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CMBS Delinquencies Reverse Monthly Decline, Rise in March

The Trepp CMBS Delinquency Rate increased by 41 basis points to 7.55% in March 2026, reversing February’s decline. Four of the five major property types saw increases in their delinquencies, led by lo

The Trepp CMBS Delinquency Rate increased by 41 basis points to 7.55% in March 2026, reversing February’s decline. Four of the five major property types saw increases in their delinquencies, led by lodging with a 137-bp increase to 7.31. The five largest newly delinquent loans accounted for just over $2 billion of the almost $5.1...

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