The delinquency rate on loans included in U.S. commercial mortgage-backed securities (CMBS) transactions increased by five basis points in December to 9.32 percent, according to new data from Moody’s Investors Service. At the same time, the rate of loans in special servicing declined by 13 basis points. December was the 12th consecutive month that CMBS delinquencies have been above 9 percent, according to Moody’s assessment. Bank of America Plaza in Atlanta, Georgia, with an outstanding balance of $ 363 million was the largest newly delinquent loan in December.
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