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Fitch: U.S. CMBS Delinquencies Edge Up in June

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NEW YORK--(BUSINESS WIRE)--U.S. CMBS delinquencies climbed slightly last month led by two large newly delinquent loans, according to the latest index results from Fitch Ratings. Loan delinquencies rose six basis points (bps) in June to 4.54% from 4.48% a month earlier. The dollar balance of late-pays increased $65 million to $17.17 billion from $17.10 billion in May. The delinquency rise was driven by new delinquencies of $876 million exceeding resolutions of $780 million, as well as a reductio

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