Trepp: CMBS Delinquency Rate Up Again

Commercial mortgage-backed securities delinquency rates increased again in March as another wave of loans turned newly delinquent, reported Trepp, New York.

Commercial/Multifamily Briefs

Colliers International Group acquired WelshCo LLC, Minnetonka, Minn., and its brokerage, property management, facilities and architecture divisions.

CREF Highlights

Commercial and multifamily developments and activities relevant to your business and our industry.

Morningstar: CMBS Delinquency Rate Up Again

The commercial mortgage-backed securities delinquency rate rose for the third consecutive month in February, edging up three basis points to 3.04 percent, reported Morningstar Credit Ratings, New York.

Single-Family Rental Property Vacancy and Turnover Improve

The single-family rental vacancy rate decreased to 4.6 percent in February–partly because of a firm and still-improving 79 percent average retention rate–reported Morningstar Credit Ratings, New York.