, and Trepp praised lodging as the best performing property type within commercial real estate for December. The multifamily delinquency rate came in at 1.98 percent, the office delinquency rate reached 3.45 percent, and the retail delinquency rate closed the year at 5.21 percent—with Trepp naming retail as the the worst performing property type for the month.

 
About the author
Published
Jan 03, 2019
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026