U.S. CMBS: January rise in delinquency rate is largest during downturn – “The delinquency rate on loans in U.S. CMBS conduit/fusion deals increased 52 basis points in January and now stands at 5.42%, as measured by the Moody’s Delinquency Tracker (DQT). This is the largest one-month increase in the history of the DQT. Loans backed by retail properties had their poorest performance to date. The retail DQT increased 72 basis points to 5.24%. Hotels are the worst performing sector, with a current DQT of 9.82%. The West saw the largest increase in delinquency of the four regions, gaining 71 basis points for a current rate of 5.99%…” [Access to full report requires subscription]